Commercial Market Value — Shankarampeta, Madanapur Mandal, Wanaparthy
The IGRS Telangana market value of Commercial in Shankarampeta, 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.
Other Localities in Shankarampeta, Madanapur
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COMMERCIAL Market Value — SHANKARAMPETA, WANAPARTHY
IGRS COMMERCIAL Market Value in Shankarampeta (Madanapur, Wanaparthy) – 2026
As of 2026, the IGRS (Registration & Stamps) COMMERCIAL market value for Shankarampeta village, Madanapur mandal, Wanaparthy district is classified as 02 (Commercial). The notified rates are: land at Rs 1,100 per sq.yard and apartments at Rs 1,300 per sq.ft across ground floor, first floor, and other floors. These IGRS values are the government benchmark used to calculate registration charges and guide minimum valuation during property registration—important for both buyers and sellers to plan budgets and avoid undervaluation issues.
Is Shankarampeta Commercial Rate Premium or Affordable?
Within Shankarampeta, the notified commercial land rate of Rs 1,100/sq.yd indicates an affordable-to-mid pricing band for commercial use in a village market context. The uniform apartment rate of Rs 1,300/sq.ft across floors also suggests stable demand without a high “floor premium,” supporting practical budgeting for small offices, shops, and mixed-use units.
Registration Cost Estimate (Example)
For a 100 sq.yard commercial plot at Rs 1,100/sq.yd, total value = Rs 110,000.
- Stamp duty (5.5%): Rs 6,050
- Registration fee (0.5%): Rs 550
- Transfer duty (1.5% in municipal areas): Rs 1,650
Total of these charges (excluding other costs) = Rs 8,250. Use the applicable local jurisdiction to confirm whether transfer duty applies.
Buyer Advice for Commercial Property
- Compare the quoted price with the COMMERCIAL market value to assess whether you’re paying a premium.
- Verify land use, approach road, and title continuity—commercial utility depends on access and clear ownership.
- Budget registration charges upfront and keep a buffer if the transaction value exceeds the IGRS benchmark.
Tracking the COMMERCIAL market value helps negotiate better and register smoothly in Shankarampeta.
