Market Value of RESIDENTIAL, CHENNUR, WANAPARTHY

IGRS RESIDENTIAL Market Value in Chennur (Gopalpet), Wanaparthy District, Telangana – 2026

As of 2026, the Telangana IGRS (Stamps & Registration) RESIDENTIAL market value for Classification 01 (Residential) in Chennur village, Gopalpet mandal, Wanaparthy district is set at Rs 900 per sq.yard for land. For apartments, the notified values are uniform across levels: Ground floor Rs 1,300/sq.ft, First floor Rs 1,300/sq.ft, and Other floors Rs 1,300/sq.ft. These IGRS rates act as the government’s benchmark for calculating registration charges and are commonly used to assess whether the declared price is reasonable during registration.

What it means for buyers and sellers

For buyers, the RESIDENTIAL market value influences stamp duty and registration fees, even if you negotiate a lower deal price. For sellers, it shapes buyer expectations and impacts how quickly a property can be transacted when market prices hover near guidance values.

Is Chennur premium or affordable within Chennur?

Within Chennur’s residential classification, the notified land rate of Rs 900/sq.yd and apartment rate of Rs 1,300/sq.ft indicate an affordable-to-mid positioning rather than a premium bracket, especially since apartment values are the same across floors (no premium loading for higher floors).

Registration cost estimate (example)

• Plot size: 100 sq.yard
• IGRS value: 100 × Rs 900 = Rs 90,000
• Stamp duty @ 4%: Rs 3,600
• Registration fee @ 0.5%: Rs 450
• Transfer duty @ 1.5% (municipal areas): Rs 1,350

Buyer advice for Residential property

• Use the RESIDENTIAL market value to budget charges before finalizing price negotiations.
• Verify classification as 01 (Residential) and match plot/apartment measurements to avoid valuation disputes.
• For apartments at Rs 1,300/sq.ft, compare amenities and approvals since floor-wise IGRS pricing is flat.