Residential Area-1 Market Value — Velikatte, Thorrur Mandal, Mahabubabad
The IGRS Telangana market value of Residential Area-1 in Velikatte, Thorrur mandal, Mahabubabad District is Rs 900 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) | 900 | 1,300 | 1,300 | 1,300 |
| 01(Residential) | 900 | 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 — VELIKATTE, MAHABUBABAD
IGRS Market Value for RESIDENTIAL AREA-1, Velikatte (Thorrur, Mahabubabad) in 2026
As per Telangana IGRS guidance values (2026), the RESIDENTIAL AREA-1 market value in VELIKATTE village, THORRUR mandal, MAHABUBABAD district is classified as 01 (Residential). The notified land rate is Rs 900 per sq.yard. For apartments, the guidance value is uniform across floors: Ground floor Rs 1,300/sq.ft, First floor Rs 1,300/sq.ft, and Other floors Rs 1,300/sq.ft.
What this market value means for buyers and sellers
The RESIDENTIAL AREA-1 market value is the benchmark used by the Sub-Registrar to assess minimum property value for registration. If a deal is quoted below this rate, duties are typically calculated on the IGRS value, impacting the total registration outgo and documentation.
Is RESIDENTIAL AREA-1 premium or affordable within Velikatte?
Within Velikatte, a guidance land rate of Rs 900/sq.yd and apartment rate of Rs 1,300/sq.ft positions RESIDENTIAL AREA-1 as an affordable residential pocket rather than a high-premium micro-market, especially for end-users focused on entry pricing.
Registration cost estimate (example)
- Plot size: 100 sq.yard
- Guidance value: 100 × 900 = Rs 90,000
- Stamp duty (5.5%): Rs 4,950
- Registration fee (0.5%): Rs 450
- Transfer duty (1.5% in municipal areas): Rs 1,350
Buyer advice for RESIDENTIAL AREA-1
- Use the RESIDENTIAL AREA-1 market value to budget duties before negotiating the final price.
- For flats, verify built-up area calculations since the rate is Rs 1,300/sq.ft across all floors.
- Check title, encumbrance, layout approvals, and road access—these factors drive real resale value beyond IGRS rates.
