Reddy Bazar-5 Market Value — Mattam Palli, Mattampalle Mandal, Suryapet
The IGRS Telangana market value of Reddy Bazar-5 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-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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REDDY BAZAR-5 Market Value — MATTAM PALLI, SURYAPET
IGRS Market Value of REDDY BAZAR-5, Mattam Palli (Mattampalle), Suryapet (2026)
As per Telangana IGRS guidance values in 2026, the REDDY BAZAR-5 market value in Mattam Palli village, Mattampalle mandal, Suryapet district is set under Classification 01 (Residential). The notified land guidance rate is Rs 1,700 per sq.yard. For apartments, the guidance value is uniform across floors: Ground floor Rs 1,300/sq.ft, First floor Rs 1,300/sq.ft, and Other floors Rs 1,300/sq.ft.
What this means for buyers and sellers
The REDDY BAZAR-5 market value is the benchmark used by the Sub-Registrar for registration and duty calculation. If your deal price is below IGRS, duties are typically calculated on the higher guidance value—so quoting below guidance rarely reduces total cost.
Premium or affordable within Mattam Palli?
Within Mattam Palli, a guidance rate of Rs 1,700/sq.yd positions REDDY BAZAR-5 as an affordable-to-mid band residential pocket rather than a premium micro-market, especially with apartment guidance holding at Rs 1,300/sq.ft across floors.
Registration cost estimate (example)
- Plot size: 100 sq.yards
- Guidance value: 100 × 1,700 = Rs 1,70,000
- Stamp duty (5.5%): Rs 9,350
- Registration fee (0.5%): Rs 850
- Transfer duty (1.5% in municipal areas): Rs 2,550
Buyer tips for REDDY BAZAR-5
- Match your budget to the REDDY BAZAR-5 market value and plan duties on guidance or sale price, whichever is higher.
- Verify classification as 01 (Residential), plot boundaries, and encumbrance status before paying advances.
- For flats, compare carpet vs built-up area since IGRS uses Rs 1,300/sq.ft uniformly across floors.
