Agri Land Fit for House Site-1 Market Value — Nerellapalle, Balangar Mandal, Mahabubnagar
The IGRS Telangana market value of Agri Land Fit for House Site-1 in Nerellapalle, Balangar mandal, Mahabubnagar 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.
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 Agri Land Fit for House Site-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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AGRI LAND FIT FOR HOUSE SITE-1 Market Value — NERELLAPALLE, MAHABUBNAGAR
IGRS Market Value in NERELLAPALLE: AGRI LAND FIT FOR HOUSE SITE-1 (Balangar, Mahabubnagar) – 2026
As of 2026, the AGRI LAND FIT FOR HOUSE SITE-1 market value in NERELLAPALLE village, Balangar mandal, Mahabubnagar district (Telangana) is set in IGRS under classification 01 (Residential). The notified land rate is Rs 900 per sq.yard. For buyers, this IGRS value is the benchmark used by the registration department to calculate duties and validate consideration. For sellers, it signals the minimum guideline value that influences negotiations and reduces undervaluation risk during registration.
How Affordable Is It Within Nerellapalle?
Within NERELLAPALLE, a guideline of Rs 900/sq.yd for plotted residential land is generally positioned as affordable rather than premium, especially when compared with higher-demand village pockets where registered values often move above the base guideline. The consistent apartment guideline of Rs 1,300/sq.ft (ground, first, and other floors) also indicates a steady, budget-friendly residential market.
Registration Cost Estimate (Example)
- Plot size: 100 sq.yards
- IGRS value: 100 × Rs 900 = Rs 90,000
- Stamp duty (5.5%): Rs 4,950
- Registration (0.5%): Rs 450
- Transfer duty (1.5% in municipal areas): Rs 1,350
- Total of these charges: Rs 6,750
Buyer Advice for AGRI LAND FIT FOR HOUSE SITE-1
- Use the AGRI LAND FIT FOR HOUSE SITE-1 market value as a baseline, but verify recent sale deeds nearby for the practical deal rate.
- Confirm title, survey boundaries, and approach road before paying an advance.
- Match the document purpose to 01 (Residential) to avoid duty or registration objections.
- If considering construction, compare plotted land at Rs 900/sq.yd with apartments at Rs 1,300/sq.ft to judge value and long-term usability.
Overall, the AGRI LAND FIT FOR HOUSE SITE-1 market value in NERELLAPALLE supports cost-effective entry for end-users while keeping registration calculations transparent and predictable.