Market Value of BLOCK-2, NEERUKULLA, PEDDAPALLI

IGRS Market Value of BLOCK-2, Neerukulla (Sultanabad, Peddapalli) in 2026

As per Telangana IGRS guidance values (2026), the BLOCK-2 market value in NEERUKULLA village, SULTANABAD mandal, PEDDAPALLI district is classified under 01 (Residential). The notified rates are Rs 1,100 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).

What this IGRS rate means for buyers and sellers

The IGRS (guidance) value is the benchmark used to calculate registration charges and acts as a minimum reference for property valuation during registration. For buyers, the BLOCK-2 market value directly impacts stamp duty and registration costs. For sellers, it influences buyer expectations and the documented value on sale deeds.

Is BLOCK-2 premium or affordable within Neerukulla?

Within NEERUKULLA, a land guidance value of Rs 1,100/sq.yd indicates an affordable residential pocket rather than a high-premium micro-market, especially since apartment guidance is uniform at Rs 1,300/sq.ft across floors.

Registration cost estimate (example)

• Plot size: 100 sq.yards
• Guidance value: 100 × Rs 1,100 = Rs 1,10,000
• 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-2

• Verify survey number, plot boundaries, and 01 (Residential) classification before paying an advance.
• Budget for duties based on the BLOCK-2 market value or the higher of guidance vs. agreement value.
• For apartments, compare built-up area calculations since the guidance rate is fixed at Rs 1,300/sq.ft across all floors.