Market Value of RESIDENTIAL, CHINCHOD, RANGAREDDY

IGRS RESIDENTIAL Market Value in Chinchod, Farooqnagar (Rangareddy) – 2026

As of 2026, the IGRS RESIDENTIAL market value for Chinchod village, Farooqnagar mandal, Rangareddy district, Telangana (Classification: 01 (Residential)) is set at Rs 1,700 per sq.yard for land. For apartments, the notified rates are 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 this RESIDENTIAL market value means

The IGRS RESIDENTIAL market value is the government’s benchmark used to calculate registration charges and stamp duty. Buyers should note that if a deal value is lower than IGRS, charges are typically computed on the IGRS value; sellers should expect buyers to factor these statutory costs into negotiations.

Is Chinchod premium or affordable within the village?

Within Chinchod’s notified residential classification, Rs 1,700/sq.yd positions the locality as affordable-to-mid for plotted housing, while the flat rate of Rs 1,300/sq.ft suggests a stable, non-premium apartment market without floor-wise pricing premiums.

Registration cost example (municipal rates)

• Plot size: 100 sq.yards
• IGRS value: 100 × 1,700 = Rs 170,000
• Stamp duty (4%): Rs 6,800
• Registration (0.5%): Rs 850
• Transfer duty (1.5% municipal areas): Rs 2,550

Buyer advice for RESIDENTIAL in Chinchod

• Budget using the RESIDENTIAL market value to avoid last-minute shortfalls in duties.
• Match property type to the notified benchmarks: plots at Rs 1,700/sq.yd and apartments at Rs 1,300/sq.ft.
• Verify classification 01 (Residential), approvals, and document chain before paying an advance.