Residential Gandhi Wada 5th Block-1 Market Value — Mortad, Morthad Mandal, Nizamabad

IGRS Market Value in Residential Gandhi wada 5th Block-1, Mortad (2026)

As of 2026, the Telangana IGRS (Stamps & Registration) guideline rate for Classification 01 (Residential) in Residential Gandhi wada 5th Block-1, Mortad village, Morthad mandal, Nizamabad district, is Rs 1,100 per sq.yard for land. For apartments, the IGRS market value is uniform at Rs 1,300 per sq.ft for ground floor, first floor, and other floors. This Residential Gandhi wada 5th Block-1 market value is the benchmark used to calculate registration charges and often acts as a floor price during sale registration.

What it means for buyers and sellers

For buyers, the IGRS rate helps estimate statutory costs and prevents undervaluation at registration. For sellers, it signals the minimum value the Sub-Registrar typically accepts for documentation, even if the negotiated price differs.

Is it premium or affordable within Mortad?

Within Mortad, a residential guideline of Rs 1,100/sq.yd generally indicates an affordable-to-mid segment locality rather than a premium pocket. The steady apartment rate of Rs 1,300/sq.ft also suggests pricing consistency suited to end-users.

Registration cost estimate (example)

• Plot size: 100 sq.yard
• IGRS value: 100 × Rs 1,100 = Rs 110,000
• Stamp duty (5.5%): Rs 6,050
• Registration (0.5%): Rs 550
• Transfer duty (1.5% municipal areas): Rs 1,650

Buyer advice for Residential Gandhi wada 5th Block-1

• Use the Residential Gandhi wada 5th Block-1 market value to budget all statutory charges before negotiation.
• Match apartment pricing to the IGRS benchmark of Rs 1,300/sq.ft across floors and verify approvals, layout, and road access.
• Keep a buffer for documentation and ensure the agreement value aligns with registration requirements.