Market Value of 7-0, THIMMAREDDIPALLE, NARAYANPET

IGRS Market Value of 7-0 in Thimmareddipalle (Kothapalle Mandal, Narayanpet), Telangana – 2026

In Telangana, the IGRS market value is the government-notified guideline rate used for property registration and stamp duty calculations. For buyers and sellers in 7-0 locality of Thimmareddipalle village (Kothapalle mandal, Narayanpet district), the 7-0 market value helps set a baseline for registration value, even if the actual deal price is higher. It also supports transparent negotiations and reduces valuation disputes during registration.

Current IGRS Rates in 7-0 (Classification: 01 Residential)

• Land rate: Rs 300 per sq.yard
• Apartments: Ground floor Rs 1,300/sq.ft
• Apartments: First floor Rs 1,300/sq.ft
• Apartments: Other floors Rs 1,300/sq.ft

Is 7-0 Premium or Affordable Within Thimmareddipalle?

With land at Rs 300/sq.yd and flats at Rs 1,300/sq.ft across floors, the 7-0 market value indicates an affordable residential pocket within Thimmareddipalle, suited to budget plot buyers and entry-level home seekers.

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 in municipal areas @1.5% (if applicable) = Rs 450.

Buyer Advice for 7-0

• Confirm the property falls under 01 (Residential) and matches the 7-0 entry on IGRS.
• Budget for duties/fees based on guideline value, even if you negotiate a higher sale price.
• Verify title chain, survey boundaries, and approach road before paying token advances.