Market Value of ERRAKUNTA, NACHARAM, MEDCHAL-MALKAJGIRI

IGRS Market Value of ERRAKUNTA, Nacharam (Uppal), Medchal-Malkajgiri (2026)

As per Telangana IGRS guidance values (2026), the ERRAKUNTA market value in Nacharam village, Uppal mandal, Medchal-Malkajgiri district is set under Classification 01 (Residential). The notified land guidance rate is Rs 14,200 per sq.yard. For apartments, the guidance value 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. These values influence minimum registration value, stamp duty, and loan documentation, helping buyers and sellers benchmark transactions and avoid undervaluation issues during registration.

Is ERRAKUNTA premium or affordable within Nacharam?

Within Nacharam, this ERRAKUNTA market value positions the locality as mid-market and relatively affordable for a residential pocket in the Uppal–Nacharam belt, especially with apartment guidance held at Rs 2,500/sq.ft across floors. For many buyers, this signals stable pricing rather than a high-premium micro-market.

Registration cost estimate (municipal area)

Example for a 100 sq.yard plot: Total value = 100 × 14,200 = Rs 14,20,000. Charges:

• Stamp duty (4%): Rs 56,800
• Registration fee (0.5%): Rs 7,100
• Transfer duty (1.5%): Rs 21,300

Buyer advice for ERRAKUNTA

• Use the ERRAKUNTA market value to set realistic negotiation bands and budget for duties.
• Verify land classification as Residential (01) and check encumbrance, layout approvals, and road width.
• For flats, compare sale price vs. guidance (Rs 2,500/sq.ft) and factor in UDS, amenities, and parking in valuation.