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

IGRS Market Value of GUNPARK-1 (Hyderabad Village, Hyderabad Mandal) in 2026

As per Telangana IGRS guidance values (2026), the GUNPARK-1 market value for Classification 01 (Residential) is set at Rs 44,900 per sq.yard for land. For apartments, the guidance rate is uniform across levels: Ground floor Rs 3,500/sq.ft, First floor Rs 3,500/sq.ft, and Other floors Rs 3,500/sq.ft. This IGRS market value is the benchmark used by the Sub-Registrar to calculate minimum registration value and duties, helping buyers and sellers avoid undervaluation issues during registration.

Is GUNPARK-1 Premium or Affordable within Hyderabad?

At Rs 44,900/sq.yd, the GUNPARK-1 market value places it in a mid-to-upper band for Hyderabad residential localities—typically more expensive than many peripheral layouts, yet generally below the most premium micro-markets. For apartment buyers, Rs 3,500/sq.ft is often considered relatively affordable compared to high-demand central and western corridors where market transacted rates can be significantly higher.

Registration Cost Estimate (Municipal Area Example)

For a 100 sq.yard plot: total value = 100 × 44,900 = Rs 4,490,000.

• Stamp duty (5.5%): Rs 2,46,950
• Registration fee (0.5%): Rs 22,450
• Transfer duty (1.5%): Rs 67,350

Buyer Advice for GUNPARK-1

• Verify classification (01 Residential) and ensure the document matches site use.
• Compare guidance vs market: negotiate based on recent transactions, not only IGRS.
• Budget duties upfront and keep a buffer for legal checks, EC, and mutation.