Residential Area-1 Market Value — Nerada, Kuravi Mandal, Mahabubabad
The IGRS Telangana market value of Residential Area-1 in Nerada, Kuravi mandal, Mahabubabad District is Rs 600 per sq.yard for land. Apartment rates: Ground floor Rs 1,300/sq.ft, First floor Rs 1,300/sq.ft, Other floors Rs 1,300/sq.ft.
All Classifications
| Classification | Land Rate (Rs/sq.yd) | Ground Floor (Rs/sq.ft) | 1st Floor (Rs/sq.ft) | Other Floors (Rs/sq.ft) |
|---|---|---|---|---|
| 01(Residential) | 600 | 1,300 | 1,300 | 1,300 |
| 01(Residential) | 600 | 1,300 | 1,300 | 1,300 |
| 01(Residential) | 600 | 1,300 | 1,300 | 1,300 |
| 01(Residential) | 600 | 1,300 | 1,300 | 1,300 |
| 01(Residential) | 600 | 1,300 | 1,300 | 1,300 |
| 01(Residential) | 600 | 1,300 | 1,300 | 1,300 |
| 01(Residential) | 600 | 1,300 | 1,300 | 1,300 |
| 01(Residential) | 600 | 1,300 | 1,300 | 1,300 |
| 01(Residential) | 600 | 1,300 | 1,300 | 1,300 |
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 Residential Area-1 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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RESIDENTIAL AREA-1 Market Value — NERADA, MAHABUBABAD
IGRS Market Value in RESIDENTIAL AREA-1, Nerada (Kuravi), Mahabubabad – 2026
As per Telangana IGRS (Stamps & Registration) guidance values in 2026, the RESIDENTIAL AREA-1 market value in Nerada village, Kuravi mandal, Mahabubabad district (Classification: 01 (Residential)) is set at Rs 600 per sq.yard for land. For apartments, the guidance rate is uniform at Rs 1,300 per sq.ft for Ground floor, First floor, and Other floors.
What this market value means for buyers and sellers
The RESIDENTIAL AREA-1 market value is the benchmark used by the registration department to calculate duties and fees. If your agreed sale price is lower than the IGRS value, charges are typically computed on the higher IGRS guidance value—impacting both buyer costs and seller pricing strategy.
Is RESIDENTIAL AREA-1 premium or affordable within Nerada?
With land at Rs 600/sq.yd and apartments at Rs 1,300/sq.ft, RESIDENTIAL AREA-1 market value indicates an affordable residential pocket within Nerada, suitable for budget-led plot buyers and end-use housing.
Registration cost estimate (example)
For a 100 sq.yard plot: value = 100 × 600 = Rs 60,000.
- Stamp duty (5.5%): Rs 3,300
- Registration fee (0.5%): Rs 300
- Transfer duty (1.5% in municipal areas): Rs 900
Practical advice for buyers
- Match documents to classification: ensure the property is recorded as Residential (01).
- Budget for duties based on IGRS guidance value, not just the negotiated price.
- Verify floor rate applicability for flats (Rs 1,300/sq.ft across all floors) before agreement.
