Land Prices in Telangana are set to rise in Near Future: Ponguleti

Hyderabad: Minister for Revenue Ponguleti Srinivasa Reddy has announced that land prices in Telangana State are set to rise in the near future.

During a conversation with reporters on Monday, the Minister noted that a surveyor and a deputy surveyor will be appointed for each mandal to conduct land surveys, and licensed surveyors will be provided with opportunities.

He explained that a total of 6,000 licensed surveyors will be engaged, followed by training sessions that will take place throughout Telangana State.

The Minister also pointed out that the LRS scheme has a deadline of March 31, and individuals who register before that date will receive a 25 percent discount.

He further clarified that when individuals seek permission to construct a house, they will be required to pay the full 100 percent LRS fee.

"The Center has approved 1,13,000 housing units in urban regions under the Pradhan Mantri Awas Yojana. The Union government is contributing merely Rs 1.5 lakh for houses in urban areas, while the remaining costs will be covered by the State government. Moreover, there is still no clarification regarding the situation in rural areas," stated Ponguleti.

He further explained that new applications will be accepted for straightforward title cases.

The Minister accused the previous administration of rejecting 1.3 million old applications. However, he indicated that those whose applications were denied can appeal to the Appellate Authority.

"There are no issues between myself and MLA Anirudh Reddy. I have no conflicts with any MLA. As for the individual named Abhimanyu Reddy that MLA Anirudh mentioned, I am unfamiliar with him," Ponguleti clarified.