Nehru Nagar-1 Market Value — Madikonda, Khazipet Mandal, Hanumakonda

The IGRS Telangana market value of Nehru Nagar-1 in Madikonda, Khazipet mandal, Hanumakonda District is Rs 2,700 per sq.yard for land. Apartment rates: Ground floor Rs 1,500/sq.ft, First floor Rs 1,500/sq.ft, Other floors Rs 1,500/sq.ft.

Rs 2,700
Land Rate /sq.yd
Rs 1,500
Ground Floor /sq.ft
Rs 1,500
1st Floor /sq.ft
Rs 1,500
Other Floors /sq.ft

Source: IGRS Telangana market value data (Registration & Stamps Department, registration.telangana.gov.in), rates effective 1 Feb 2022. Last updated on TG Verified: .

Methodology: Every rate for Nehru Nagar-1 is copied as-is from the IGRS unit rate (market value) register — land in Rs per sq.yard, apartments in Rs per sq.ft by floor, agricultural land in Rs per acre. We do not estimate, average or adjust values; counts and ranges on this page are computed directly from those records. Confirm the applicable rate with the Sub Registrar Office before registration.

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NEHRU NAGAR-1 Market Value — MADIKONDA, HANUMAKONDA

IGRS Market Value of NEHRU NAGAR-1, Madikonda (2026)

As per Telangana IGRS guidance values (2026), the NEHRU NAGAR-1 market value in Madikonda village, Khazipet mandal, Hanumakonda district is classified as 01 (Residential). The notified guidance rate is Rs 2,700 per sq.yard for land. For apartments, the guidance value is uniform across floors: Ground floor Rs 1,500/sq.ft, First floor Rs 1,500/sq.ft, and Other floors Rs 1,500/sq.ft. This IGRS market value is the baseline used to calculate registration charges and often influences negotiations between buyers and sellers.

What this means for buyers and sellers

The NEHRU NAGAR-1 market value helps buyers benchmark whether an asking price is reasonable, while sellers use it to justify pricing and plan documentation. Registration is typically assessed on the higher of the sale consideration or IGRS value.

Is NEHRU NAGAR-1 premium or affordable within Madikonda?

Within Madikonda, Rs 2,700/sq.yard positions NEHRU NAGAR-1 as a mid-range, generally affordable residential pocket rather than a top-premium micro-market, especially given the steady apartment guidance of Rs 1,500/sq.ft across floors.

Registration cost estimate (example)

  • Plot size: 100 sq.yards
  • Guidance value: 100 × 2,700 = Rs 270,000
  • Stamp duty (5.5%): Rs 14,850
  • Registration (0.5%): Rs 1,350
  • Transfer duty (1.5%, municipal areas): Rs 4,050

Buyer tips for NEHRU NAGAR-1

  • Compare your deal price against the NEHRU NAGAR-1 market value to avoid undervaluation issues at registration.
  • For flats, verify built-up area and approvals; guidance is Rs 1,500/sq.ft regardless of floor.
  • Budget for duties upfront and keep funds ready for documentation, EC checks, and mutation.