Nerella Block-1 Market Value — Nerella, Thangallapalli Mandal, Rajanna Sircilla

IGRS Market Value of NERELLA BLOCK-1, NERELLA (Thangallapalli), Rajanna Sircilla – 2026

As per Telangana IGRS guidance values (2026), the NERELLA BLOCK-1 market value in NERELLA village, Thangallapalli mandal, Rajanna Sircilla district is set at Rs 700 per sq.yard for land under Classification 01 (Residential). For apartments, the guidance rate is Rs 1,300 per sq.ft for ground floor, first floor, and other floors. This IGRS market value is the benchmark used by the Sub-Registrar to calculate minimum registration value and statutory charges—critical for both buyers (true cost) and sellers (pricing and documentation).

Is NERELLA BLOCK-1 premium or affordable within NERELLA?

Within NERELLA, the NERELLA BLOCK-1 market value of Rs 700/sq.yd positions it as a practical, affordability-focused residential pocket rather than a high-premium zone. The uniform apartment rate of Rs 1,300/sq.ft across floors also indicates stable, mass-market pricing expectations in this block.

Registration cost estimate (example)

For a 100 sq.yard residential plot: Value = 100 × 700 = Rs 70,000.

• Stamp duty (5.5%): Rs 3,850
• Registration fee (0.5%): Rs 350
• Transfer duty (1.5% in municipal areas): Rs 1,050

Buyer advice for NERELLA BLOCK-1

• Use the NERELLA BLOCK-1 market value to sanity-check quoted rates and avoid undervaluation issues during registration.
• Verify classification as 01 (Residential) and match survey details with EC, pattadar passbook, and layout approvals.
• Budget beyond guidance value: include statutory duties, documentation, and any development charges applicable locally.