Market Value of WARD VI, GARIMILLAPALLE, HANUMAKONDA

IGRS Market Value of WARD VI, Garimillapalle (Inavolu), Hanumakonda – 2026

As per Telangana IGRS guidance values (2026), the WARD VI market value in GARIMILLAPALLE village, INAVOLU mandal, HANUMAKONDA district is classified as 01 (Residential). The notified land rate is Rs 700 per sq.yard. For apartments, the guidance rate is uniform at Rs 1,500 per sq.ft for ground floor, first floor, and other floors.

What the WARD VI market value means for buyers and sellers

The IGRS guidance value is the government’s benchmark used to calculate registration charges and minimum valuation for property registration. For buyers, the WARD VI market value helps estimate statutory costs upfront; for sellers, it influences the minimum registrable value even if the negotiated price differs.

Is WARD VI premium or affordable within Garimillapalle?

Within GARIMILLAPALLE, a residential land guidance value of Rs 700/sq.yd generally positions WARD VI as an affordable-to-mid segment locality rather than a premium pocket—especially with apartments at a steady Rs 1,500/sq.ft across floors, indicating stable, price-sensitive demand.

Registration cost estimate (example)

Example for a 100 sq.yard plot: value = 100 × 700 = Rs 70,000. Stamp duty @4% = Rs 2,800; registration fee @0.5% = Rs 350. In municipal areas, add transfer duty @1.5% = Rs 1,050. Total statutory charges (example) = Rs 4,200.

Advice for property buyers in WARD VI

• Verify classification: Ensure the site is recorded as 01 (Residential) before paying advances.
• Match area units: Land is per sq.yard; flats are per sq.ft—cross-check built-up vs saleable area.
• Budget beyond guidance: Keep margin for market premium, documentation, and municipal transfer duty where applicable.
• Use IGRS for negotiation: The WARD VI market value is a solid baseline when comparing nearby listings in Garimillapalle.