Regularisation of lands and buildings in Hyderabad

Q: Hi, I heard that the government is planning to earn more revenue through the regularisation of lands and buildings and sale of lands. Can you give more details about this?

Gireesh Hegde, Hyderabad

12th March 2015

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Replies (8)

It is ironical that the Centre has budgeted for a fiscal deficit of 3.9 per cent of the GDP in 2015-16 but states are being asked to limit it to 3 per cent. A revenue surplus state like Telangana should be allowed to take loans up to 4 per cent of GSDP. This is what I think.

Geeta Naidu, Hyderabad

22nd March 2015

Comment

The Centre has drastically reduced plan grants to states from Rs 3,14,814 crore last year to Rs 1,80,293 crore this year. Consequently, plan grants to Telangana State from the Centre are budgeted at Rs 6,497 crore compared with Rs 11,781 crore last year. For this reason, we could not raise the Telangana plan outlay.

Kashif Mohammed, Hyderabad

21st March 2015

Comment

i think that the plan is like this. They will be regularising the land and building in the city. The estimated tax devolution from the Centre to the state was Rs 12,823 crore in 2015-16 against Rs 21,720 crore last year.

Vineet raj, Hyderabad

19th March 2015

Comment

Last time, when the LRS scheme was introduced, there was no time. It was launched in January and concluded by the end of February. By the time, they can take the scheme to the public, the deadline was over. I think that this time they have enough time for this. They are confident of earning Rs 13,500 crore through regularisation as there are lot of illegal lands and buildings in the city and other municipalities.

Verma, Hyderabad

18th March 2015

Comment

Exactly, I agree with that. But recently, i think that the finance minister Etela Rajender justified the doubling of land earning estimates saying that they have a 12-month period to implement these schemes. I dont think this is going to be helpful for the real estate sector here.

Suraj.V, Hyderabad

15th March 2015

Comment

Yeah..there was news that the Telangana government continues to pin its hopes on earning Rs 13,500 crore through regularisation of lands and buildings and sale of lands, though it could not earn anything from these schemes last year though estimated at Rs 6,500 crore.

Pravallika, Hyderabad

14th March 2015

Comment

I came to know that the telengana government has considerably reduced its Budget estimates on Central grants from Rs 21,720 crore last year to Rs 12,400 crore this year going by its experience last year.

Bharath Konda, Hyderabad

13th March 2015

Comment

Sure,, I think for this financial year, the telengana government had estimated Rs 11,781 crore under plan grants, but the Centre gave only Rs 4,147 crore. Similarly, in case of non-plan grants, it had estimated Rs 9,939 crore, but got only Rs 1,346 crore. That is why this plan.

Sridhar, Hyderabad

12th March 2015

Comment