Residential-2 Market Value — Narsingi, Gandipet Mandal, Rangareddy
The IGRS Telangana market value of Residential-2 in Narsingi, Gandipet mandal, Rangareddy District is Rs 13,500 per sq.yard for land. Apartment rates: Ground floor Rs 7,300/sq.ft, First floor Rs 6,600/sq.ft, Other floors Rs 6,600/sq.ft.
Source: IGRS Telangana market value data (Registration & Stamps Department, registration.telangana.gov.in), rates effective 1 Feb 2022. Last updated on TG Verified: .
Methodology: Every rate for Residential-2 is copied as-is from the IGRS unit rate (market value) register — land in Rs per sq.yard, apartments in Rs per sq.ft by floor, agricultural land in Rs per acre. We do not estimate, average or adjust values; counts and ranges on this page are computed directly from those records. Confirm the applicable rate with the Sub Registrar Office before registration.
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RESIDENTIAL-2 Market Value — NARSINGI, RANGAREDDY
IGRS Market Value of RESIDENTIAL-2 in Narsingi (Gandipet), Rangareddy – 2026
The RESIDENTIAL-2 market value published on Telangana IGRS is the government’s benchmark rate used to calculate stamp duty and registration charges during property registration. In Narsingi village, Gandipet mandal, Rangareddy district (2026), the IGRS rate for RESIDENTIAL-2 shows a land rate of Rs 13,500 per sq.yard. For apartments, the notified values are Ground floor: Rs 7,300/sq.ft, First floor: Rs 6,600/sq.ft, and Other floors: Rs 6,600/sq.ft. The IGRS classification is listed as 02 (Commercial), which buyers should note while verifying the exact schedule entry for their property.
Is RESIDENTIAL-2 in Narsingi premium or affordable?
Within Narsingi, a RESIDENTIAL-2 market value of Rs 13,500/sq.yd typically signals a premium bracket, reflecting strong demand around the Gandipet–Financial District growth corridor. It is generally positioned above purely peripheral village pockets, while still being more “rate-efficient” than the most expensive micro-markets closer to core commercial hubs.
Registration cost estimate (example)
For a 100 sq.yard plot: total value = 100 × 13,500 = Rs 13,50,000.
- Stamp duty (5.5%): Rs 74,250
- Registration fee (0.5%): Rs 6,750
- Transfer duty (1.5% municipal areas): Rs 20,250
Buyer advice for RESIDENTIAL-2
- Match your sale deed rate with the RESIDENTIAL-2 market value to avoid undervaluation objections.
- For apartments, confirm floor-wise valuation (ground floor is higher) before finalizing consideration.
- Verify schedule classification (02 Commercial) and ensure land use, approvals, and encumbrance details align with your purchase purpose.
