Vinayaka Nagar-2 Market Value — Madikonda, Khazipet Mandal, Hanumakonda
The IGRS Telangana market value of Vinayaka 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 Vinayaka 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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VINAYAKA NAGAR-2 Market Value — MADIKONDA, HANUMAKONDA
IGRS Market Value in VINAYAKA NAGAR-2, Madikonda (2026)
As of 2026, the VINAYAKA NAGAR-2 market value shown on Telangana IGRS for 01 (Residential) classification in Madikonda village, Khazipet mandal, Hanumakonda district is Rs 2,100 per sq.yard for land. For apartments, the IGRS apartment rate is uniform at Rs 1,500 per sq.ft for Ground floor, First floor, and Other floors. This IGRS market value is the government-notified benchmark used to calculate stamp duty and registration charges, and it also influences negotiation ranges for buyers and sellers.
What this means for buyers and sellers
For sellers, the VINAYAKA NAGAR-2 market value helps justify pricing and supports smoother documentation. For buyers, it sets the minimum value on which registration fees are computed, even if the deal price differs.
How VINAYAKA NAGAR-2 compares within Madikonda
At Rs 2,100/sq.yd, VINAYAKA NAGAR-2 positions as an affordable-to-mid segment residential pocket within Madikonda—typically preferred by end-users seeking budget control while staying within the Warangal–Hanumakonda growth belt.
Registration cost estimate (example)
For a 100 sq.yard plot: value = 100 × 2,100 = Rs 210,000.
- Stamp duty (5.5%): Rs 11,550
- Registration fee (0.5%): Rs 1,050
- Transfer duty (1.5% municipal areas): Rs 3,150
Buyer advice for VINAYAKA NAGAR-2
- Verify the property falls under Residential (01) and matches the VINAYAKA NAGAR-2 market value in IGRS.
- For flats, cross-check built-up area with the Rs 1,500/sq.ft IGRS rate across floors.
- Budget for duties and documentation early to avoid last-minute funding gaps.
