Market Value of MATLAWADA-2, DEVANNAPETA, HANUMAKONDA

IGRS Market Value of MATLAWADA-2, Devannapeta (Hasanparthy), Hanumakonda – 2026 Rates

As of 2026, the MATLAWADA-2 market value listed on Telangana IGRS (Stamps & Registration) for 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). This IGRS rate is the benchmark used to calculate minimum registration value, helping buyers plan budgets and sellers set realistic expectations.

Is MATLAWADA-2 a Premium or Affordable Locality within Devannapeta?

Within Devannapeta, the MATLAWADA-2 market value of Rs 1,700/sq.yard indicates an affordable-to-mid segment residential pocket rather than a high-premium micro-market. The uniform apartment rate of Rs 1,500/sq.ft across floors also suggests stable, standard residential pricing without a significant “floor rise” premium.

Registration Cost Estimate (Example)

For a 100 sq.yard plot at Rs 1,700/sq.yard, total value = Rs 170,000.

• Stamp duty (5.5%) = Rs 9,350
• Registration fee (0.5%) = Rs 850
• Transfer duty (1.5% in municipal areas) = Rs 2,550

Buyer Advice for MATLAWADA-2

• Use the MATLAWADA-2 market value as the minimum for registration planning; negotiate sale price separately based on road access, plot shape, and approvals.
• For apartments, verify built-up area, parking rights, and occupancy certificate since all floors carry the same IGRS rate.
• Budget for duties/fees upfront and confirm whether municipal transfer duty applies to your exact jurisdiction.