Padma Nagar PH-I, II/Prasoona Nagar/Surender Market Value — Quthbullapur (M), Quthbullapur Mandal, Medchal-Malkajgiri

IGRS Market Value in PADMA NAGAR PH-I, II/PRASOONA NAGAR/SURENDER, QUTHBULLAPUR (M) (2026)

As of 2026, the PADMA NAGAR PH-I, II/PRASOONA NAGAR/SURENDER market value in QUTHBULLAPUR (M) village, QUTHBULLAPUR mandal, Medchal–Malkajgiri district is set under IGRS (Telangana registration guidance values) at Rs 12,200 per sq.yard for land. For apartments, the guidance rate is Rs 2,500 per sq.ft for Ground floor, First floor, and Other floors. The locality is classified as 01 (Residential).

What this IGRS value means for buyers and sellers

The PADMA NAGAR PH-I, II/PRASOONA NAGAR/SURENDER market value is the government-notified baseline used to calculate registration charges and to benchmark declared sale consideration. For sellers, it influences buyer budgeting and the minimum value typically accepted for registration. For buyers, it helps estimate statutory costs and avoid undervaluation issues.

Is it premium or affordable within QUTHBULLAPUR (M)?

Within QUTHBULLAPUR (M), a land guidance value of Rs 12,200/sq.yd and apartment value of Rs 2,500/sq.ft generally positions this pocket as affordable to mid-range rather than premium, especially compared to higher-demand micro-markets closer to major IT and transit corridors.

Registration cost estimate (example)

For a 100 sq.yard plot: value = 100 × 12,200 = Rs 12,20,000. Charges in municipal areas:

• Stamp duty (5.5%): Rs 67,100
• Registration fee (0.5%): Rs 6,100
• Transfer duty (1.5%): Rs 18,300

Buyer advice for PADMA NAGAR PH-I, II/PRASOONA NAGAR/SURENDER

• Match your negotiated price with the PADMA NAGAR PH-I, II/PRASOONA NAGAR/SURENDER market value to plan cash flow and registration outgo.
• Verify property type (plot vs apartment) and ensure the correct unit rate (sq.yd vs sq.ft) is applied.
• Confirm approvals, encumbrance status, and road width/access before finalizing, as these impact resale more than guidance value.