Market Value of RESIDENTIAL, SHAPUR, SANGAREDDY

IGRS RESIDENTIAL Market Value in Shapur Village, Raikode (Sangareddy) – 2026

As per Telangana IGRS guidelines (2026), the RESIDENTIAL market value for Classification 01 (Residential) in Shapur village, Raikode mandal, Sangareddy district is set at Rs 700 per sq.yard for land. For apartments, the IGRS apartment rate is 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 IGRS value means for buyers and sellers

The IGRS RESIDENTIAL market value is the government’s benchmark used to calculate registration charges and to assess whether a sale value is under-reported. Buyers should note that stamp duty and registration are typically calculated on the higher of the sale consideration or IGRS value; sellers should price realistically to avoid valuation objections during registration.

Is Shapur RESIDENTIAL premium or affordable?

Within Shapur, the uniform rates (Rs 700/sq.yd for land and Rs 1,300/sq.ft for apartments) indicate an affordable-to-mid segment residential locality rather than a premium pocket, especially since no higher tier or differentiated floor premium is reflected in the IGRS schedule.

Registration cost estimate (example)

• Plot size: 100 sq.yard
• IGRS value: 100 × Rs 700 = Rs 70,000
• Stamp duty (4%): Rs 2,800
• Registration (0.5%): Rs 350
• Transfer duty (1.5% municipal areas): Rs 1,050

Practical advice for RESIDENTIAL buyers

• Cross-check the exact survey number and classification 01 (Residential) before finalizing price.
• Budget registration costs on IGRS value, not just the negotiated deal price.
• For apartments, use the Rs 1,300/sq.ft benchmark to evaluate quoted rates and negotiate transparently.