Reddy Bazar-2 Market Value — Mattam Palli, Mattampalle Mandal, Suryapet
The IGRS Telangana market value of Reddy Bazar-2 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-2 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-2 Market Value — MATTAM PALLI, SURYAPET
IGRS Market Value of REDDY BAZAR-2, Mattam Palli (2026)
As per Telangana IGRS guidance values (2026), the REDDY BAZAR-2 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 floor, first floor, and other floors. These values are used by the Sub-Registrar to calculate minimum property value for registration, stamp duty, and related charges—important for both buyers and sellers when budgeting and negotiating.
Is REDDY BAZAR-2 Premium or Affordable within Mattam Palli?
Within Mattam Palli, the REDDY BAZAR-2 market value indicates a mid-range, affordable residential pocket rather than a high-premium stretch. The uniform apartment rate (Rs 1,300/sq.ft across floors) also suggests stable, practical pricing suitable for end-users and small investors.
Registration Cost Estimate (Example)
For a 100 sq.yard plot at Rs 1,700/sq.yd, the guidance value is Rs 170,000.
- Stamp duty (5.5%): Rs 9,350
- Registration fee (0.5%): Rs 850
- Transfer duty (1.5% in municipal areas): Rs 2,550
Buyer Advice for REDDY BAZAR-2
- Compare your negotiated price with the REDDY BAZAR-2 market value to avoid under-valuation issues at registration.
- Verify land type, layout approvals, and road access before paying advances.
- For apartments, confirm built-up area calculations since the rate is per sq.ft.