Market Value of SHASTRI NAGAR-1, Hyderabad, HYDERABAD DIVISION
The IGRS Telangana market value of SHASTRI NAGAR-1 in Hyderabad, HYDERABAD, HYDERABAD DIVISION is Rs 26,700 per sq.yard for land. Apartment rates: Ground floor Rs 2,500/sq.ft, First floor Rs 2,500/sq.ft, Other floors Rs 2,500/sq.ft.
All Classifications
| Classification | Land Rate (Rs/sq.yd) | Ground Floor (Rs/sq.ft) | 1st Floor (Rs/sq.ft) | Other Floors (Rs/sq.ft) |
|---|---|---|---|---|
| 01(Residential) | 26,700 | 2,500 | 2,500 | 2,500 |
| 01(Residential) | 32,200 | 2,800 | 2,800 | 2,800 |
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SHASTRI NAGAR-1 Market Value — Hyderabad, HYDERABAD DIVISION
IGRS Market Value in SHASTRI NAGAR-1, Hyderabad (2026)
As per Telangana IGRS guidance values (2026), the SHASTRI NAGAR-1 market value in Hyderabad village, HYDERABAD mandal, HYDERABAD DIVISION district is Rs 26,700 per sq.yard for land under classification 01 (Residential). For apartments, the guidance rate is uniform at Rs 2,500 per sq.ft for ground floor, first floor, and other floors. This IGRS market value is the benchmark used by the Sub-Registrar for minimum valuation during registration, helping buyers and sellers estimate registration charges and avoid undervaluation issues.
Is SHASTRI NAGAR-1 a Premium or Affordable Hyderabad Locality?
Within Hyderabad, a land guidance value of Rs 26,700/sq.yd generally places SHASTRI NAGAR-1 in a mid-to-upper bracket—not the city’s highest premium micro-markets, but clearly above many peripheral residential zones. The consistent apartment rate of Rs 2,500/sq.ft signals a practical, budget-aligned guidance level for flat registrations compared to core premium corridors.
Registration Cost Estimate (Municipal Area)
Example for a 100 sq.yard residential plot: total value = 100 × 26,700 = Rs 26,70,000.
- Stamp duty (4%): Rs 1,06,800
- Registration fee (0.5%): Rs 13,350
- Transfer duty (1.5%): Rs 40,050
Total of these charges: Rs 1,60,200 (excluding other applicable fees).
Buyer Advice for SHASTRI NAGAR-1
- Use the SHASTRI NAGAR-1 market value to plan cash flow for duties and registration.
- Compare the quoted price with guidance value; big gaps should be justified by road width, corner plot, or approvals.
- For flats, verify built-up area basis and ensure the sale deed aligns with the Rs 2,500/sq.ft IGRS rate.
Tracking the SHASTRI NAGAR-1 market value alongside recent transactions helps negotiate better and register smoothly.