Residential Area-1 Market Value — Neelakurthy, Maripeda Mandal, Mahabubabad
The IGRS Telangana market value of Residential Area-1 in Neelakurthy, Maripeda 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 |
| 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 — NEELAKURTHY, MAHABUBABAD
IGRS Market Value in RESIDENTIAL AREA-1, Neelakurthy (Maripeda, Mahabubabad) – 2026
As per Telangana IGRS guidelines (2026), the RESIDENTIAL AREA-1 market value in Neelakurthy village, Maripeda mandal, Mahabubabad district is classified as 01 (Residential). The notified rates are Rs 600 per sq.yard for land and Rs 1,300 per sq.ft for apartments across ground floor, first floor, and other floors. This IGRS market value is the government’s benchmark used for calculating registration charges and minimum value for documentation—crucial for both buyers and sellers during sale deeds, gift deeds, and other transfers.
Is RESIDENTIAL AREA-1 premium or affordable within Neelakurthy?
Within Neelakurthy, a land guideline value of Rs 600/sq.yd positions RESIDENTIAL AREA-1 as an affordable-to-mid segment residential pocket rather than a premium zone. The uniform apartment rate of Rs 1,300/sq.ft across floors also indicates stable, budget-friendly pricing without floor-based premiums.
Registration cost estimate (example)
For a 100 sq.yard plot at Rs 600/sq.yd, total value = 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
Buyer advice for RESIDENTIAL AREA-1
- Use the RESIDENTIAL AREA-1 market value to budget taxes/fees, but negotiate based on road access, plot shape, and utilities.
- Match the document value to IGRS to avoid delays in registration.
- For flats, verify built-up area calculations since the rate is Rs 1,300/sq.ft on all floors.
