Residential-1 Market Value — Narkhuda, Shamshabad Mandal, Rangareddy
The IGRS Telangana market value of Residential-1 in Narkhuda, Shamshabad mandal, Rangareddy District is Rs 2,100 per sq.yard for land. Apartment rates: Ground floor Rs 2,200/sq.ft, First floor Rs 2,200/sq.ft, Other floors Rs 2,200/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-1 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-1 Market Value — NARKHUDA, RANGAREDDY
IGRS RESIDENTIAL-1 market value in Narkhuda (Shamshabad), Rangareddy – 2026
As of 2026, the IGRS market value for RESIDENTIAL-1 (Classification: 01(Residential)) in Narkhuda village, Shamshabad mandal, Rangareddy district is set at Rs 2,100 per sq.yard for land. For apartments, the notified rate is Rs 2,200 per sq.ft across ground floor, first floor, and other floors.
What the RESIDENTIAL-1 market value means
The RESIDENTIAL-1 market value is the government-notified benchmark used for registration and stamp duty calculations on IGRS. For sellers, it acts as a reference floor for documentation; for buyers, it impacts statutory charges and helps judge whether a quoted price is reasonable versus the notified base.
Is RESIDENTIAL-1 premium or affordable within Narkhuda?
Within Narkhuda, the RESIDENTIAL-1 market value of Rs 2,100/sq.yd is positioned as an affordable-to-mid benchmark for a Shamshabad-side village market, especially compared to higher-priced pockets closer to major corridors. It typically suits end-users and long-term investors looking for value rather than peak-premium pricing.
Registration cost estimate (example)
For a 100 sq.yard plot at Rs 2,100/sq.yd, total value = Rs 210,000.
- Stamp duty (5.5%): Rs 11,550
- Registration (0.5%): Rs 1,050
- Transfer duty (1.5% in municipal areas): Rs 3,150
Buyer advice for RESIDENTIAL-1
- Compare deal value vs IGRS: negotiate using the notified land/apartment rates as your baseline.
- Verify classification: ensure the property falls under 01(Residential) before budgeting duties.
- Budget for all charges: include stamp duty, registration, and (where applicable) transfer duty in your cashflow.
