Lenin Nagar-3 Market Value — Meerpet, Balapur Mandal, Rangareddy
The IGRS Telangana market value of Lenin Nagar-3 in Meerpet, Balapur mandal, Rangareddy District is Rs 12,600 per sq.yard for land. Apartment rates: Ground floor Rs 2,200/sq.ft, First floor Rs 2,200/sq.ft, Other floors Rs 2,200/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 Lenin Nagar-3 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.
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LENIN NAGAR-3 Market Value — MEERPET, RANGAREDDY
IGRS Market Value of LENIN NAGAR-3, MEERPET (Balapur, Ranga Reddy) in 2026
As per Telangana IGRS guidance values (2026), the LENIN NAGAR-3 market value in MEERPET village, BALAPUR mandal, RANGAREDDY district is classified as 01 (Residential). The notified land rate is Rs 12,600 per sq.yard. For apartments, the guidance rate is uniform at Rs 2,200 per sq.ft for Ground floor, First floor, and Other floors.
What this IGRS value means for buyers and sellers
IGRS market value is the government’s benchmark used to calculate registration and stamp duty. A sale deed typically cannot be registered below this value. For sellers, it sets a realistic floor price for documentation; for buyers, it directly impacts transaction costs and loan documentation.
Is LENIN NAGAR-3 premium or affordable within Meerpet?
Within Meerpet, the LENIN NAGAR-3 market value positions the locality as affordable-to-mid segment rather than ultra-premium, especially because apartment guidance is steady at Rs 2,200/sq.ft across floors. Final market prices may vary by road width, plot orientation, and proximity to main corridors.
Registration cost estimate (example)
- Plot size: 100 sq.yards
- Guidance value: 100 × Rs 12,600 = Rs 12,60,000
- Stamp duty (5.5%): Rs 69,300
- Registration fee (0.5%): Rs 6,300
- Transfer duty (1.5% municipal areas): Rs 18,900
Buyer advice for LENIN NAGAR-3
- Verify the exact survey/colony details on IGRS to match the LENIN NAGAR-3 market value category (Residential 01).
- Budget beyond guidance value: include duties, legal checks, and encumbrance verification.
- For flats, compare Rs 2,200/sq.ft guidance with builder pricing to spot overpricing and negotiate.
