Market Value of 4-0, CHENREDDIPALLE, NARAYANPET

IGRS market value of 4-0 in Chenreddipalle (Maddur), Narayanpet District, Telangana – 2026

In Telangana, the IGRS market value is the government-notified benchmark used for property registration and stamp duty calculation. For 4-0 in CHENREDDIPALLE village, MADDUR mandal, NARAYANPET district, the 2026 classification is 01 (Residential). As per IGRS rates, the 4-0 market value is Rs 300 per sq.yard for land. For apartments, the notified value is uniform across floors: Ground floor Rs 1,300/sq.ft, First floor Rs 1,300/sq.ft, and Other floors Rs 1,300/sq.ft.

What it means for buyers and sellers

The 4-0 market value influences the minimum value on which registration charges are computed. Buyers should expect duties to be calculated on this benchmark (or the higher sale consideration, if applicable). Sellers can use it as a reference point to justify pricing and document value during registration.

Is 4-0 premium or affordable within Chenreddipalle?

With residential land at Rs 300/sq.yd and apartments at Rs 1,300/sq.ft across all floors, 4-0 sits in an affordable band within Chenreddipalle’s residential pockets, especially for entry-level plot buyers and budget apartment purchasers.

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% in municipal areas): Rs 450

Buyer advice for 4-0

• Verify the property’s 01 (Residential) classification matches the intended use.
• Check approach road, plot dimensions, and survey details before agreement.
• Budget for duties/fees based on IGRS value and keep documentation ready for smooth registration.