Venkat Rao Pet Comm-2 Market Value — Alwal (M), Alwal Mandal, Medchal-Malkajgiri

IGRS Market Value of VENKAT RAO PET COMM-2, Alwal (M) (2026)

As of 2026, the VENKAT RAO PET COMM-2 market value in ALWAL (M) village, Alwal mandal, Medchal–Malkajgiri district (Telangana) is recorded under IGRS classification 02 (Commercial). The notified rates are Rs 10,200 per sq.yard for land and Rs 5,600 per sq.ft for apartments (Ground: Rs 5,600/sq.ft, First: Rs 5,600/sq.ft, Other floors: Rs 5,600/sq.ft).

What this IGRS market value means for buyers and sellers

IGRS market value is the government-notified benchmark used to calculate registration charges and to assess whether a transaction is undervalued. For sellers, the VENKAT RAO PET COMM-2 market value sets a realistic floor for documentation. For buyers, it helps estimate statutory costs and reduces surprises at registration.

How it compares within Alwal (M)

Within Alwal (M), a commercial classification at Rs 10,200/sq.yd typically signals a mid-to-upper band micro-market—often perceived as premium for documentation rather than “budget,” especially where commercial frontage and demand support higher guidance values.

Registration cost estimate (municipal area)

• Example plot: 100 sq.yard × Rs 10,200 = Rs 1,020,000
• Stamp duty (5.5%): Rs 56,100
• Registration fee (0.5%): Rs 5,100
• Transfer duty (1.5%): Rs 15,300
• Total of these charges: Rs 76,500 (excluding other applicable fees)

Advice for buyers in VENKAT RAO PET COMM-2

• Match your negotiated price with the VENKAT RAO PET COMM-2 market value to avoid under-valuation issues during registration.
• For commercial units, verify sanctioned land use, building permissions, and parking/fire norms before paying token advances.
• Use the flat apartment guidance of Rs 5,600/sq.ft across floors to benchmark resale quotes and rental yield calculations.