Block-7 Market Value — Neerukulla, Sultanabad Mandal, Peddapalli

IGRS Market Value of BLOCK-7, Neerukulla (Sultanabad, Peddapalli) – 2026 Rates

As per Telangana IGRS guidance values (2026), the BLOCK-7 market value in NEERUKULLA village, SULTANABAD mandal, PEDDAPALLI district is classified as 01 (Residential). The notified 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 Market Value Means for Buyers and Sellers

The IGRS guidance value is the government’s minimum benchmark for property registration. In practice, it impacts stamp duty and registration charges, and it sets a baseline for negotiations. If the sale price is higher than guidance, duties are typically calculated on the higher value; if lower, registration is generally guided by the IGRS value.

How BLOCK-7 Compares Within Neerukulla

Within NEERUKULLA, a BLOCK-7 market value of Rs 1,100/sq.yd positions it as a moderately affordable residential pocket rather than a premium micro-market. The flat Rs 1,300/sq.ft apartment guidance across floors also indicates stable, non-premium pricing.

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 (0.5%): Rs 550
• Transfer duty (1.5% municipal areas): Rs 1,650

Buyer Advice for BLOCK-7

• Use the BLOCK-7 market value as a baseline; verify if the seller’s quoted price is justified by road access, plot dimensions, and approvals.
• Budget duties early (stamp + registration + transfer duty where applicable) to avoid last-minute shortfalls.
• For apartments, confirm built-up area calculations since the guidance is Rs 1,300/sq.ft across all floors.