Market Value of LAXMINAGAR COLONY MAIN ROAD-1, GOPALPUR, HANUMAKONDA

IGRS Market Value of LAXMINAGAR COLONY MAIN ROAD-1, Gopalpur (Hanamkonda) in 2026

As per Telangana IGRS guidance values (2026), the LAXMINAGAR COLONY MAIN ROAD-1 market value in Gopalpur village, Hanamkonda mandal, Hanumakonda district is set at Rs 9,500 per sq.yard for land. For apartments, the guidance rate is uniform at Rs 2,000 per sq.ft for ground floor, first floor, and other floors. The locality is classified as 02 (Commercial), which typically supports higher valuation due to business visibility and road-facing demand.

What this means for buyers and sellers

The LAXMINAGAR COLONY MAIN ROAD-1 market value is the official benchmark used to calculate registration charges and to assess minimum value for property registration. Sellers can use it as a pricing baseline, while buyers should compare it with actual market quotes to judge negotiation scope.

Is it premium within Gopalpur?

With a commercial classification and a main-road tag, this rate generally indicates a premium positioning within Gopalpur compared to purely residential internal lanes, while still being relatively accessible versus core city commercial corridors of Hanamkonda.

Registration cost estimate (example)

For a 100 sq.yard plot: value = 100 × 9,500 = Rs 9,50,000.

• Stamp duty (4%): Rs 38,000
• Registration fee (0.5%): Rs 4,750
• Transfer duty (1.5%, municipal areas): Rs 14,250

Buyer advice for 2026

• Prioritize clear title, EC checks, and road-width verification for commercial usability.
• Match quoted price against the LAXMINAGAR COLONY MAIN ROAD-1 market value and recent nearby transactions.
• Factor in commercial compliance needs (parking, setbacks, and trade permissions) before finalizing.