Banapur-3 Market Value — Banapur, Yelal Mandal, Vikarabad
The IGRS Telangana market value of Banapur-3 in Banapur, Yelal 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 Banapur-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.
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BANAPUR-3 Market Value — BANAPUR, VIKARABAD
IGRS Market Value of BANAPUR-3, Banapur (Yelal), Vikarabad District (2026)
As per Telangana IGRS guidance values in 2026, the BANAPUR-3 market value in Banapur village, Yelal mandal, Vikarabad district is set at Rs 500 per sq.yard for land. For apartments, the guidance rate 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 supports higher activity-led pricing and stronger resale/rental potential along main access roads.
What this IGRS rate means for buyers and sellers
The IGRS (guidance) value is the minimum benchmark used to calculate registration charges and stamp duty. Buyers should note that registration is generally done on the higher of the sale price or guidance value. Sellers can use the BANAPUR-3 market value as a baseline for negotiations, especially for legally clear plots and commercial-use assets.
Is BANAPUR-3 premium or affordable within Banapur?
At Rs 500/sq.yd, BANAPUR-3 is positioned as an affordable guidance-value pocket within Banapur, while still benefiting from a commercial classification. This makes the BANAPUR-3 market value attractive for budget-conscious buyers planning shops, small commercial buildings, or mixed-use investments (as per permissions).
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
Practical advice for BANAPUR-3 buyers
- Confirm survey number, extent, and encumbrance details before finalizing.
- Match the intended use with 02 (Commercial) classification and local permissions.
- Budget beyond guidance charges for documentation, mutation, and layout compliance checks.
