Penchikalpet-8-8 Market Value — Penchakalpeta, Elkathurthi Mandal, Hanumakonda
The IGRS Telangana market value of Penchikalpet-8-8 in Penchakalpeta, Elkathurthi mandal, Hanumakonda District is Rs 700 per sq.yard for land. Apartment rates: Ground floor Rs 1,500/sq.ft, First floor Rs 1,500/sq.ft, Other floors Rs 1,500/sq.ft.
Source: IGRS Telangana market value data (Registration & Stamps Department, registration.telangana.gov.in), rates effective 1 Feb 2022. Last updated on TG Verified: .
Methodology: Every rate for Penchikalpet-8-8 is copied as-is from the IGRS unit rate (market value) register — land in Rs per sq.yard, apartments in Rs per sq.ft by floor, agricultural land in Rs per acre. We do not estimate, average or adjust values; counts and ranges on this page are computed directly from those records. Confirm the applicable rate with the Sub Registrar Office before registration.
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PENCHIKALPET-8-8 Market Value — PENCHAKALPETA, HANUMAKONDA
IGRS Market Value in PENCHIKALPET-8-8, Penchakalpeta (Elkathurthi, Hanumakonda) – 2026
The PENCHIKALPET-8-8 market value on Telangana IGRS (as of 2026) is set under Classification 01 (Residential). The notified benchmark rates are: land at Rs 700 per sq.yard and apartments at Rs 1,500 per sq.ft for ground floor, first floor, and other floors. This IGRS market value is the government’s reference for calculating registration charges and guiding minimum value for documentation—important for both buyers (to estimate costs) and sellers (to price realistically and avoid undervaluation issues).
Is PENCHIKALPET-8-8 Premium or Affordable Within Penchakalpeta?
Within PENCHAKALPETA village, a land rate of Rs 700/sq.yd positions PENCHIKALPET-8-8 as a more affordable residential pocket rather than a premium one. The uniform apartment rate of Rs 1,500/sq.ft across floors also indicates stable, budget-oriented pricing in the local IGRS schedule.
Registration Cost Estimate (Example)
For a 100 sq.yard plot at Rs 700/sq.yd, total market value = Rs 70,000.
- Stamp duty (5.5%): Rs 3,850
- Registration fee (0.5%): Rs 350
- Transfer duty (1.5% in municipal areas): Rs 1,050
Buyer Advice for PENCHIKALPET-8-8
- Use the PENCHIKALPET-8-8 market value to budget registration outgo before negotiating price.
- Match property type to the correct unit rate: Rs 700/sq.yd (plots) vs Rs 1,500/sq.ft (apartments).
- Verify survey details, boundaries, and residential classification (01) in documents to ensure smooth registration.