Market Value of BLOCK -2, BHATPALLE, PEDDAPALLI

IGRS Market Value in BLOCK -2, Bhatpalle (Manthani), Peddapalli — 2026 Rates

As per Telangana IGRS guidance values (2026), the BLOCK -2 market value in Bhatpalle village, Manthani mandal, Peddapalli district is set under Classification 01 (Residential). The notified rates are Rs 700 per sq.yard for land and Rs 1,300 per sq.ft for apartments (Ground floor: Rs 1,300/sq.ft, First floor: Rs 1,300/sq.ft, Other floors: Rs 1,300/sq.ft). This IGRS market value is the benchmark used by the registration department to calculate minimum property value for stamp duty and registration, helping prevent undervaluation in sale deeds.

Is BLOCK -2 premium or affordable within Bhatpalle?

Within Bhatpalle, a guidance value of Rs 700/sq.yd typically indicates an affordable residential pocket rather than a premium micro-market. The uniform apartment rate of Rs 1,300/sq.ft across floors also suggests stable, budget-oriented pricing rather than high-rise premium differentiation. For buyers, the BLOCK -2 market value can be a practical entry point if you’re prioritizing registration clarity and manageable upfront costs.

Registration cost estimate (example)

• Plot size: 100 sq.yard
• Value @ Rs 700/sq.yd: Rs 70,000
• Stamp duty (5.5%): Rs 3,850
• Registration fee (0.5%): Rs 350
• Transfer duty (1.5% municipal areas): Rs 1,050

Buyer advice for BLOCK -2

• Match your agreement value with the BLOCK -2 market value to avoid higher duty on reassessment.
• Verify classification as Residential (01) and check approach road, plot dimensions, and encumbrance status before paying token advance.
• For apartments, compare carpet area vs built-up area since duty may follow the registered consideration against the IGRS benchmark.