House Site-1 Market Value — Nerellapalle, Balangar Mandal, Mahabubnagar
The IGRS Telangana market value of 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 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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HOUSE SITE-1 Market Value — NERELLAPALLE, MAHABUBNAGAR
IGRS Market Value of HOUSE SITE-1, Nerellapalle (Balangar Mandal), Mahabubnagar — 2026
As per Telangana IGRS guidelines (2026), the HOUSE SITE-1 market value in Nerellapalle village, Balangar mandal, Mahabubnagar district is set under Classification 01 (Residential). The guideline land rate is Rs 900 per sq.yard. For built-up residential units, apartment guideline rates are uniform at Rs 1,300 per sq.ft for ground floor, first floor, and other floors.
What this IGRS rate means for buyers and sellers
The HOUSE SITE-1 market value is the government guideline used to calculate registration charges and to benchmark declared sale consideration. Buyers typically use it to estimate upfront costs, while sellers use it to price realistically and avoid undervaluation issues during registration.
Is HOUSE SITE-1 premium or affordable within Nerellapalle?
Within Nerellapalle, a guideline of Rs 900/sq.yard positions HOUSE SITE-1 as affordable-to-mid rather than premium. It suits end-users and budget-focused investors looking for residential plots with predictable documentation costs.
Registration cost estimate (example)
- Plot size: 100 sq.yards
- Guideline value: 100 × Rs 900 = Rs 90,000
- Stamp duty (5.5%): Rs 4,950
- Registration fee (0.5%): Rs 450
- Transfer duty (1.5% municipal areas): Rs 1,350
Buyer advice for HOUSE SITE-1
- Confirm the exact survey/plot details and match them with IGRS classification 01 (Residential).
- Use the HOUSE SITE-1 market value to budget registration, then compare with actual market quotes before finalizing.
- For apartments, verify built-up area calculations at Rs 1,300/sq.ft across floors to avoid cost surprises.
