All Residential Locality-1 Market Value — Fatehnagar, Balanagar Mandal, Medchal-Malkajgiri

IGRS Market Value in ALL RESIDENTIAL LOCALITY-1, Fatehnagar (Balanagar), Medchal-Malkajgiri — 2026

As of 2026, the ALL RESIDENTIAL LOCALITY-1 market value in Fatehnagar village, Balanagar mandal (Medchal-Malkajgiri district), Telangana, is set under IGRS classification 01 (Residential). The notified guidance rates are Rs 20,300 per sq.yard for land and Rs 2,500 per sq.ft for apartments (Ground floor: Rs 2,500/sq.ft; First floor: Rs 2,500/sq.ft; Other floors: Rs 2,500/sq.ft).

What this IGRS market value means for buyers and sellers

The ALL RESIDENTIAL LOCALITY-1 market value is the government guidance value used to calculate registration charges and stamp duty. For sellers, it sets the minimum benchmark for documentation; for buyers, it helps estimate statutory costs and reduces under-valuation risk during registration.

Is it premium or affordable within Fatehnagar?

Within Fatehnagar, these uniform apartment rates across floors and a clear residential classification typically indicate a mid-market, budget-predictable locality rather than a high-premium micro-market. The stable Rs 2,500/sq.ft guidance supports affordability for end-users, while the land rate of Rs 20,300/sq.yd reflects steady residential demand.

Registration cost estimate (example)

For a 100 sq.yard plot: total value = Rs 20,300 × 100 = Rs 2,030,000.

• Stamp duty (5.5%): Rs 1,11,650
• Registration fee (0.5%): Rs 10,150
• Transfer duty (1.5% municipal areas): Rs 30,450

Buyer advice for ALL RESIDENTIAL LOCALITY-1

• Use the ALL RESIDENTIAL LOCALITY-1 market value to budget total acquisition cost, not just the sale price.
• Verify property type (plot vs apartment) and measure area accurately to avoid duty shortfalls.
• Check approvals, encumbrance, and road width before finalizing—guidance value does not confirm legal title.