Charminar to Chowk-2 Market Value — Hyderabad (IGRS 1600002), Hyderabad Mandal, Hyderabad Division
The IGRS Telangana market value of Charminar to Chowk-2 in Hyderabad (IGRS 1600002), Hyderabad mandal, Hyderabad Division is Rs 40,600 per sq.yard for land. Apartment rates: Ground floor Rs 4,800/sq.ft, First floor Rs 4,800/sq.ft, Other floors Rs 4,800/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) |
|---|---|---|---|---|
| 02(Commercial) | 40,600 | 4,800 | 4,800 | 4,800 |
| 02(Commercial) | 40,600 | 4,800 | 4,800 | 4,800 |
| 02(Commercial) | 40,600 | 4,800 | 4,800 | 4,800 |
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 Charminar to Chowk-2 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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CHARMINAR TO CHOWK-2 Market Value — Hyderabad, HYDERABAD DIVISION
IGRS Market Value of CHARMINAR TO CHOWK-2 (Hyderabad) in 2026
As per Telangana IGRS guidance values (2026), the CHARMINAR TO CHOWK-2 market value in Hyderabad village, HYDERABAD mandal, HYDERABAD DIVISION district is set at Rs 40,600 per sq.yard for land. For apartments, the guidance rate is Rs 4,800 per sq.ft for ground floor, first floor, and other floors. The locality is classified as 02 (Commercial), which typically supports higher guidance values due to business footfall and rental potential.
What this market value means for buyers and sellers
The CHARMINAR TO CHOWK-2 market value is the minimum benchmark used for property registration and stamp duty calculations. If your deal value is lower than the IGRS rate, registration charges are usually computed on the guidance value, impacting total transaction costs for buyers and the declared consideration for sellers.
Premium or affordable within Hyderabad?
Given its commercial classification and proximity to the Charminar–Chowk core, CHARMINAR TO CHOWK-2 is generally viewed as a premium, high-activity micro-market compared to many residential-dominant localities in Hyderabad. The uniform apartment rate across floors also indicates stable demand and standardized valuation.
Registration cost estimate (example)
For a 100 sq.yard plot: total value = Rs 4,060,000 (100 × 40,600). Stamp duty @5.5% = Rs 2,23,300; registration @0.5% = Rs 20,300; transfer duty @1.5% (municipal areas) = Rs 60,900. Total of these = Rs 3,04,500 (excluding other applicable fees).
Buyer advice for CHARMINAR TO CHOWK-2
- Validate land use: Ensure the commercial classification matches intended use and permissions.
- Budget for guidance-based charges: Plan costs using the CHARMINAR TO CHOWK-2 market value, not just negotiated price.
- Check title and approach roads: Prioritize clear title, right-of-way, and compliant building approvals in the Old City zone.