Market Value of SIMHAPOORI COLONY, FAROOQNAGAR (U.A), RANGAREDDY

IGRS Market Value in SIMHAPOORI COLONY, Farooqnagar (U.A) (2026)

As of 2026, the SIMHAPOORI COLONY market value shown in Telangana’s IGRS (Stamps & Registration) records for Farooqnagar (U.A) village, Farooqnagar mandal, Rangareddy district is Rs 5,300 per sq.yard for land under Classification 01 (Residential). For apartments, the notified rate is uniform at Rs 2,200 per sq.ft for ground floor, first floor, and other floors.

What this IGRS rate means for buyers and sellers

IGRS market value is the government’s benchmark used to calculate registration charges and duties. If your agreement value is lower than the IGRS value, registration is typically computed on the higher benchmark. For sellers, the SIMHAPOORI COLONY market value also signals the locality’s official baseline for price negotiations.

Premium or affordable within Farooqnagar (U.A)?

Within Farooqnagar (U.A), Rs 5,300/sq.yd positions SIMHAPOORI COLONY as a mid-range, relatively affordable residential pocket rather than a premium micro-market—especially when compared to higher-demand corridors closer to major growth nodes in Rangareddy.

Registration cost estimate (example)

For a 100 sq.yard plot: value = 100 × 5,300 = Rs 530,000.

• Stamp duty (5.5%): Rs 29,150
• Registration (0.5%): Rs 2,650
• Transfer duty (1.5% municipal areas): Rs 7,950

Buyer advice for SIMHAPOORI COLONY

• Verify the property’s Residential (01) classification and match it with the IGRS entry.
• Budget using the SIMHAPOORI COLONY market value to avoid last-minute duty shortfalls.
• For flats, use Rs 2,200/sq.ft as the benchmark across floors and negotiate based on age, approvals, and amenities.