Residential/Yerragadda Bazar Market Value
Residential/Yerragadda Bazar Market Value — Kandibanda, Mellacheruvu Mandal, Suryapet
The IGRS Telangana market value of Residential/Yerragadda Bazar in Kandibanda, Mellacheruvu mandal, Suryapet District is Rs 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 Residential/Yerragadda Bazar 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.
Other Localities in Kandibanda, Mellacheruvu
Residential/Chinthala Bazar
Residential/Gandhinagar
Residential/Grama Panchayathi Bazar
Residential/Gudi /Temple Bazar
Residential/Main Road / SC Colony
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RESIDENTIAL/YERRAGADDA BAZAR Market Value — KANDIBANDA, SURYAPET
IGRS Market Value 2026: RESIDENTIAL/YERRAGADDA BAZAR, Kandibanda (Mellacheruvu), Suryapet
As per Telangana IGRS (Inspector General of Registration & Stamps) guidance values in 2026, the RESIDENTIAL/YERRAGADDA BAZAR market value in Kandibanda village, Mellacheruvu mandal, Suryapet district is classified as 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). These values are used to calculate registration charges and act as the minimum benchmark for property registration.
What it means for buyers and sellers
For buyers, the RESIDENTIAL/YERRAGADDA BAZAR market value helps estimate total acquisition cost and ensures the sale deed is registered at or above the guidance value. For sellers, it influences buyer expectations and provides a reference point during negotiations, especially for bank valuation and loan processing.
Premium or affordable within Kandibanda?
At Rs 700/sq.yd for residential land, this pocket is generally considered affordable within Kandibanda, suitable for end-users planning independent houses or budget plots. Uniform apartment guidance at Rs 1,300/sq.ft also signals a steady, entry-level pricing band rather than a premium micro-market.
Registration cost estimate (example)
- Plot size: 100 sq.yards
- Guidance value: 100 × Rs 700 = Rs 70,000
- Stamp duty (5.5%): Rs 3,850
- Registration fee (0.5%): Rs 350
- Transfer duty (1.5% municipal areas): Rs 1,050
Buyer advice for Yerragadda Bazar
- Register at or above the RESIDENTIAL/YERRAGADDA BAZAR market value to avoid valuation objections.
- Verify classification 01 (Residential), plot boundaries, and encumbrance status before paying advances.
- For apartments, confirm built-up area calculations since the rate is Rs 1,300/sq.ft across all floors.
- Budget for duties/fees in addition to the sale price, and keep documents ready for smoother registration in Suryapet district.
