Market Value of NIL, NARAYANPUR, JOGULAMBA GADWAL

IGRS Market Value of NIL in Narayanpur, Manopad (Jogulamba Gadwal) – 2026

As per Telangana IGRS guidance values (2026), the NIL market value in Narayanpur village, Manopad mandal, Jogulamba Gadwal district under classification 01 (Residential) is set at Rs 600 per sq.yard for land. For apartments, the guided rate is uniform at Rs 1,300 per sq.ft for ground floor, first floor, and other floors. These values are used by the Sub-Registrar to calculate minimum consideration for stamp duty and registration, helping buyers and sellers avoid undervaluation issues during registration.

Is NIL a premium or affordable pocket within Narayanpur?

With residential land guided at Rs 600/sq.yd and apartments at Rs 1,300/sq.ft, the NIL market value indicates an affordable-to-mid segment within Narayanpur rather than a premium micro-market. The uniform apartment rate across floors also suggests stable, guidance-driven pricing rather than high differentiation typical of premium zones.

Registration cost estimate (example)

For a 100 sq.yard residential plot in NIL:

• Guidance value: 100 x Rs 600 = Rs 60,000
• Stamp duty (5.5%): Rs 3,300
• Registration fee (0.5%): Rs 300
• Transfer duty (1.5% municipal areas): Rs 900

Buyer advice for NIL (2026)

• Use the NIL market value as the baseline, but compare with actual sale prices before finalizing.
• Verify classification 01 (Residential), plot dimensions, and approach road width in documents.
• Budget for duties/fees upfront and keep a buffer for documentation, EC, and survey-related costs.