Venkat Reddy Nagar PH-1 Market Value
Venkat Reddy Nagar PH-1 Market Value — Cherlapalle, Kapra Mandal, Medchal-Malkajgiri
The IGRS Telangana market value of Venkat Reddy Nagar PH-1 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 PH-1 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.
Other Localities in Cherlapalle, Kapra
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B N Reddy Nagar
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Cherla Pally Old Village
Cherlapally Old Village
Chinna Cherlapally
Deccan Chronical Colony
Deccan Chronicle Colony
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VENKAT REDDY NAGAR PH-1 Market Value — CHERLAPALLE, MEDCHAL-MALKAJGIRI
IGRS Market Value in VENKAT REDDY NAGAR PH-1, Cherlapalle (Kapra), Medchal-Malkajgiri – 2026
As per Telangana IGRS guidance values (2026), the VENKAT REDDY NAGAR PH-1 market value in Cherlapalle village, Kapra mandal is classified as 01 (Residential). The notified guidance rate for land is Rs 10,200 per sq.yard. For apartments, the guidance is uniform across floors: Ground floor Rs 2,500/sq.ft, First floor Rs 2,500/sq.ft, and Other floors Rs 2,500/sq.ft. These rates matter because sale deeds are typically registered at or above IGRS value, directly influencing registration charges and minimum deal documentation value.
Is VENKAT REDDY NAGAR PH-1 premium or affordable within Cherlapalle?
Within Cherlapalle, a Rs 10,200/sq.yd land guidance value generally places the locality in a mid-to-upper bracket for residential layouts—often viewed as more premium than peripheral pockets but still more affordable than top-priced micro-markets closer to prime commercial corridors. The consistent Rs 2,500/sq.ft apartment guidance suggests a stable, mainstream residential pricing band rather than a luxury-only zone.
Registration cost estimate (example)
For a 100 sq.yard plot: total guidance value = 100 × 10,200 = Rs 10,20,000.
- Stamp duty (5.5%): Rs 56,100
- Registration fee (0.5%): Rs 5,100
- Transfer duty (1.5% municipal areas): Rs 15,300
Buyer tips for VENKAT REDDY NAGAR PH-1
- Use the VENKAT REDDY NAGAR PH-1 market value to benchmark negotiations; price differences should be justified by road width, corner plots, and approvals.
- Confirm layout status, encumbrance, and link documents before paying advances.
- For flats, match built-up area calculations with the Rs 2,500/sq.ft guidance to estimate statutory costs accurately.
Tracking the VENKAT REDDY NAGAR PH-1 market value helps buyers plan budgets and helps sellers set realistic, registerable pricing in 2026.
