Block-5 Market Value — Neerukulla, Sultanabad Mandal, Peddapalli

IGRS BLOCK-5 Market Value in NEERUKULLA (SULTANABAD, PEDDAPALLI) – 2026

As per Telangana IGRS (Registration & Stamps) guidance values in 2026, the BLOCK-5 market value in NEERUKULLA village, SULTANABAD mandal, PEDDAPALLI district is classified under 01 (Residential). The notified guidance 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 the IGRS market value means for buyers and sellers

The IGRS guidance value is the benchmark used to calculate registration charges and helps prevent undervaluation during property registration. For sellers, it sets a minimum reference for documentation. For buyers, the BLOCK-5 market value indicates the baseline cost on which duties and fees are computed, even if the negotiated price is higher.

Is BLOCK-5 premium or affordable within NEERUKULLA?

With a residential land rate of Rs 1,100/sq.yd and uniform apartment guidance at Rs 1,300/sq.ft across floors, BLOCK-5 typically positions as an affordable-to-mid pocket within NEERUKULLA rather than a high-premium micro-market, especially for entry-level buyers comparing nearby blocks and layouts.

Registration cost estimate (example)

• Plot size: 100 sq.yards
• Guidance value: 100 × Rs 1,100 = Rs 110,000
• Stamp duty (5.5%): Rs 6,050
• Registration fee (0.5%): Rs 550
• Transfer duty (1.5% municipal areas): Rs 1,650

Buyer advice for BLOCK-5

• Verify the classification 01 (Residential) and match it with actual land use on ground.
• Budget duties using the BLOCK-5 market value, then add brokerage, documentation, and mutation costs.
• For flats, note that all floors carry the same guidance rate (Rs 1,300/sq.ft), so negotiate based on age, amenities, and legal clarity.