Market Value of KRISHNA COLONY-1, DEVANNAPETA, HANUMAKONDA

IGRS Market Value of KRISHNA COLONY-1, Devannapeta (Hasanparthy), Hanumakonda – 2026

As per Telangana IGRS guidance values (2026), the KRISHNA COLONY-1 market value in DEVANNAPETA village, HASANPARTHY mandal, HANUMAKONDA district is classified as 01 (Residential). The notified guidance rates are Rs 1,700 per sq.yard for land and Rs 1,500 per sq.ft for apartments (Ground floor: Rs 1,500/sq.ft; First floor: Rs 1,500/sq.ft; Other floors: Rs 1,500/sq.ft).

What the IGRS rate means for buyers and sellers

The KRISHNA COLONY-1 market value is the benchmark used by the Sub-Registrar to calculate minimum registration value and duties. If your deal price is below this rate, duties are typically assessed on the guidance value, affecting total registration cost and loan documentation.

Is KRISHNA COLONY-1 premium or affordable within Devannapeta?

Within Devannapeta’s residential pockets, a land guidance value of Rs 1,700/sq.yd positions KRISHNA COLONY-1 as a generally affordable-to-mid segment locality rather than a high-premium micro-market, especially since apartment guidance is uniform across floors at Rs 1,500/sq.ft.

Registration cost estimate (example)

• Plot size: 100 sq.yards
• Guidance value: 100 × Rs 1,700 = Rs 1,70,000
• Stamp duty (4%): Rs 6,800
• Registration fee (0.5%): Rs 850
• Transfer duty (1.5% municipal areas): Rs 2,550

Buyer advice for KRISHNA COLONY-1

• Verify the schedule property boundaries and ensure the sale deed reflects 01 (Residential) use.
• Budget duties using the KRISHNA COLONY-1 market value even if negotiating below it.
• For flats, compare builder quoted price vs Rs 1,500/sq.ft guidance and check approvals, parking rights, and UDS before registering.