Neelapalle Market Value 2026 — Basheerabad Mandal, Vikarabad District
The market value of land in Neelapalle, Basheerabad mandal, Vikarabad District is Rs 500 per sq.yard as per IGRS Telangana (effective 1 Feb 2022). The IGRS register lists 2 localities in this village (2 schedule rate records).
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 Neelapalle village 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.
| Locality | Land Rate (Rs/sq.yd) | Ground Floor (Rs/sq.ft) | 1st Floor (Rs/sq.ft) | Other Floors (Rs/sq.ft) | Classification |
|---|---|---|---|---|---|
| NEELAPALLE | 500 | 1,500 | 1,500 | 1,500 | 01(Residential) |
| NEELAPALLE-3 | 500 | 1,500 | 1,500 | 1,500 | 02(Commercial) |
| Habitation | Nature of Use | Rate (Rs/acre) |
|---|---|---|
| NEELAPALLE | Dry land | 100,000 |
| NEELAPALLE | Wet Land double crop | 100,000 |
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IGRS NEELAPALLE Market Value in Basheerabad, Vikarabad (Telangana)
NEELAPALLE is a village located in BASHEERABAD mandal of VIKARABAD district, Telangana. For buyers and sellers tracking government-guided property rates, the IGRS (Integrated Grievance Redressal System/Registration & Stamps portal) data helps estimate official “market value” used during property registration. Checking the NEELAPALLE market value is especially useful when planning a sale deed, gift deed, or transfer.
NEELAPALLE market value range and what it means
As per available IGRS inputs for NEELAPALLE, the recorded land rate across 2 localities shows a market value range of Rs 500 to Rs 500 per sq. yard. In practical terms, this indicates a uniform guidance value in the listed areas. For property buyers, this rate is important because it can influence the minimum value considered for registration and the calculation of statutory charges.
Types of IGRS data available for NEELAPALLE
- Schedule rates / guidance values for listed localities within the village
- Agricultural / non-schedule land rates (available), useful for farmland and non-layout parcels
- Apartment values (where applicable in IGRS records), supporting flat registrations in mapped areas
Using NEELAPALLE market value for property registration
When registering property in NEELAPALLE, buyers typically compare the agreement price with the IGRS guidance value and prepare documentation accordingly. Based on the value considered for registration, the key government charges to plan for are:
- Stamp Duty: 5.5%
- Registration Fee: 0.5%
Before executing a deed, verify the exact locality entry in the portal (one of the 2 mapped localities) and confirm whether the transaction falls under schedule or agricultural/non-schedule categories. This ensures the NEELAPALLE market value is applied correctly and avoids delays at the Sub-Registrar Office.
