Sthupam Bazar Area, Madhira Main Road Area, V-2 Market Value — Somavaram, Wyra Mandal, Khammam

IGRS Market Value in STHUPAM BAZAR AREA, MADHIRA MAIN ROAD AREA, V-2 (Somavaram, Wyra, Khammam) – 2026

As per Telangana IGRS benchmarks (2026), the STHUPAM BAZAR AREA, MADHIRA MAIN ROAD AREA, V-2 market value in Somavaram village, Wyra mandal, Khammam district is set at Rs 7,800 per sq.yard for land. For apartments, the notified rate is uniform at Rs 1,800 per sq.ft for ground floor, first floor, and other floors. The locality is classified as 02 (Commercial), which typically supports higher guidance values due to business activity and road-facing demand.

What this IGRS value means for buyers and sellers

The STHUPAM BAZAR AREA, MADHIRA MAIN ROAD AREA, V-2 market value is the government’s minimum valuation used for registration, stamp duty, and fee calculations. Sellers can use it as a baseline for pricing, while buyers should compare it with prevailing market quotes before final negotiation.

How it compares within Somavaram

Within Somavaram, a commercial classification on the main road generally indicates a premium micro-market versus interior residential lanes, making this location more suitable for shops, mixed-use buildings, and rental-led investments.

Registration cost estimate (example)

• Plot size: 100 sq.yards
• Guidance value: 100 × Rs 7,800 = Rs 7,80,000
• Stamp duty (5.5%): Rs 42,900
• Registration fee (0.5%): Rs 3,900
• Transfer duty (1.5% municipal areas): Rs 11,700

Buyer advice for V-2

• Use the 91 door number wise records to verify the exact slab for your property and avoid mismatched valuations.
• Confirm commercial permissibility, road width, and setback rules before purchase.
• For apartments, validate carpet/built-up area calculations since the rate is per sq.ft at Rs 1,800.

For accurate budgeting, always align your deal value with the latest STHUPAM BAZAR AREA, MADHIRA MAIN ROAD AREA, V-2 market value and applicable municipal charges.