Market Value of SOMIDI AREA-1, SOMIDI, HANUMAKONDA

IGRS Market Value of SOMIDI AREA-1, SOMIDI (Khazipet), Hanumakonda District (2026)

As per Telangana IGRS guidance values (2026), the SOMIDI AREA-1 market value in SOMIDI village, Khazipet mandal, Hanumakonda district is set at Rs 4,800 per sq.yard for land under Classification 01 (Residential). For apartments, the guidance rate is uniform at Rs 2,300 per sq.ft for ground floor, first floor, and other floors. These values are used to calculate minimum registration value and government charges—important for both buyers and sellers when planning budgets and negotiations.

Is SOMIDI AREA-1 Premium or Affordable within SOMIDI?

Within SOMIDI, the SOMIDI AREA-1 market value is positioned as a practical, mid-market residential guidance rate rather than a high-premium pocket. The availability of 6 door-number-wise records also indicates granular valuation coverage, which typically supports clearer pricing and fewer documentation disputes during registration.

Registration Cost Estimate (Municipal Area Example)

For a 100 sq.yard plot: total value = 100 × Rs 4,800 = Rs 4,80,000.

• Stamp duty (4%): Rs 19,200
• Registration (0.5%): Rs 2,400
• Transfer duty (1.5%): Rs 7,200

Buyer Advice for SOMIDI AREA-1

• Verify the exact door number mapping to the 6-record slab before finalizing price.
• Budget charges on the higher of actual consideration vs SOMIDI AREA-1 market value.
• For flats, use Rs 2,300/sq.ft as the minimum valuation benchmark across floors when estimating registration outgo.