Market Value of RESIDENTIAL-3, DEVARAMPALLE, RANGAREDDY

IGRS RESIDENTIAL-3 market value in Devarampalle (Chevella), Rangareddy – 2026

As per Telangana IGRS guidelines in 2026, the RESIDENTIAL-3 market value in Devarampalle village, Chevella mandal, Rangareddy district is set at Rs 2,100 per sq.yard for land. For apartments, guideline rates are uniform at Rs 2,200 per sq.ft for the ground floor, first floor, and other floors. These values matter because they influence minimum registration value, stamp duty, and how buyers/sellers negotiate a fair deal around documented price.

Locality positioning within Devarampalle

Within Devarampalle, this RESIDENTIAL-3 market value reads as an affordable-to-mid segment benchmark rather than a premium pocket, especially given the steady (not tiered) apartment rate across floors. The area is also tagged under Classification: 02 (Commercial), which can support mixed-use demand and future price discovery on active stretches.

Registration cost estimate (example)

For a 100 sq.yard plot at Rs 2,100/sq.yd:

• Total value: Rs 210,000
• Stamp duty (4%): Rs 8,400
• Registration (0.5%): Rs 1,050
• Transfer duty (1.5% in municipal areas): Rs 3,150

Buyer advice for RESIDENTIAL-3

• Use the RESIDENTIAL-3 market value as a floor for documentation; budget duties on the higher of agreement value vs IGRS value.
• Verify land use, approach road, and whether the “02(Commercial)” classification impacts your intended residential use.
• For apartments, compare carpet/built-up area calculations since the guideline is Rs 2,200/sq.ft across floors.