Revenue Minister Ponguleti Srinivas Reddy at a review meeting with officials in the Secretariat on Saturday.
Revenue Minister Ponguleti Srinivas Reddy directed the officials to revise land prices in line with actual market trends but without burdening the middle class.
He also called for a scientific and evidence-based approach in identifying areas where adjustments are necessary and urged that the process be handled in a transparent manner to avoid criticism.
He held a high-level meeting at the Secretariat with officials including V. Seshadri, Principal Secretary to the Chief Minister; D.S. Lokesh Kumar, Revenue Secretary; Rajiv Gandhi Hanumanthu, Special Secretary, Stamps & Registration; and Vemula Srinivas, OSD to the Chief Minister
On gender equity, the Minister said that the government is seriously considering stamp duty reduction for women. Regarding property registrations, he added that differential stamp duties for old and new apartments should be reviewed.
The government also wants to introduce a new stamp policy through the Telangana Amendment Bill-2025 for a more transparent and citizen-friendly property registration system to modernise the State’s approach to land transactions.
The proposed bill, amending provisions under the Indian Stamp Act, 1899, is currently under preparation, and will be introduced in the upcoming legislative session.
The previous amendment bill, passed in 2021 to revise four sections and 26 articles under the Stamp Act, had been returned by the Government of India in January 2023 due to objections. The 2021 bill will be withdrawn, and a revised version will be drafted to reflect current realities.
Published – July 05, 2025 08:22 PM is
