Gramakantam Market Value — Erraballe, Velair Mandal, Hanumakonda
The IGRS Telangana market value of Gramakantam in Erraballe, Velair mandal, Hanumakonda District is Rs 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.
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 Gramakantam 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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GRAMAKANTAM Market Value — ERRABALLE, HANUMAKONDA
IGRS GRAMAKANTAM Market Value in Erraballe (Velair), Hanumakonda District – 2026
As per the Telangana IGRS guidance value (market value) for 2026, the GRAMAKANTAM market value in Erraballe village, Velair mandal, Hanumakonda is set under classification 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. These rates are used to calculate minimum registration value and statutory charges, helping buyers and sellers benchmark fair pricing and avoid undervaluation issues during document registration.
Is Erraballe GRAMAKANTAM a Premium or Affordable Locality?
Within Erraballe, a guidance value of Rs 700/sq.yd positions GRAMAKANTAM as an affordable residential pocket rather than a premium micro-market. For budget-focused buyers, this GRAMAKANTAM market value can support lower entry costs, while sellers should justify any premium through frontage, road width, plot shape, and proximity to village amenities.
Registration Cost Estimate (Example)
For a 100 sq.yard plot: value = 100 × 700 = Rs 70,000.
- Stamp duty (5.5%): Rs 3,850
- Registration fee (0.5%): Rs 350
- Transfer duty (1.5% in municipal areas): Rs 1,050
Buyer Advice for GRAMAKANTAM
- Verify land type and boundaries: GRAMAKANTAM parcels should align with Residential (01) use.
- Cross-check IGRS value with on-ground deals; guidance value is a floor, not the final price.
- For flats, use Rs 1,500/sq.ft as the minimum base across floors when estimating registration value.
- Budget for statutory charges in addition to sale consideration; the GRAMAKANTAM market value directly impacts payable duties.
