Hanmathpally Market Value — Challampet, Luxettipet Mandal, Mancherial
The IGRS Telangana market value of Hanmathpally in Challampet, Luxettipet 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.
All Classifications
| Classification | Land Rate (Rs/sq.yd) | Ground Floor (Rs/sq.ft) | 1st Floor (Rs/sq.ft) | Other Floors (Rs/sq.ft) |
|---|---|---|---|---|
| 01(Residential) | 300 | 1,300 | 1,300 | 1,300 |
| 01(Residential) | 300 | 1,300 | 1,300 | 1,300 |
| 01(Residential) | 300 | 1,300 | 1,300 | 1,300 |
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 Hanmathpally 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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HANMATHPALLY Market Value — CHALLAMPET, MANCHERIAL
IGRS Market Value of HANMATHPALLY, Challampet (Luxettipet), Mancherial District (2026)
As per Telangana IGRS guidance values in 2026, the HANMATHPALLY market value in CHALLAMPET village, LUXETTIPET mandal, Mancherial district is classified under 01 (Residential). The notified land rate is Rs 300 per sq.yard. For apartments, the guidance rate 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 IGRS rate means for buyers and sellers
The HANMATHPALLY market value is the government’s reference value used to calculate registration charges and to flag undervaluation during property registration. Buyers should expect taxes and fees to be computed on the higher of the declared price or IGRS value. Sellers benefit because transparent guidance values reduce disputes during registration.
Is HANMATHPALLY premium or affordable within Challampet?
With land at Rs 300/sq.yd and apartments at Rs 1,300/sq.ft, HANMATHPALLY generally positions as an affordable residential pocket within Challampet—especially for plot buyers—while still offering clear IGRS benchmarks for apartment transactions.
Registration cost estimate (example)
- Plot size: 100 sq.yard
- Value at IGRS: 100 × 300 = Rs 30,000
- Stamp duty (5.5%): Rs 1,650
- Registration (0.5%): Rs 150
- Transfer duty (1.5% in municipal areas): Rs 450
Practical advice for buyers in Hanmathpally
- Match your agreement value with the HANMATHPALLY market value to avoid valuation objections.
- For flats, use Rs 1,300/sq.ft as the baseline across floors when budgeting.
- Verify survey numbers, layout approvals, and encumbrance details before paying advances.
