Lic Colony Mainroad Area-3 Market Value — Gopalpur, Hanamkonda Mandal, Hanumakonda

IGRS Market Value in LIC COLONY MAINROAD AREA-3, Gopalpur (Hanamkonda), Telangana – 2026

As per Telangana IGRS guidance values (2026), the LIC COLONY MAINROAD AREA-3 market value in GOPALPUR village, HANAMKONDA mandal, HANUMAKONDA district is set at Rs 7,800 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 stronger demand and higher transaction scrutiny during registration.

What this IGRS market value means for buyers and sellers

The LIC COLONY MAINROAD AREA-3 market value is the government’s benchmark used to calculate registration charges and to prevent under-reporting of sale prices. Buyers should expect registration costs to be computed on the higher of the agreement value or IGRS value; sellers should price realistically knowing buyers will factor these statutory costs.

Is it premium or affordable within Gopalpur?

With a Commercial (02) classification and a main-road tag, this rate generally positions LIC COLONY MAINROAD AREA-3 as a premium, business-friendly pocket within GOPALPUR rather than a budget interior layout—especially for plots suited to shops, offices, or mixed-use buildings.

Registration cost estimate (example)

For a 100 sq.yard plot: total value = 100 × 7,800 = Rs 780,000. Estimated charges in municipal areas:

• Stamp duty (5.5%): Rs 42,900
• Registration fee (0.5%): Rs 3,900
• Transfer duty (1.5%): Rs 11,700

Buyer advice for LIC COLONY MAINROAD AREA-3

• Match property use with Commercial (02) zoning and verify permissions before paying advances.
• Budget registration costs using the LIC COLONY MAINROAD AREA-3 market value, even if negotiating a lower deal price.
• For apartments, validate carpet/built-up area accuracy since guidance is Rs 2,000/sq.ft across floors.