Thiruvananthapuram: The Kerala Budget 2025 has proposed a 50% increase in land tax, impacting property owners across the state. The hike is part of the government’s strategy to boost revenue and fund developmental projects.
In a major push for regional development, Kollam and Kannur have emerged as big beneficiaries, with significant allocations for infrastructure, transport, and industrial projects. Kollam will see investments in port expansion and tourism initiatives, while Kannur has been allocated funds for urban development and airport connectivity improvements.
The budget also prioritizes metro rail expansion, industrial hubs, and welfare schemes, despite the state facing financial constraints. However, the land tax hike has sparked mixed reactions, with concerns over its impact on property owners and businesses.
