Market Value of 1-0, THIMMAREDDIPALLE, NARAYANPET

IGRS Market Value of 1-0 in Thimmareddipalle (Kothapalle Mandal), Narayanpet District – 2026

The IGRS market value is the government-notified benchmark used in Telangana for property registration and stamp duty calculations. In Thimmareddipalle village, for the locality code/area 1-0 under classification 01 (Residential), the notified 1-0 market value (as of 2026) is 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. These values influence the minimum registration value even if the negotiated price differs, affecting both buyers and sellers.

Is 1-0 premium or affordable within Thimmareddipalle?

Within Thimmareddipalle, a land rate of Rs 300/sq.yd positions 1-0 as an affordable residential pocket rather than a premium micro-market. The flat apartment rate of Rs 1,300/sq.ft across floors also indicates stable, entry-level pricing in the village context.

Registration cost estimate (example)

• Plot size: 100 sq.yard
• IGRS value: 100 × Rs 300 = Rs 30,000
• Stamp duty (4%): Rs 1,200
• Registration fee (0.5%): Rs 150
• Transfer duty (1.5% municipal areas): Rs 450

Buyer advice for 1-0

• Use the 1-0 market value to budget duties and avoid undervaluation issues at registration.
• Verify classification 01 (Residential) and check layout approvals, road access, and encumbrance status before paying an advance.
• For flats, compare the quoted price to Rs 1,300/sq.ft IGRS value and negotiate based on amenities and construction quality.