Block - 3 Market Value — Mutharam, Mutharam Manthani Mandal, Peddapalli

IGRS Market Value 2026: BLOCK - 3, Mutharam Village (Manthani), Peddapalli

As of 2026, the BLOCK - 3 market value in Mutharam village, Mutharam Manthani mandal, Peddapalli district is published on Telangana IGRS under classification 01 (Residential). The notified rates are: land at Rs 700 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 government benchmark used to calculate registration charges and is often the minimum value considered for documentation, even if the negotiated price differs.

What it means for buyers and sellers

For buyers, the BLOCK - 3 market value impacts stamp duty and registration outgo, and helps set a realistic budget. For sellers, it influences buyer expectations and can act as a reference point when quoting prices, especially for clear-title residential plots and standard apartment stock.

How BLOCK - 3 compares within Mutharam

At Rs 700/sq.yd for residential land, BLOCK - 3 is generally viewed as an affordable pocket within Mutharam rather than a premium micro-market. The uniform apartment rate of Rs 1,300/sq.ft across floors also signals stable, mass-market pricing.

Registration cost estimate (example)

• Plot size: 100 sq.yards
• Value at IGRS: 100 × 700 = Rs 70,000
• Stamp duty (5.5%): Rs 3,850
• Registration (0.5%): Rs 350
• Transfer duty (1.5% in municipal areas): Rs 1,050

Buyer tips for BLOCK - 3

• Match your agreement value with IGRS to avoid valuation gaps during registration.
• Confirm the property is tagged under 01 (Residential) and verify survey/plot details.
• For apartments, use the Rs 1,300/sq.ft benchmark to compare quoted rates and negotiate logically.