Block-1 Market Value — Neerukulla, Sultanabad Mandal, Peddapalli
The IGRS Telangana market value of Block-1 in Neerukulla, Sultanabad mandal, Peddapalli District is Rs 1,100 per sq.yard for land. Apartment rates: Ground floor Rs 1,300/sq.ft, First floor Rs 1,300/sq.ft, Other floors Rs 1,300/sq.ft.
Source: IGRS Telangana market value data (Registration & Stamps Department, registration.telangana.gov.in), rates effective 1 Feb 2022. Last updated on TG Verified: .
Methodology: Every rate for Block-1 is copied as-is from the IGRS unit rate (market value) register — land in Rs per sq.yard, apartments in Rs per sq.ft by floor, agricultural land in Rs per acre. We do not estimate, average or adjust values; counts and ranges on this page are computed directly from those records. Confirm the applicable rate with the Sub Registrar Office before registration.
Other Localities in Neerukulla, Sultanabad
Block-10
Block-2
Block-3
Block-4
Block-5
Block-6
Block-7
Block-8
Block-9
Gramakantam
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BLOCK-1 Market Value — NEERUKULLA, PEDDAPALLI
IGRS Market Value 2026: BLOCK-1, Neerukulla (Sultanabad, Peddapalli)
As per Telangana IGRS guidance values (2026), the BLOCK-1 market value in NEERUKULLA village, SULTANABAD mandal, PEDDAPALLI district is classified as 01 (Residential). The official land guidance rate is Rs 1,100 per sq.yard. For apartments, the guidance value is uniform across floors: Ground floor Rs 1,300/sq.ft, First floor Rs 1,300/sq.ft, and Other floors Rs 1,300/sq.ft.
What the IGRS rate means for buyers and sellers
The BLOCK-1 market value is the benchmark used by the Registration Department to calculate stamp duty and registration fees. If your deal price is lower than the IGRS value, charges are typically computed on the higher guidance value—so it directly impacts transaction costs and declared value.
Is BLOCK-1 premium or affordable within Neerukulla?
With land at Rs 1,100/sq.yd and apartments at Rs 1,300/sq.ft, BLOCK-1 market value indicates an affordable residential pocket within Neerukulla rather than a high-premium micro-market, especially given the flat apartment rate across all floors.
Registration cost estimate (example)
- Plot size: 100 sq.yard
- Guidance value: 100 × 1,100 = Rs 110,000
- Stamp duty (5.5%): Rs 6,050
- Registration (0.5%): Rs 550
- Transfer duty (1.5% in municipal areas): Rs 1,650
Buyer advice for BLOCK-1
- Verify the property falls under Residential (01) and matches the correct block/street in IGRS.
- Budget using guidance value for duties, even if negotiating below market.
- For apartments, since all floors are Rs 1,300/sq.ft, focus due diligence on approvals, UDS, and building quality—not floor-based valuation.
