Classic Residency Hanmangar-5 Market Value
Classic Residency Hanmangar-5 Market Value — Narsapur, Siddipet (Urban) Mandal, Siddipet
The IGRS Telangana market value of Classic Residency Hanmangar-5 in Narsapur, Siddipet (Urban) mandal, Siddipet District is Rs 2,100 per sq.yard for land. Apartment rates: Ground floor Rs 1,500/sq.ft, First floor Rs 1,500/sq.ft, Other floors Rs 1,500/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 Classic Residency Hanmangar-5 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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CLASSIC RESIDENCY HANMANGAR-5 Market Value — NARSAPUR, SIDDIPET
IGRS Market Value of CLASSIC RESIDENCY HANMANGAR-5, Narsapur (Siddipet Urban) in 2026
As per Telangana IGRS guidance values (2026), the CLASSIC RESIDENCY HANMANGAR-5 market value in NARSAPUR village, SIDDIPET (URBAN) mandal, Siddipet district is classified under 01 (Residential). The notified land rate is Rs 2,100 per sq.yard. For apartments, the guidance rate is uniform at Rs 1,500 per sq.ft for Ground floor, First floor, and Other floors.
What this market value means for buyers and sellers
The CLASSIC RESIDENCY HANMANGAR-5 market value is the IGRS benchmark used to calculate registration charges and for minimum value consideration during property registration. Buyers can use it to estimate statutory costs, while sellers can treat it as a baseline for pricing—actual deal values may be higher based on road width, amenities, and unit specifications.
Is it premium or affordable within Narsapur?
With land at Rs 2,100/sq.yd and apartments at Rs 1,500/sq.ft, this pocket is positioned as affordable-to-mid segment within Narsapur’s residential market, suitable for end-users seeking guidance-value-aligned transactions.
Registration cost estimate (example)
- Plot size: 100 sq.yard
- IGRS value: 100 × 2,100 = Rs 210,000
- Stamp duty (5.5%): Rs 11,550
- Registration fee (0.5%): Rs 1,050
- Transfer duty (1.5% municipal areas): Rs 3,150
Practical advice for buyers
- Cross-check the latest IGRS entry for CLASSIC RESIDENCY HANMANGAR-5 market value before paying token advances.
- For flats, compare built-up area pricing against Rs 1,500/sq.ft to understand how much is “premium” over guidance value.
- Verify approvals, mutation/EC, and boundary measurements to avoid value or registration issues.
