Market Value of HOUSE SITE-1, LOKURTHY, NARAYANPET

IGRS Market Value in HOUSE SITE-1, Lokurthy (Damaragidda), Narayanpet District – 2026

As per Telangana IGRS guidance values (2026), the HOUSE SITE-1 market value in Lokurthy village, Damaragidda mandal, Narayanpet district is classified as 01 (Residential). The official land rate is Rs 300 per sq.yard. For apartments, the IGRS rate is uniform at Rs 1,300 per sq.ft for ground floor, first floor, and other floors.

What this IGRS value means for buyers and sellers

The HOUSE SITE-1 market value is the government guidance rate used to calculate registration charges and benchmark property transactions. Sellers often use it as a minimum reference, while buyers use it to estimate statutory costs and compare fairness of quoted prices.

Is HOUSE SITE-1 premium or affordable within Lokurthy?

Within Lokurthy, a guidance value of Rs 300/sq.yd indicates an affordable residential pocket rather than a premium zone. The flat apartment rate of Rs 1,300/sq.ft across floors also suggests steady, value-oriented pricing.

Registration cost estimate (example)

For a 100 sq.yard plot: value = 100 × 300 = Rs 30,000.

• Stamp duty (4%): Rs 1,200
• Registration fee (0.5%): Rs 150
• Transfer duty (1.5% in municipal areas): Rs 450

Buyer advice for HOUSE SITE-1

• Cross-check the latest IGRS entry for HOUSE SITE-1 market value before finalizing the agreement.
• Match the survey/plot details with the sale deed and ensure the property is clearly marked as Residential (01).
• Budget for registration costs on the guidance value, and separately negotiate market premium (if any) based on road access and utilities.