Market Value of GRAMAKANTAM, CHEEKODE, MEDAK

IGRS GRAMAKANTAM Market Value in Cheekode (Papannapet, Medak) – 2026 Rates

As per Telangana IGRS guidance values (2026), the GRAMAKANTAM market value in Cheekode village, Papannapet mandal, Medak district is classified under 01 (Residential). The official land rate is Rs 700 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. These values directly influence minimum registration value, stamp duty, and how banks view collateral.

What this GRAMAKANTAM market value means for buyers and sellers

For sellers, the IGRS value sets the baseline for registration—declaring below it can increase scrutiny. For buyers, it helps benchmark whether the quoted price is reasonable and impacts total purchase costs.

Is GRAMAKANTAM premium or affordable within Cheekode?

At Rs 700/sq.yd for residential Gramakantam land, this pocket is generally positioned as affordable within Cheekode, especially for end-users seeking village residential plots rather than high-priced corridor markets.

Registration cost estimate (example)

• Plot size: 100 sq.yards
• Guidance value: 100 × 700 = Rs 70,000
• Stamp duty (4%): Rs 2,800
• Registration fee (0.5%): Rs 350
• Transfer duty (1.5% in municipal areas): Rs 1,050

Buyer advice for GRAMAKANTAM

• Match the property’s usage with 01 (Residential) classification before buying.
• Compare quoted prices with the GRAMAKANTAM market value and negotiate based on road access and plot dimensions.
• Verify encumbrance, ownership chain, and ensure the sale deed reflects at least the IGRS value for smooth registration and financing.