Market Value of BLOCK-1, DEVIKONDA, JAGTIAL

IGRS Market Value of BLOCK-1, Devikonda (Pegadapalle, Jagtial) in 2026

The BLOCK-1 market value in DEVIKONDA village, PEGADAPALLE mandal, JAGTIAL district (Telangana) is the government-notified IGRS (Registration & Stamps) guideline rate used to benchmark property value for registration. As of 2026, BLOCK-1 is classified as 01 (Residential), with land and apartment rates that directly influence stamp duty, registration charges, and the minimum value accepted during document registration.

Current IGRS Rates (2026)

• Land rate: Rs 900 per sq.yard
• Apartments: Ground floor Rs 1,300/sq.ft
• Apartments: First floor Rs 1,300/sq.ft
• Apartments: Other floors Rs 1,300/sq.ft

Is BLOCK-1 Premium or Affordable within Devikonda?

Within DEVIKONDA, the BLOCK-1 market value of Rs 900/sq.yd positions it as an affordable residential pocket rather than a premium micro-market. The uniform apartment rate of Rs 1,300/sq.ft across floors also indicates stable, budget-oriented guideline pricing suitable for end-use buyers.

Registration Cost Estimate (Example)

For a 100 sq.yard plot at Rs 900/sq.yd, the value is Rs 90,000. Estimated charges:

• Stamp duty (4%): Rs 3,600
• Registration (0.5%): Rs 450
• Transfer duty (1.5% in municipal areas): Rs 1,350

Buyer Advice for BLOCK-1

• Use the BLOCK-1 market value to negotiate: if the quoted price is higher, demand clear justification (road access, plot dimensions, approvals).
• Match the document value to IGRS to avoid delays at registration.
• Verify residential classification (01) and check encumbrance, layout permissions, and site boundaries before paying advances.