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Land prices in Andhra Pradesh

Q: Hi ..i heard that Andhra Pradesh government is planning to increase land prices. Is it true..??

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Replies (8)
1
Is the new land registration charges finalized in Hyderabad by the Andhra Pradesh government?
Kodanda Reddy


Planning for the hike in the registration charges is going on from its present 4%. However, the new charges have not been finalized yet.

The Andhra Pradesh government is also thinking to hike the stamp duty on gift deeds and settlement deeds, which is 1% each presently.
Vineet raj,  Hyderabad
13th November 2014


2
What is the land value in nuzividu after simandhra?
Yamini Lasya


Hey I think the price would be around Rs 2,000 per sq ft. Nuzvid is mainly a commercial area in Vijayawada. :)
6th June 2014


3
What is the current situation of land prices in Hyderabad?
Richa Shukla


Gurmeet
@Richa: I think around 3-5 years, this is the right time to enter Hyderabad’s market. People are anticipating price correction. Once there is political clarity, prices are expected to appreciate further. Thus, this could be the best time to pick up stocks in Hyderabad market. :)
23rd May 2014


4
Hi Manohar..Builders in Vijayawada are offering flats at a cost of more than Rs 50 lakh each. Thus people are not coming forward to buy such high priced flats. This in turn is demotivating builders to construct residential projects in Vijayawada.
Abdul Zafar


5
The government should not do this..middle class people will be affected most. Moreover some builders think that this increase in land prices may not affect the real estate sector in this region. This step will help to net highest revenue through stamp duty.
Manohar


6
I totally agree with you Varun...as per my research... registration charges in Vijayawada is currently Rs 2.5 lakhs which include stamp duty, sales tax and service charges. If the government increase the land prices, then the registration charges may go up to Rs 3.5 lakh.
Dhiraj


7
H..i will tell you the situation in Vijayawada..The Krishna district is affected by Telangana issue which resulted in low market demand. Thus to summit in one line, this district does not possess any market and increase in land prices will completely collapse the real estate sector of the district.
Varun


8
Yes Shiva..Andhra Pradesh government is planning to increase the market value of land and development charges. This may result in increased prices of house sites and apartments in all cities of the state including surrounding areas. I am not in favour of this.. middle class people like us would be highly affected by increase in land price.
Rituraj


9

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