Shaikpet-1 Market Value — Hyderabad (IGRS 1600001), Hyderabad Mandal, Hyderabad Division
The IGRS Telangana market value of Shaikpet-1 in Hyderabad (IGRS 1600001), Hyderabad mandal, Hyderabad Division is Rs 60,300 per sq.yard for land. Apartment rates: Ground floor Rs 4,500/sq.ft, First floor Rs 4,500/sq.ft, Other floors Rs 4,500/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 Shaikpet-1 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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SHAIKPET-1 Market Value — Hyderabad, HYDERABAD DIVISION
IGRS Market Value of SHAIKPET-1 (Hyderabad) in 2026
As per Telangana IGRS guidance values (2026), the SHAIKPET-1 market value under classification 01 (Residential) is set at Rs 60,300 per sq.yard for land. For apartments, the IGRS apartment rate is uniform at Rs 4,500 per sq.ft for Ground floor, First floor, and Other floors. This IGRS value is the government’s benchmark for calculating registration charges and is often used as a reference point in negotiations between buyers and sellers.
What it means for buyers and sellers
The SHAIKPET-1 market value impacts the minimum value on which stamp duty and registration are computed. If your deal price is higher than IGRS, charges apply on the higher amount; if lower, charges are typically calculated on the IGRS value.
Is SHAIKPET-1 premium within Hyderabad?
At Rs 60,300/sq.yd, SHAIKPET-1 falls in a premium bracket for Hyderabad residential land guidance values, reflecting strong end-user demand and established urban infrastructure. The flat apartment guidance of Rs 4,500/sq.ft also indicates a well-valued micro-market rather than an entry-level locality.
Registration cost estimate (municipal area example)
For a 100 sq.yard plot: total value = Rs 6,030,000 (100 × 60,300).
- Stamp duty (5.5%): Rs 3,31,650
- Registration (0.5%): Rs 30,150
- Transfer duty (1.5%): Rs 90,450
Buyer advice for SHAIKPET-1
- Use the SHAIKPET-1 market value to budget taxes and avoid last-minute shortfalls.
- Verify plot extent, approach road, and zoning before price finalization.
- For apartments, compare carpet area, approvals, and amenities against the Rs 4,500/sq.ft guidance rate.
