Recidencial Market Value — Marikal, Thimmajilpet Mandal, Nagarkurnool
The IGRS Telangana market value of Recidencial in Marikal, Thimmajilpet mandal, Nagarkurnool District is Rs 600 per sq.yard for land. Apartment rates: Ground floor Rs 1,300/sq.ft, First floor Rs 1,300/sq.ft, Other floors Rs 1,300/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 Recidencial 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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RECIDENCIAL Market Value — MARIKAL, NAGARKURNOOL
IGRS Market Value of RECIDENCIAL in Marikal (Thimmajilpet), Nagarkurnool District – 2026
What the IGRS market value means
The RECIDENCIAL market value shown on Telangana IGRS is the government-notified minimum valuation used for property registration in Marikal village, Thimmajilpet mandal, Nagarkurnool. For buyers and sellers, this benchmark impacts the minimum document value, stamp duty, and registration charges, and it also influences negotiation—especially when bank loans and resale comparables are considered. The locality is classified as 01 (Residential).
2026 rates for RECIDENCIAL (IGRS)
- Land rate: Rs 600 per sq.yard
- Apartments: Ground floor Rs 1,300/sq.ft
- Apartments: First floor Rs 1,300/sq.ft
- Apartments: Other floors Rs 1,300/sq.ft
Is RECIDENCIAL premium or affordable within Marikal?
At Rs 600/sq.yard for land and a flat Rs 1,300/sq.ft across apartment floors, the RECIDENCIAL market value indicates an affordable residential pocket within Marikal rather than a premium micro-market. Uniform apartment rates also suggest steady demand without floor-based price spikes.
Registration cost example (municipal area)
For a 100 sq.yard plot: value = 100 × 600 = Rs 60,000. Stamp duty @ 5.5% = Rs 3,300; registration fee @ 0.5% = Rs 300; transfer duty @ 1.5% = Rs 900. Total of these charges = Rs 3,600 (excluding other applicable fees).
Buyer advice for RECIDENCIAL
- Verify classification: Ensure the property matches 01 (Residential) in records before paying advances.
- Budget correctly: Plan for duties/fees on the IGRS value if the deal price is lower.
- Compare options: Use the RECIDENCIAL market value to benchmark negotiations on plots and apartments.
- Document checks: Confirm title, survey details, and encumbrance status before registration.
