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

IGRS Market Value of CHATNI BAZAR-1, Hyderabad (2026)

As per Telangana IGRS guidance values (2026), the CHATNI BAZAR-1 market value in Hyderabad village, HYDERABAD mandal, HYDERABAD DIVISION district is classified as 01 (Residential). The notified rates are Rs 36,000 per sq.yard for land and Rs 3,000 per sq.ft for apartments (Ground floor: Rs 3,000/sq.ft, First floor: Rs 3,000/sq.ft, Other floors: Rs 3,000/sq.ft).

What this IGRS value means for buyers and sellers

The IGRS market value is the government’s benchmark for property registration. It directly impacts the minimum value on which stamp duty and registration fees are calculated. For sellers, it influences the “floor” price for registration; for buyers, it affects total transaction costs even if the negotiated price differs.

Is CHATNI BAZAR-1 premium or affordable within Hyderabad?

At Rs 36,000/sq.yd and Rs 3,000/sq.ft for apartments, the CHATNI BAZAR-1 market value typically sits in an affordable-to-mid bracket compared to many premium Hyderabad micro-markets where guidance values are often higher. This can suit end-users seeking central accessibility without top-tier pricing.

Registration cost estimate (municipal area example)

For a 100 sq.yard plot: total value = Rs 3,600,000 (100 × 36,000). Stamp duty @5.5% = Rs 1,98,000; registration @0.5% = Rs 18,000; transfer duty @1.5% = Rs 54,000. Total estimated statutory charges = Rs 2,70,000 (excluding other incidental costs).

Buyer advice for CHATNI BAZAR-1

• Verify classification: Ensure the property matches Residential (01) usage to avoid valuation disputes.
• Cross-check area measurements: Reconcile site dimensions (sq.yd) and built-up area (sq.ft) with approved plans.
• Budget correctly: Use the CHATNI BAZAR-1 market value to estimate duties, then compare with actual market quotes before finalizing.