Market Value of RESIDNTIAL LOCALITY-1, MOHAMADABAD, MAHABUBNAGAR

IGRS Market Value in RESIDNTIAL LOCALITY-1, Mohamadabad (2026)

As per Telangana IGRS guidance values (2026), the RESIDNTIAL LOCALITY-1 market value in Mohamadabad village, Mohammadabad mandal, Mahabubnagar district is classified as 01 (Residential). The official land guidance rate is Rs 1,100 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

IGRS guidance value is the government-notified benchmark used to calculate registration charges and to curb undervaluation during sale deeds. For sellers, it sets a defensible minimum for documentation. For buyers, it indicates the base value on which duties are computed, even if the negotiated price is higher.

Is it premium or affordable within Mohammadabad?

With land at Rs 1,100/sq.yd and apartments at Rs 1,300/sq.ft, the RESIDNTIAL LOCALITY-1 market value positions the locality as affordable-to-mid within Mohammadabad, suitable for end-users prioritizing budget certainty and clear residential classification.

Registration cost estimate (example)

• Plot size: 100 sq.yard
• Guidance value: 100 × Rs 1,100 = Rs 110,000
• Stamp duty (4%): Rs 4,400
• Registration fee (0.5%): Rs 550
• Transfer duty (1.5% in municipal areas): Rs 1,650

Practical advice for buyers

• Use the RESIDNTIAL LOCALITY-1 market value to budget duties, then validate the actual deal rate through recent local transactions.
• Match the document type to usage: residential plots/units should align with Classification 01.
• For apartments, confirm built-up area calculations since all floors carry the same Rs 1,300/sq.ft guidance value.