Market Value of 7-0, PALLERLA, NARAYANPET

IGRS 7-0 Market Value in Pallerla (Maddur), Narayanpet District, Telangana (2026)

In Telangana, the IGRS (Registration & Stamps) “market value” is the government-notified minimum value used to calculate registration charges. For 7-0 in Pallerla village, Maddur mandal, Narayanpet district, the 7-0 market value (Classification: 01 Residential) is set at Rs 300 per sq.yard for land. For apartments, the notified rate is Rs 1,300 per sq.ft for ground floor, first floor, and other floors. Buyers and sellers should note that if the sale price is lower than the IGRS value, duties are typically calculated on the higher (IGRS) value.

Is 7-0 a Premium or Affordable Locality within Pallerla?

With a residential land rate of Rs 300/sq.yd and uniform apartment rates of Rs 1,300/sq.ft, 7-0 is positioned as an affordable residential pocket within Pallerla rather than a premium-priced micro-market. The consistent apartment rate across floors also indicates stable, standardized valuation in this locality.

Registration Cost Estimate (Example)

Example for a 100 sq.yard plot: 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 Tips for 7-0

• Use the 7-0 market value to benchmark negotiations and estimate total acquisition cost.
• Verify the property’s Residential (01) classification and boundaries in EC/records before paying an advance.
• For apartments, compare the quoted price against the Rs 1,300/sq.ft IGRS rate to avoid undervaluation risks during registration.