Neredavai Road Market Value — Neredavai, Mothey Mandal, Suryapet
The IGRS Telangana market value of Neredavai Road in Neredavai, Mothey mandal, Suryapet District is Rs 500 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 Neredavai Road 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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NEREDAVAI ROAD Market Value — NEREDAVAI, SURYAPET
IGRS Market Value of NEREDAVAI ROAD, Neredavai (Mothey), Suryapet District (2026)
As per Telangana IGRS guidance values (2026), the NEREDAVAI ROAD market value in Neredavai village, Mothey mandal, Suryapet district is Rs 500 per sq.yard for land. For apartments, the guidance rate is Rs 1,300 per sq.ft for ground floor, first floor, and other floors. The road is classified as 02 (Commercial), which typically supports shops, small offices, and mixed-use demand.
What this IGRS market value means for buyers and sellers
The NEREDAVAI ROAD market value is the government guidance value used to calculate registration charges and to benchmark declared sale consideration. Sellers often use it as a baseline, while buyers use it to estimate total transaction costs and negotiate transparently.
Is Neredavai Road premium or affordable within Neredavai?
With a commercial (02) classification and a clear apartment rate of Rs 1,300/sq.ft, Neredavai Road generally sits as a practical, affordable-to-mid option within Neredavai rather than a high-premium micro-market—especially for buyers seeking road-facing utility and rental potential.
Registration cost estimate (example)
- Plot size: 100 sq.yards
- Guidance value: 100 × Rs 500 = Rs 50,000
- Stamp duty (5.5%): Rs 2,750
- Registration fee (0.5%): Rs 250
- Transfer duty (1.5% in municipal areas): Rs 750
Buyer advice for Neredavai Road
- Match usage to 02 (Commercial) rules and verify setbacks/permissions before paying an advance.
- Compare your quoted price against the NEREDAVAI ROAD market value and negotiate based on frontage, access, and existing development.
- For apartments, use Rs 1,300/sq.ft as a guidance benchmark across floors and confirm UDS, approvals, and encumbrance status.
