Market Value of 2-0, PARSAPURAM, NARAYANPET

IGRS 2-0 Market Value in Parsapuram (Maddur), Narayanpet District, Telangana (2026)

As per Telangana IGRS guidance values in 2026, the 2-0 market value in Parsapuram village, Maddur mandal, Narayanpet district under Classification 01 (Residential) is set at Rs 300 per sq.yard for land. For apartments, the guidance rate is uniform at Rs 1,300 per sq.ft for the ground floor, first floor, and other floors. This IGRS market value is the benchmark used by the Sub-Registrar to calculate minimum registration value, stamp duty, and fees—important for both buyers and sellers to avoid undervaluation issues.

Is 2-0 a Premium or Affordable Locality within Parsapuram?

With land guided at Rs 300/sq.yd and apartments at Rs 1,300/sq.ft, the 2-0 market value indicates an affordable residential pocket within Parsapuram rather than a premium micro-market. The flat apartment rate across floors also suggests standard demand without floor-wise pricing premiums.

Registration Cost Estimate (Example)

For a 100 sq.yard residential plot in 2-0:

• Guidance value: 100 x 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

Practical Advice for Buyers in 2-0

• Match consideration to IGRS: Keep the sale price at or above the 2-0 market value to prevent higher duty on reassessed value.
• Verify classification: Ensure the property is recorded as 01 (Residential) to apply the correct rate.
• Budget for duties: Add stamp duty, registration, and (if applicable) transfer duty to your total acquisition cost.