Market Value of NARSANNAPET RESIDENTIAL, CHEBERTHY, SIDDIPET

IGRS Market Value of NARSANNAPET RESIDENTIAL, Cheberthy (Markook), Siddipet — 2026

As per Telangana IGRS guidance values (2026), the NARSANNAPET RESIDENTIAL market value in Cheberthy village, Markook mandal, Siddipet district is set under Classification: 01 (Residential). The notified rates are Rs 700 per sq.yard for land and Rs 1,300 per sq.ft for apartments (Ground floor: Rs 1,300/sq.ft, First floor: Rs 1,300/sq.ft, Other floors: Rs 1,300/sq.ft).

What this IGRS market value means for buyers and sellers

The NARSANNAPET RESIDENTIAL market value is the benchmark used by Sub-Registrar offices to calculate minimum property value for registration, stamp duty, and fees. If you buy below this rate, duties are still typically computed on the guidance value, impacting total transaction cost and loan documentation.

How it compares within Cheberthy

Within Cheberthy, a land guidance value of Rs 700/sq.yd positions Narsannapet Residential as an affordable residential pocket rather than a premium zone, especially for plot buyers targeting entry-level budgets and steady appreciation potential.

Registration cost estimate (example)

• Plot size: 100 sq.yards
• Guidance value: 100 × Rs 700 = Rs 70,000
• Stamp duty (4%): Rs 2,800
• Registration fee (0.5%): Rs 350
• Transfer duty (1.5% in municipal areas): Rs 1,050
• Total of these charges: Rs 4,200

Buyer advice for Narsannapet Residential

• Verify the latest IGRS entry and ensure the deed reflects 01 (Residential).
• For apartments, use Rs 1,300/sq.ft uniformly across floors for budgeting.
• Check approach road, layout approvals, and encumbrance before finalizing—your deal should make sense beyond the NARSANNAPET RESIDENTIAL market value.