Telangana’s realtors have expressed concerns over revised market values and registration charges adversely affecting the real estate business.
Triloknath, a religious preacher, reportedly assigned the task of killing realtor Vijay Bhaskar Reddy to his associates.
Telangana State Realtors Association members say the increase in charges will cause a rise in land value, and demanded that it be reduced from 7.5 per cent to 3.5 per cent.
The assailants attacked the deceased with knives and sickles and fled from the scene.
People from the realty sector have welcomed the State government’s imminent move to hike land values and registration fees.
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