Venkat Reddy Nagar Market Value — Cherlapalle, Kapra Mandal, Medchal-Malkajgiri
The IGRS Telangana market value of Venkat Reddy Nagar in Cherlapalle, Kapra mandal, Medchal-Malkajgiri District is Rs 10,200 per sq.yard for land. Apartment rates: Ground floor Rs 2,500/sq.ft, First floor Rs 2,500/sq.ft, Other floors Rs 2,500/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 Venkat Reddy Nagar 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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VENKAT REDDY NAGAR Market Value — CHERLAPALLE, MEDCHAL-MALKAJGIRI
IGRS Market Value in VENKAT REDDY NAGAR, Cherlapalle (Kapra), Medchal-Malkajgiri (2026)
As of 2026, the IGRS market value for VENKAT REDDY NAGAR in Cherlapalle village, Kapra mandal, Medchal-Malkajgiri district is officially classified as 01 (Residential). The notified VENKAT REDDY NAGAR market value is Rs 10,200 per sq.yard for land. For apartments, the IGRS rate is uniform across levels: Ground floor Rs 2,500/sq.ft, First floor Rs 2,500/sq.ft, and Other floors Rs 2,500/sq.ft.
What this means for buyers and sellers
IGRS market value is the government-notified benchmark used to calculate registration charges and guide minimum valuation during property registration. If your deal value is lower than the notified VENKAT REDDY NAGAR market value, charges are typically computed on the higher IGRS value—impacting both buyers’ costs and sellers’ documentation expectations.
How it compares within Cherlapalle
Within Cherlapalle, a land rate of Rs 10,200/sq.yd positions VENKAT REDDY NAGAR as a mid-to-affordable residential pocket rather than a premium micro-market, especially for buyers prioritizing budget control and predictable registration outgo.
Registration cost estimate (example)
- Plot size: 100 sq.yards
- IGRS value: 100 × 10,200 = Rs 1,020,000
- Stamp duty (5.5%): Rs 56,100
- Registration fee (0.5%): Rs 5,100
- Transfer duty (1.5% municipal): Rs 15,300
- Total (these components): Rs 76,500
Buyer advice for VENKAT REDDY NAGAR
- Cross-check the latest IGRS entry for the exact lane/plot and ensure it matches Residential (01).
- For apartments, validate built-up area calculations against the fixed Rs 2,500/sq.ft rate across floors.
- Budget registration charges using IGRS value, then negotiate the agreement value separately based on site condition, road width, and legal clarity.
