Market Value of Peddapur, DEVAPUR, MANCHERIAL

IGRS Market Value in Peddapur, Devapur (Kasipet), Mancherial District – 2026

As per IGRS records (2026), the Peddapur market value in Devapur village, Kasipet mandal, Mancherial district is classified under 01 (Residential). The notified guideline rates are Rs 1,100 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).

What the IGRS market value means for buyers and sellers

The IGRS guideline (market) value is the government-notified benchmark used to calculate registration charges and to prevent undervaluation in sale deeds. For sellers, it sets a realistic floor for registration value; for buyers, it helps estimate statutory costs and compare locality pricing. In short, the Peddapur market value directly impacts your total acquisition cost.

Is Peddapur premium or affordable within Devapur?

Within Devapur, Peddapur’s residential rate of Rs 1,100/sq.yd is typically viewed as affordable-to-mid band, especially since apartment values are uniform across floors at Rs 1,300/sq.ft, indicating stable, non-premium differentiation in the locality.

Registration cost estimate (example)

For a 100 sq.yard plot: value = 100 × 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

Buyer advice for Peddapur

• Use the Peddapur market value to budget registration outgo before negotiating the final price.
• Verify land classification as 01 (Residential) and check layout approvals, road access, and encumbrance history.
• For apartments, confirm built-up area calculations since the rate is Rs 1,300/sq.ft across floors.