Market Value of BLOCK-2, NARSINGAPUR, PEDDAPALLI

IGRS Market Value of BLOCK-2, Narsingapur (Dharmaram, Peddapalli) – 2026

As per Telangana IGRS guidance values (2026), the BLOCK-2 market value in Narsingapur village, Dharmaram mandal, Peddapalli district is classified as 01 (Residential). The official guidance rates are: land at Rs 1,100 per sq.yard and apartments at Rs 1,300 per sq.ft for ground floor, first floor, and other floors. This IGRS market value is the benchmark used by the Sub-Registrar for minimum valuation during registration, impacting stamp duty and registration charges for buyers and sellers.

Is BLOCK-2 Premium or Affordable within Narsingapur?

Within Narsingapur, the BLOCK-2 market value at Rs 1,100/sq.yd positions it as a practically priced residential pocket rather than a high-premium zone. For many end-users, this guidance value supports affordable entry pricing while still enabling clean, bank-friendly documentation during purchase or sale.

Registration Cost Estimate (Example)

For a 100 sq.yard plot in BLOCK-2: value = 100 × 1,100 = Rs 110,000.

• Stamp duty (4%): Rs 4,400
• Registration fee (0.5%): Rs 550
• Transfer duty (1.5% in municipal areas): Rs 1,650

Advice for Buyers in BLOCK-2

• Match your agreement value with IGRS guidance to avoid undervaluation objections.
• For flats, note the uniform Rs 1,300/sq.ft rate across floors—negotiate based on amenities and age of building.
• Confirm survey/plot boundaries and ensure the property use aligns with Residential (01) classification.