Charminar-1 Market Value — Hyderabad (IGRS 1600002), Hyderabad Mandal, Hyderabad Division

IGRS CHARMINAR-1 Market Value in Hyderabad (2026)

As of 2026, the CHARMINAR-1 market value in Hyderabad village, HYDERABAD mandal, HYDERABAD DIVISION district, Telangana (IGRS guideline value) is set under Classification 01 (Residential). The notified land rate is Rs 26,700 per sq.yard. For apartments, the IGRS rates are uniform at Rs 2,500 per sq.ft for Ground floor, First floor, and Other floors.

What the IGRS market value means for buyers and sellers

The CHARMINAR-1 market value is the government’s benchmark used to calculate registration charges and assess declared consideration. Buyers should treat it as the minimum reference for compliant registration, while sellers can use it to set realistic expectation bands—especially when negotiating with bank-funded buyers.

Is CHARMINAR-1 premium or affordable within Hyderabad?

At Rs 26,700/sq.yd for residential land and Rs 2,500/sq.ft for apartments, CHARMINAR-1 typically sits in an affordable-to-mid bracket within Hyderabad when compared to higher-priced prime micro-markets. The steady apartment rate across floors also signals a standardized IGRS approach rather than a luxury premium.

Registration cost estimate (municipal area example)

For a 100 sq.yard plot: total value = Rs 2,670,000.

• Stamp duty (5.5%): Rs 1,46,850
• Registration (0.5%): Rs 13,350
• Transfer duty (1.5%): Rs 40,050

Buyer advice for CHARMINAR-1

• Verify the property falls under Residential (01) and matches the exact CHARMINAR-1 rate map location.
• Budget registration costs on IGRS value even if the negotiated price differs.
• For flats, use Rs 2,500/sq.ft as the baseline while checking approvals, UDS, and building age.

Tracking the CHARMINAR-1 market value helps buyers plan cash flow, avoid under-valuation issues, and negotiate with clearer benchmarks.