Neelapalle-3 Market Value — Neelapalle, Basheerabad Mandal, Vikarabad
The IGRS Telangana market value of Neelapalle-3 in Neelapalle, Basheerabad mandal, Vikarabad District is Rs 500 per sq.yard for land. Apartment rates: Ground floor Rs 1,500/sq.ft, First floor Rs 1,500/sq.ft, Other floors Rs 1,500/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 Neelapalle-3 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 Neelapalle, Basheerabad
Need Complete Property Verification?
Get ownership details, EC records, survey sketch, zone checks, geo-insights & AI analysis - all in one place
NEELAPALLE-3 Market Value — NEELAPALLE, VIKARABAD
IGRS Market Value of NEELAPALLE-3, Neelapalle (Basheerabad), Vikarabad District (2026)
As per Telangana IGRS guidance values (2026), the NEELAPALLE-3 market value in NEELAPALLE village, BASHEERABAD mandal, VIKARABAD district is set at Rs 500 per sq.yard for land. For apartments, the guidance is uniform at Rs 1,500 per sq.ft for ground floor, first floor, and other floors. The locality is classified as 02 (Commercial), which typically influences valuation and buyer interest for shop-fronts, mixed-use plots, and business-ready sites.
What this IGRS value means for buyers and sellers
The NEELAPALLE-3 market value is the benchmark used by Sub-Registrar Offices to calculate minimum property value for registration. Sellers can use it to set realistic expectations, while buyers should note that stamp duty and registration charges are computed on the higher of agreement value or IGRS value.
Is NEELAPALLE-3 premium or affordable within Neelapalle?
With land at Rs 500/sq.yd and apartments at Rs 1,500/sq.ft, NEELAPALLE-3 remains an affordable, guidance-aligned pocket in Neelapalle—especially compared to high-demand commercial corridors in larger towns—while still benefiting from a commercial classification.
Registration cost estimate (example)
For a 100 sq.yard plot at Rs 500/sq.yd: total value = Rs 50,000. Estimated charges:
- Stamp duty (5.5%): Rs 2,750
- Registration fee (0.5%): Rs 250
- Transfer duty (1.5%, municipal areas): Rs 750
Buyer advice for NEELAPALLE-3
- Verify survey number, road access, and land use suitability for 02 (Commercial) parcels.
- Budget using the NEELAPALLE-3 market value to avoid last-minute registration shortfalls.
- For apartments, confirm built-up area calculations since all floors are guided at Rs 1,500/sq.ft.
