Vinayak Nagar-2 Market Value — Madikonda, Khazipet Mandal, Hanumakonda
The IGRS Telangana market value of Vinayak Nagar-2 in Madikonda, Khazipet mandal, Hanumakonda District is Rs 2,100 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.
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 Vinayak Nagar-2 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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VINAYAK NAGAR-2 Market Value — MADIKONDA, HANUMAKONDA
IGRS Market Value in VINAYAK NAGAR-2, Madikonda (2026)
As per Telangana IGRS guidance values (2026), the VINAYAK NAGAR-2 market value in Madikonda village, Khazipet mandal, Hanumakonda district is classified as 01 (Residential). The notified land rate is Rs 2,100 per sq.yard. For apartments, the guidance rate is uniform at Rs 1,500 per sq.ft for the ground floor, first floor, and other floors.
What the IGRS market value means for buyers and sellers
The VINAYAK NAGAR-2 market value is the government’s benchmark used to calculate registration charges and to check undervaluation during sale registration. If your agreement value is below the IGRS value, fees are typically calculated on the higher IGRS figure—so it directly impacts transaction cost and documentation.
Is VINAYAK NAGAR-2 premium or affordable within Madikonda?
Within Madikonda, a guidance value of Rs 2,100/sq.yd generally positions VINAYAK NAGAR-2 as an affordable-to-mid segment residential locality rather than a premium pocket. The flat apartment rate of Rs 1,500/sq.ft also indicates steady, budget-oriented IGRS pricing across floors.
Registration cost estimate (municipal area example)
For a 100 sq.yard plot: value = 100 × 2,100 = Rs 2,10,000. Charges:
- Stamp duty (5.5%): Rs 11,550
- Registration fee (0.5%): Rs 1,050
- Transfer duty (1.5%): Rs 3,150
Buyer advice for VINAYAK NAGAR-2
- Use the VINAYAK NAGAR-2 market value to budget total registration outgo before negotiating.
- Match plot dimensions, road width, and locality boundaries with the exact IGRS entry for accurate valuation.
- For flats, verify built-up area calculations since the IGRS rate is per sq.ft across all floors.
