Market Value of RESIDENTIAL, NIRVEN, WANAPARTHY

IGRS RESIDENTIAL Market Value in Nirven, Kothakota Mandal (Wanaparthy) – 2026

As per Telangana IGRS guidance values (2026), the RESIDENTIAL market value for Nirven village, Kothakota mandal, Wanaparthy district under classification 01 (Residential) is set at Rs 900 per sq.yard for land. For apartments, the guidance is uniform across floors: Ground floor Rs 1,300/sq.ft, First floor Rs 1,300/sq.ft, and Other floors Rs 1,300/sq.ft.

What this RESIDENTIAL market value means

The IGRS guidance value is the government-notified benchmark used to calculate registration charges and to flag undervaluation. Buyers and sellers can negotiate the market price, but registration typically cannot be done below the notified RESIDENTIAL market value without scrutiny.

Is Nirven premium or affordable within Nirven?

Within Nirven’s residential classification, the land rate of Rs 900/sq.yd and apartment rate of Rs 1,300/sq.ft indicate an affordable, entry-level guidance band rather than a premium pocket—especially since apartment pricing is identical across floors, suggesting stable, non-premium differentiation.

Registration cost estimate (example)

For a 100 sq.yard residential plot: total value = Rs 90,000 (100 × 900). Charges:

• Stamp duty (4%): Rs 3,600
• Registration (0.5%): Rs 450
• Transfer duty (1.5% in municipal areas): Rs 1,350

Advice for buyers

• Verify the property falls under 01 (Residential) and matches the correct survey/door details in IGRS.
• Budget for registration charges on guidance value even if you negotiate a lower deal price.
• For apartments, compare carpet area vs built-up area since the rate is per sq.ft at Rs 1,300 across floors.