Thiruvananthapuram: The Kerala Budget 2025 has introduced a 50% hike in land tax, a move aimed at increasing state revenue to fund key developmental projects. While this decision impacts property owners, the government justifies it as essential for financial sustainability.
Kollam and Kannur have emerged as key focus areas, receiving major allocations for infrastructure, transport, and industrial growth. Kollam is set to benefit from port expansion and tourism initiatives, whereas Kannur will see investments in urban development and improved airport connectivity.
Despite financial challenges, the budget emphasizes metro rail expansion, industrial hubs, and welfare schemes, reaffirming Kerala’s commitment to progress. However, the sharp land tax hike has drawn mixed reactions, with concerns about its impact on property owners and businesses.
