Market Value of 2-0, CHENREDDIPALLE, NARAYANPET

IGRS Market Value of 2-0 in Chenreddipalle (Maddur), Narayanpet, Telangana (2026)

As per Telangana IGRS (Registration & Stamps) guidance values in 2026, the 2-0 market value in CHENREDDIPALLE village, MADDUR mandal, NARAYANPET district is classified as 01 (Residential). The notified land rate is Rs 300 per sq.yard. For apartments, the guidance value is uniform at Rs 1,300 per sq.ft for Ground floor, First floor, and Other floors.

What the 2-0 Market Value Means for Buyers & Sellers

The IGRS guidance value is the benchmark used to calculate registration charges and assess minimum value for property registration. For buyers, the 2-0 market value helps estimate stamp duty and registration fees upfront. For sellers, it influences realistic pricing and ensures the sale deed value is aligned with registration norms.

Is 2-0 Premium or Affordable Within Chenreddipalle?

With land at Rs 300/sq.yd and flats at Rs 1,300/sq.ft, 2-0 typically reads as an affordable residential pocket within Chenreddipalle—especially for plot buyers and entry-level home seekers—rather than a premium-rate locality.

Registration Cost Estimate (Example)

• Plot size: 100 sq.yards
• Guidance 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 2-0

• Verify the property falls under 01 (Residential) and matches the correct IGRS slab for 2-0.
• Use the 2-0 market value to budget charges, but negotiate based on road access, plot depth, and documentation quality.
• For apartments, note the flat rate of Rs 1,300/sq.ft across floors—focus due diligence on approvals, UDS, and occupancy status.