Market Value of SIMHAPURI COLONY, NAGARAM, MEDCHAL-MALKAJGIRI

IGRS Market Value in SIMHAPURI COLONY, Nagaram (Keesara), 2026

As per Telangana IGRS guidance values (2026), the SIMHAPURI COLONY market value in Nagaram village, Keesara mandal, Medchal–Malkajgiri district is classified as 01 (Residential). The official guidance (market) rate is Rs 6,300 per sq.yard for land. For apartments, the IGRS rate is uniform at Rs 2,200 per sq.ft for ground floor, first floor, and other floors.

What the IGRS market value means for buyers and sellers

The SIMHAPURI COLONY market value is the benchmark used to calculate registration charges and to assess minimum value for documentation. Buyers should note that deals registered below guidance value can trigger higher duty calculations, while sellers use it to set realistic expectation bands for negotiations.

How SIMHAPURI COLONY compares within Nagaram

Within Nagaram, a guidance value of Rs 6,300/sq.yd positions SIMHAPURI COLONY as a mid-to-affordable residential pocket rather than a premium micro-market—especially since apartment guidance is steady at Rs 2,200/sq.ft across floors, indicating balanced demand and standardized valuation.

Registration cost estimate (example)

• Plot size: 100 sq.yards
• Guidance value: 100 × 6,300 = Rs 6,30,000
• Stamp duty (4%): Rs 25,200
• Registration (0.5%): Rs 3,150
• Transfer duty (1.5% municipal areas): Rs 9,450

Buyer advice for SIMHAPURI COLONY

• Verify the SIMHAPURI COLONY market value and property classification (01 Residential) before finalizing price.
• Budget duties/fees on the higher of agreement value vs IGRS value.
• Check layout approvals, road width, and encumbrance history to avoid registration delays.