Market Value of RESIDENTIAL, RAIKAL, RANGAREDDY
The IGRS Telangana market value of RESIDENTIAL in RAIKAL, FAROOQNAGAR, RANGAREDDY is Rs 1,700 per sq.yard for land. Apartment rates: Ground floor Rs 1,300/sq.ft, First floor Rs 1,300/sq.ft, Other floors Rs 1,300/sq.ft.
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RESIDENTIAL Market Value — RAIKAL, RANGAREDDY
IGRS RESIDENTIAL Market Value in Raikal, Farooqnagar (Ranga Reddy) – 2026
As per Telangana IGRS guidelines (2026), the RESIDENTIAL market value for classification 01 (Residential) in Raikal village, Farooqnagar mandal, Ranga Reddy district 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 for buyers and sellers
The IGRS RESIDENTIAL market value is the government-notified minimum value used to calculate registration charges. Buyers typically cannot register below this value, and sellers should expect negotiations to reference it—especially for loans, documentation, and valuation discussions.
Is Raikal premium or affordable within Raikal?
Within Raikal’s notified residential category, the flat apartment rate of Rs 1,300/sq.ft across all floors suggests a relatively affordable, standardized pricing band rather than a premium micro-market. Land at Rs 1,700/sq.yd indicates entry-level residential plotting compared to higher-demand suburban belts.
Registration cost estimate (example)
- Plot size: 100 sq.yards
- Guideline value: 100 × 1,700 = Rs 170,000
- Stamp duty (5.5%): Rs 9,350
- Registration (0.5%): Rs 850
- Transfer duty (1.5% in municipal areas): Rs 2,550
Practical advice for residential buyers
- Verify the property falls under 01 (Residential) and matches the IGRS location mapping for Raikal.
- Budget registration costs on the higher of agreement value vs. RESIDENTIAL market value.
- For apartments, confirm built-up area calculations since the rate is Rs 1,300/sq.ft across floors.