Narsigapur Market Value — Murimadugu, Jannaram Mandal, Mancherial
The IGRS Telangana market value of Narsigapur in Murimadugu, Jannaram mandal, Mancherial District is Rs 300 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 Narsigapur 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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Narsigapur Market Value — MURIMADUGU, MANCHERIAL
IGRS Market Value of Narsigapur, Murimadugu (Jannaram, Mancherial) in 2026
As per Telangana IGRS guidance values (2026), the Narsigapur market value in MURIMADUGU village, JANNARAM mandal, MANCHERIAL district is set under classification 01 (Residential). The notified rates are Rs 300 per sq.yard for land and Rs 1,300 per sq.ft for apartments (Ground floor: Rs 1,300/sq.ft, First floor: Rs 1,300/sq.ft, Other floors: Rs 1,300/sq.ft). These values are the benchmark used by the Sub-Registrar for minimum property valuation during registration, directly impacting stamp duty and registration charges for buyers and sellers.
What the Narsigapur market value means for buyers and sellers
For buyers, the Narsigapur market value helps estimate statutory costs and reduces uncertainty in budgeting. For sellers, it sets a floor for registration valuation, influencing how the deal is structured if the negotiated price is lower than the guidance value.
How it compares within Murimadugu
Within Murimadugu, a land guidance value of Rs 300/sq.yd positions Narsigapur as an affordable residential pocket rather than a premium locality, especially when compared to higher-demand village cores and highway-facing stretches that typically command higher guidance values.
Registration cost estimate (example)
- Plot size: 100 sq.yards
- Guidance value: Rs 300/sq.yd → Total value: Rs 30,000
- Stamp duty (5.5%): Rs 1,650
- Registration (0.5%): Rs 150
- Transfer duty (1.5% municipal areas): Rs 450
Buyer advice for Narsigapur
- Verify survey number, extent, and 01 (Residential) classification before token advance.
- Use the Narsigapur market value to plan cash flow for duties, documentation, and mutation.
- For apartments, confirm built-up area measurement since all floors are guided at Rs 1,300/sq.ft.
