Market Value of RECIDENCIAL, CHENNERAM, WANAPARTHY

IGRS RECIDENCIAL Market Value in Chenneram (Yedula Mandal), Wanaparthy District – 2026

As per Telangana IGRS guidance values (2026), the RECIDENCIAL market value in Chenneram village, Yedula mandal, Wanaparthy is set under classification 01 (Residential). The notified rates are Rs 600 per sq.yard for land and Rs 1,300 per sq.ft for apartments (Ground floor: Rs 1,300/sq.ft, First floor: Rs 1,300/sq.ft, Other floors: Rs 1,300/sq.ft). These IGRS values act as the minimum benchmark for property registration—helping buyers avoid overpaying on paper and ensuring sellers have a transparent base for negotiations.

Is RECIDENCIAL premium or affordable within Chenneram?

Within Chenneram, a land guidance value of Rs 600/sq.yd and uniform apartment rate of Rs 1,300/sq.ft positions RECIDENCIAL as an affordable-to-mid segment residential pocket rather than a premium micro-market. The consistent floor-wise apartment pricing also suggests stable, standardized valuation for typical residential construction.

Registration cost estimate (example)

For a 100 sq.yard plot at Rs 600/sq.yd, the value is Rs 60,000. Estimated charges:

• Stamp duty (4%): Rs 2,400
• Registration fee (0.5%): Rs 300
• Transfer duty (1.5% in municipal areas): Rs 900

Total of these three: Rs 3,600. Always confirm whether municipal transfer duty applies to your specific jurisdiction.

Buyer tips for RECIDENCIAL

• Use the RECIDENCIAL market value as a baseline, then compare with recent local deals for final pricing.
• Verify classification 01 (Residential), road access, and plot dimensions before agreement.
• For apartments, benchmark at Rs 1,300/sq.ft and check approvals, UDS, and occupancy status.