Gramakantam Market Value — Somakkapet, Chilipched Mandal, Medak
The IGRS Telangana market value of Gramakantam in Somakkapet, Chilipched mandal, Medak District is Rs 600 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 Gramakantam 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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GRAMAKANTAM Market Value — SOMAKKAPET, MEDAK
IGRS GRAMAKANTAM Market Value in Somakkapet (Chilipched, Medak) – 2026
As per Telangana IGRS guidance values (2026), the GRAMAKANTAM market value in Somakkapet village, Chilipched mandal, Medak district is classified under 01 (Residential). The notified land rate is Rs 600 per sq.yard. For built-up properties, apartment guidance rates are 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 value means for buyers and sellers
The GRAMAKANTAM market value is the government guidance rate used to calculate registration charges and set a minimum benchmark for sale deeds. Buyers should use it to estimate statutory costs; sellers should ensure deal values are aligned to avoid undervaluation issues during registration.
Is Somakkapet GRAMAKANTAM premium or affordable?
Within Somakkapet, a guidance value of Rs 600/sq.yd typically indicates an affordable residential pocket rather than a premium micro-market. The flat apartment rate of Rs 1,300/sq.ft across floors further suggests stable, budget-friendly guidance pricing.
Registration cost estimate (example)
- Plot size: 100 sq.yard
- Guidance value: 100 × Rs 600 = Rs 60,000
- Stamp duty (5.5%): Rs 3,300
- Registration fee (0.5%): Rs 300
- Transfer duty (1.5% in municipal areas): Rs 900
Buyer tips for GRAMAKANTAM
- Verify the land is recorded as GRAMAKANTAM and matches the 01 (Residential) classification.
- Cross-check survey boundaries, access road, and encumbrance before paying advances.
- Use the GRAMAKANTAM market value to budget registration outgo, then negotiate based on site features and demand.
