Market Value of Old Modela, MODELA, MANCHERIAL
The IGRS Telangana market value of Old Modela in MODELA, LUXETTIPET, MANCHERIAL is Rs 500 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) | 500 | 1,300 | 1,300 | 1,300 |
| 01(Residential) | 500 | 1,300 | 1,300 | 1,300 |
| 01(Residential) | 500 | 1,300 | 1,300 | 1,300 |
Other Localities in MODELA
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Old Modela Market Value — MODELA, MANCHERIAL
IGRS Market Value in Old Modela, MODELA (Luxettipet, Mancherial) – 2026
As per Telangana IGRS (Registration & Stamps) guidance values in 2026, the Old Modela market value in MODELA village, LUXETTIPET mandal, MANCHERIAL district is classified as 01 (Residential). The notified rates are Rs 500 per sq.yard for land, and apartment rates of Rs 1,300 per sq.ft for ground floor, first floor, and other floors. These IGRS market values are the benchmark used to compute registration charges and often influence negotiations between buyers and sellers.
What this means for buyers and sellers
For sellers, the Old Modela market value sets the minimum reference for registration valuation. For buyers, it helps estimate total acquisition cost and reduces uncertainty during documentation, especially when loan processing relies on guidance values.
Is Old Modela premium or affordable within MODELA?
Within MODELA, Old Modela is positioned as an affordable residential pocket based on its guidance value of Rs 500/sq.yd and uniform apartment rate of Rs 1,300/sq.ft across floors. This typically indicates steady demand without “premium locality” pricing.
Registration cost estimate (example)
- Plot size: 100 sq.yards
- Rate: Rs 500/sq.yd
- Total value: Rs 50,000
- Stamp duty (4%): Rs 2,000
- Registration fee (0.5%): Rs 250
- Transfer duty (1.5% municipal areas): Rs 750
Buyer tips for Old Modela
- Verify the property falls under Residential (01) and matches the correct locality entry for Old Modela market value.
- For flats, confirm built-up area and floor details—rate is Rs 1,300/sq.ft across floors.
- Budget beyond guidance value: include duties, documentation, and site verification before closing.