Sthupam Bazar Area, Madhira Main Road Area, V-1 Market Value — Somavaram, Wyra Mandal, Khammam

IGRS Market Value in STHUPAM BAZAR AREA, MADHIRA MAIN ROAD AREA, V-1 (Somavaram, Wyra, Khammam) – 2026

As per Telangana IGRS (Registration & Stamps) guidance values in 2026, the STHUPAM BAZAR AREA, MADHIRA MAIN ROAD AREA, V-1 market value in Somavaram village, Wyra mandal, Khammam district is set at Rs 3,100 per sq.yard for land under classification 01 (Residential). For apartments, the IGRS apartment rate is uniform: Ground floor Rs 1,500/sq.ft, First floor Rs 1,500/sq.ft, and Other floors Rs 1,500/sq.ft. These values are the baseline used to compute registration charges and are crucial for buyers and sellers to benchmark negotiations and avoid undervaluation issues during registration.

Is it premium or affordable within Somavaram?

Within Somavaram, this corridor along Madhira Main Road is typically treated as a strong “market-road” residential pocket. With a defined IGRS benchmark and 91 door number-wise records available for granular valuation, the STHUPAM BAZAR AREA, MADHIRA MAIN ROAD AREA, V-1 market value is best viewed as mid-to-premium for the village—priced for connectivity and active frontage rather than interior-lane affordability.

Registration cost example (municipal rates)

• Plot size: 100 sq.yards
• IGRS value: 100 × Rs 3,100 = Rs 310,000
• Stamp duty (5.5%): Rs 17,050
• Registration fee (0.5%): Rs 1,550
• Transfer duty (1.5% municipal): Rs 4,650

Buyer advice for 2026

• Match the exact door number in the 91-record set to confirm the applicable STHUPAM BAZAR AREA, MADHIRA MAIN ROAD AREA, V-1 market value.
• Verify land use is 01 (Residential) and check approach road width and boundaries before paying an advance.
• Use the IGRS rate as the minimum baseline; negotiate based on plot depth, corner advantage, and clear title.