Market Value of HANUMAN NAGAR-1, DEVARKONDA, NALGONDA

IGRS Market Value of HANUMAN NAGAR-1, Devarkonda (2026)

As per Telangana IGRS guidance values (2026), the HANUMAN NAGAR-1 market value in Devarkonda village, Devarakonda mandal, Nalgonda district is set at Rs 1,700 per sq.yard for land under classification 01 (Residential). For apartments, the guidance rate is uniform at Rs 1,500 per sq.ft for ground floor, first floor, and other floors. These values are used by the registration department to calculate minimum stamp duty and registration charges, and they often influence negotiations between buyers and sellers.

What it means for buyers and sellers

The HANUMAN NAGAR-1 market value acts as a benchmark: sellers typically quote at or above it, while buyers use it to judge whether an asking price is reasonable. With 953 door-number-wise records available, valuations can be checked at a granular level—useful when rates vary by street, plot position, or property type.

Is HANUMAN NAGAR-1 premium or affordable within Devarkonda?

Within the Devarkonda micro-market, a guidance value of Rs 1,700/sq.yd and Rs 1,500/sq.ft positions HANUMAN NAGAR-1 as an affordable, end-user residential locality rather than a premium-priced pocket, especially for budget plots and entry-level apartments.

Registration cost estimate (example)

For a 100 sq.yard plot: value = 100 × 1,700 = Rs 170,000.

• Stamp duty (4%): Rs 6,800
• Registration fee (0.5%): Rs 850
• Transfer duty (1.5%, municipal areas): Rs 2,550

Buyer advice for HANUMAN NAGAR-1

• Verify the exact door number/street in IGRS using the 953 records for accurate guidance value mapping.
• Match the document value to the HANUMAN NAGAR-1 market value to avoid delays and deficit duty notices.
• For apartments, confirm built-up area calculations at Rs 1,500/sq.ft across floors before finalizing.