Market Value of GRAMAKANTAM, GOLLAPALLE, SIDDIPET

IGRS GRAMAKANTAM Market Value in Gollapalle (Jagdevpur), Siddipet District (2026)

As of 2026, the IGRS-listed GRAMAKANTAM market value in Gollapalle village, Jagdevpur mandal, Siddipet district, Telangana is Rs 700 per sq.yard for land under classification 01 (Residential). For apartments, the notified rate is Rs 1,300 per sq.ft across ground floor, first floor, and other floors. This IGRS market value is the government’s benchmark used for property registration and stamp duty calculations, and it often sets the minimum value for documented sale consideration.

What it means for buyers and sellers

For buyers, the GRAMAKANTAM market value indicates the base valuation on which registration charges are computed, even if the negotiated price differs. For sellers, it influences buyer budgeting and can impact liquidity, especially when market prices are close to the IGRS rate.

How it compares within Gollapalle

At Rs 700/sq.yd for residential Gramakantam land, Gollapalle remains an affordable locality within the village context, suitable for end-use housing and small plots rather than premium speculative pricing.

Registration cost estimate (example)

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

Advice for property buyers

• Verify classification 01 (Residential) and plot boundaries before paying an advance.
• Match the sale price with the GRAMAKANTAM market value to avoid undervaluation issues at registration.
• For flats, use Rs 1,300/sq.ft as the baseline and check approvals, approach road, and water/electricity access.