Reddy Avenue/Srinivasa Colony/NTR Nagar/Lakev Market Value
Reddy Avenue/Srinivasa Colony/NTR Nagar/Lakev Market Value — Nizampet, Bachupally Mandal, Medchal-Malkajgiri
The IGRS Telangana market value of Reddy Avenue/Srinivasa Colony/NTR Nagar/Lakev in Nizampet, Bachupally mandal, Medchal-Malkajgiri District is Rs 21,000 per sq.yard for land. Apartment rates: Ground floor Rs 2,200/sq.ft, First floor Rs 2,200/sq.ft, Other floors Rs 2,200/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 Reddy Avenue/Srinivasa Colony/NTR Nagar/Lakev 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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REDDY AVENUE/SRINIVASA COLONY/NTR NAGAR/LAKEV Market Value — NIZAMPET, MEDCHAL-MALKAJGIRI
IGRS Market Value in REDDY AVENUE/SRINIVASA COLONY/NTR NAGAR/LAKEV, Nizampet (2026)
As per Telangana IGRS guidance values (2026), the REDDY AVENUE/SRINIVASA COLONY/NTR NAGAR/LAKEV market value in NIZAMPET village, BACHUPALLY mandal, MEDCHAL-MALKAJGIRI district is classified as 01 (Residential). The notified guidance rates are Rs 21,000 per sq.yard for land and Rs 2,200 per sq.ft for apartments (Ground floor: Rs 2,200/sq.ft, First floor: Rs 2,200/sq.ft, Other floors: Rs 2,200/sq.ft).
What this IGRS market value means for buyers and sellers
The REDDY AVENUE/SRINIVASA COLONY/NTR NAGAR/LAKEV market value is the government guidance value used to calculate registration charges and set the minimum value for property registration. If your agreed sale price is lower than the guidance value, registration is typically calculated on the higher (guidance) amount.
Is it premium or affordable within Nizampet?
Within NIZAMPET and the Bachupally belt, a land guidance value of Rs 21,000/sq.yd generally places this pocket in a mid-to-upper bracket—not the cheapest interior layouts, yet not the highest-priced micro-markets closer to major commercial spines. For many end-users, it reads as strong but still attainable pricing.
Registration cost estimate (municipal area example)
For a 100 sq.yard plot: value = 100 × 21,000 = Rs 21,00,000.
- Stamp duty (5.5%): Rs 1,15,500
- Registration fee (0.5%): Rs 10,500
- Transfer duty (1.5%): Rs 31,500
- Total (approx.): Rs 1,57,500
Buyer advice for this locality
- Cross-check the latest IGRS entry for REDDY AVENUE/SRINIVASA COLONY/NTR NAGAR/LAKEV market value before finalizing consideration.
- For apartments, use Rs 2,200/sq.ft guidance as your registration baseline across floors.
- Verify approvals, layout status, and encumbrance; guidance value supports registration, not legal title quality.
