Reddy Bazar-1 Market Value — Mattam Palli, Mattampalle Mandal, Suryapet
The IGRS Telangana market value of Reddy Bazar-1 in Mattam Palli, Mattampalle mandal, Suryapet District is Rs 1,700 per sq.yard for land. Apartment rates: Ground floor Rs 1,300/sq.ft, First floor Rs 1,300/sq.ft, Other floors Rs 1,300/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 Reddy Bazar-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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REDDY BAZAR-1 Market Value — MATTAM PALLI, SURYAPET
IGRS Market Value of REDDY BAZAR-1, Mattam Palli (2026)
As per Telangana IGRS guidance values (2026), the REDDY BAZAR-1 market value in Mattam Palli village, Mattampalle mandal, Suryapet district is classified as 01 (Residential). The notified rates are Rs 1,700 per sq.yard for land and Rs 1,300 per sq.ft for apartments across ground, first, and other floors. These values are used by the registration department to calculate minimum document value for sale deeds, gift deeds, and related registrations—directly impacting stamp duty and registration charges for both buyers and sellers.
Is REDDY BAZAR-1 premium or affordable within Mattam Palli?
Within Mattam Palli’s residential pockets, a guidance value of Rs 1,700/sq.yd positions REDDY BAZAR-1 as a practically affordable, mid-band locality rather than a high-premium corridor. For many end-users, this helps keep registration costs predictable while still supporting steady resale liquidity due to clear IGRS benchmarking.
Registration cost estimate (example)
For a 100 sq.yard plot at Rs 1,700/sq.yd, total value = Rs 170,000.
- Stamp duty (5.5%): Rs 9,350
- Registration (0.5%): Rs 850
- Transfer duty (1.5%, municipal areas): Rs 2,550
Total of these = Rs 12,750 (excluding any other applicable fees). This is a key planning input when negotiating based on REDDY BAZAR-1 market value.
Buyer tips for REDDY BAZAR-1
- Match quoted price with the REDDY BAZAR-1 market value and recent local deals before finalizing.
- Verify EC, link documents, and site boundaries; ensure land use aligns with Residential (01).
- For apartments, apply Rs 1,300/sq.ft consistently across floors while checking approvals and undivided share (UDS).