Market Value of RESIDENTIAL-2, HIMAYATHSAGAR, RANGAREDDY

IGRS RESIDENTIAL-2 market value in Himayathsagar, Gandipet (Rangareddy) – 2026

As of 2026, the RESIDENTIAL-2 market value in HIMAYATHSAGAR village, GANDIPET mandal, RANGAREDDY district (Telangana) is reflected in IGRS guidance rates used for registration and stamp duty calculations. For land, the notified rate is Rs 6,300 per sq.yard. For apartments, IGRS indicates Ground floor: Rs 7,300/sq.ft, First floor: Rs 6,600/sq.ft, and Other floors: Rs 6,600/sq.ft. The area is listed under Classification: 02 (Commercial), which can influence valuation expectations for mixed-use demand.

What it means for buyers and sellers

The RESIDENTIAL-2 market value is the government guidance value used to compute registration charges and often serves as a benchmark in negotiations. Sellers typically use it as a floor reference, while buyers use it to estimate statutory costs and avoid under-valuation issues during registration.

Is RESIDENTIAL-2 premium or affordable within Himayathsagar?

Within Himayathsagar, these rates position RESIDENTIAL-2 as a mid-to-premium pocket—especially with apartment guidance touching Rs 7,300/sq.ft on the ground floor—suggesting stronger demand and better liquidity than purely budget micro-markets.

Registration cost estimate (example)

• Plot size: 100 sq.yards
• Guidance value: 100 × Rs 6,300 = Rs 6,30,000
• Stamp duty (4%): Rs 25,200
• Registration fee (0.5%): Rs 3,150
• Transfer duty (1.5% municipal areas): Rs 9,450
• Total of these charges: Rs 37,800

Buyer advice for RESIDENTIAL-2

• Match your deal value against the RESIDENTIAL-2 market value to plan cash flow for duties and fees.
• For apartments, factor floor-wise guidance: ground-floor units may attract higher valuation expectations.
• Verify land use and the 02 (Commercial) classification impact on approvals, lending, and future resale.