Market Value of PADMANAGAR COLONY-2, DEVANNAPETA, HANUMAKONDA

IGRS Market Value in PADMANAGAR COLONY-2, Devannapeta (Hasanparthy), Hanumakonda – 2026

As per Telangana IGRS guidance values (2026), the PADMANAGAR COLONY-2 market value in DEVANNAPETA village, HASANPARTHY mandal, HANUMAKONDA district is set at Rs 1,700 per sq.yard for land under Classification: 01 (Residential). For apartments, the notified rate is uniform at Rs 1,500 per sq.ft for Ground floor, First floor, and Other floors. These IGRS rates are the benchmark used to calculate registration charges and act as a reference point in negotiations for buyers and sellers.

Is PADMANAGAR COLONY-2 premium or affordable within Devannapeta?

Within Devannapeta, the PADMANAGAR COLONY-2 market value of Rs 1,700/sq.yd positions it as an affordable-to-mid residential pocket rather than a high-premium micro-market. It is typically considered practical for end-use buyers looking for predictable registration outgo.

Registration cost estimate (example)

For a 100 sq.yard plot: value = 100 × 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 PADMANAGAR COLONY-2

• Verify the document shows Residential (01) use and matches survey/plot details.
• Compare quoted price vs PADMANAGAR COLONY-2 market value to avoid overpaying and to plan charges.
• For flats, use Rs 1,500/sq.ft as the baseline for registration planning across all floors.