Market Value of HOUSE SITE-2, LOKURTHY, NARAYANPET

IGRS Market Value of HOUSE SITE-2, Lokurthy (Damaragidda), Narayanpet District – 2026

As per Telangana IGRS guidance values in 2026, the HOUSE SITE-2 market value in LOKURTHY village, DAMARAGIDDA mandal, NARAYANPET district is set at Rs 300 per sq.yard for land. For apartments, the IGRS rates are uniform at Rs 1,300 per sq.ft for ground floor, first floor, and other floors. The applicable classification is 02 (Commercial), which can influence how buyers and sellers position the property for shop/office-oriented demand.

What this IGRS value means for buyers and sellers

The HOUSE SITE-2 market value is the government guidance rate used to calculate registration charges and benchmark deal values. Sellers can use it as a floor reference for negotiations, while buyers should compare it with actual asking prices to judge whether the quote is justified.

Is HOUSE SITE-2 premium or affordable within Lokurthy?

At Rs 300/sq.yd, HOUSE SITE-2 generally sits in an affordable bracket within Lokurthy for plotted land, especially when compared with higher-demand pockets that command stronger market quotes. The commercial classification can still support better rental/usage potential versus purely residential lanes.

Registration cost estimate (example calculation)

• Plot size: 100 sq.yards
• Guidance value: 100 × Rs 300 = Rs 30,000
• Stamp duty (5.5%): Rs 1,650
• Registration fee (0.5%): Rs 150
• Transfer duty (1.5% in municipal areas): Rs 450

Buyer tips for HOUSE SITE-2

• Verify the exact survey/plot details and ensure the deed matches the IGRS entry for HOUSE SITE-2 market value.
• Check commercial-use permissions and road access, as classification 02 (Commercial) can add utility.
• Compare guidance value with recent local transactions before finalizing the price.