Commercial Market Value — Narsingapur, Madanapur Mandal, Wanaparthy
The IGRS Telangana market value of Commercial in Narsingapur, Madanapur mandal, Wanaparthy District is Rs 1,100 per sq.yard for land. Apartment rates: Ground floor Rs 1,300/sq.ft, First floor Rs 1,300/sq.ft, Other floors Rs 1,300/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 Commercial 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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COMMERCIAL Market Value — NARSINGAPUR, WANAPARTHY
IGRS COMMERCIAL Market Value in NARSINGAPUR, Madanapur (Wanaparthy) – 2026
As of 2026, the IGRS COMMERCIAL market value for Classification 02 (Commercial) in Narsingapur village, Madanapur mandal, Wanaparthy district, Telangana is set at Rs 1,100 per sq.yard for land. For built-up commercial apartment-style units, the notified rates are Rs 1,300 per sq.ft for ground floor, first floor, and other floors.
What the IGRS market value means for buyers and sellers
The IGRS value is the government-notified benchmark used to calculate registration charges and guide minimum valuation during property registration. For buyers, it impacts total acquisition cost. For sellers, it influences how the document value is assessed, especially when negotiating near-market pricing. Knowing the COMMERCIAL market value helps avoid under-valuation issues during registration.
Is Narsingapur a premium or affordable commercial pocket?
Within Narsingapur, the uniform commercial land rate of Rs 1,100/sq.yd and flat apartment rate of Rs 1,300/sq.ft indicate a steady, affordable-to-mid segment profile rather than a premium micro-market. The consistent floor-wise rate also suggests stable demand without steep premium for frontage or floor level in the notified schedule.
Registration cost estimate (example)
For a 100 sq.yard commercial plot: value = 100 × 1,100 = Rs 1,10,000.
- Stamp duty (5.5%): Rs 6,050
- Registration fee (0.5%): Rs 550
- Transfer duty (1.5% municipal areas): Rs 1,650
Practical advice for commercial buyers
- Match your budget to the notified COMMERCIAL market value and expected registration outgo.
- Verify classification as 02 (Commercial) in documents before paying advances.
- For built-up purchases, use Rs 1,300/sq.ft as the IGRS reference across floors and negotiate based on road access, parking, and rental potential.
