Recidencial Market Value — Nerellapalle, Thimmajilpet Mandal, Nagarkurnool
The IGRS Telangana market value of Recidencial in Nerellapalle, 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 — NERELLAPALLE, NAGARKURNOOL
IGRS RECIDENCIAL market value in Nerellapalle (Thimmajilpet, Nagarkurnool) – 2026
The RECIDENCIAL market value shown on Telangana IGRS is the government-notified benchmark rate used to calculate registration charges and guide minimum valuation in sale deeds. In Nerellapalle village, Thimmajilpet mandal, Nagarkurnool district, the 2026 IGRS classification is 01 (Residential), with a land rate of Rs 600 per sq.yard and apartment rates of Rs 1,300 per sq.ft for ground, first, and other floors.
What it means for buyers and sellers
For buyers, the RECIDENCIAL market value affects stamp duty and registration fees, even if your negotiated price is different. For sellers, it influences buyer budgeting and the minimum value typically accepted for registration.
Is RECIDENCIAL premium or affordable within Nerellapalle?
Within Nerellapalle, a uniform residential benchmark of Rs 600/sq.yd (plots) and Rs 1,300/sq.ft (apartments across all floors) indicates an affordable, steady-rate locality rather than a premium micro-market with higher slab rates by street or floor.
Registration cost estimate (example)
- Plot size: 100 sq.yards
- IGRS value: 100 × Rs 600 = Rs 60,000
- Stamp duty (5.5%): Rs 3,300
- Registration (0.5%): Rs 300
- Transfer duty (1.5% in municipal areas): Rs 900
Buyer advice for RECIDENCIAL
- Verify the property falls under 01 (Residential) and matches the applicable RECIDENCIAL market value.
- Budget registration charges on the higher of IGRS value vs. agreement value.
- For apartments, note the same Rs 1,300/sq.ft rate applies across floors—focus due diligence on approvals, access road, and clear title.
