L Narayan Nagar-1 Market Value — Hyderabad (IGRS 1600002), Hyderabad Mandal, Hyderabad Division

IGRS Market Value in L NARAYAN NAGAR-1, Hyderabad (2026)

As per Telangana IGRS guidance values (2026), the L NARAYAN NAGAR-1 market value in Hyderabad village, HYDERABAD mandal, HYDERABAD DIVISION district is classified as 01 (Residential). The notified rates are Rs 26,700 per sq.yard for land and Rs 2,500 per sq.ft for apartments across ground, first, and other floors. This IGRS market value is the government reference used to calculate registration charges and typically sets the minimum value for document registration.

What it means for buyers and sellers

For buyers, the L NARAYAN NAGAR-1 market value influences stamp duty and registration outgo. For sellers, it impacts how low a sale value can be shown in the sale deed for registration. In many transactions, actual market price may be higher, but registration is commonly benchmarked to IGRS guidance.

Premium or affordable within Hyderabad?

At Rs 26,700/sq.yd (about Rs 2.22 crore per acre) and apartments at Rs 2,500/sq.ft, L NARAYAN NAGAR-1 sits in the affordable-to-mid band for Hyderabad’s residential localities, especially compared to prime western micro-markets where guidance values are typically higher.

Registration cost estimate (example)

• Plot size: 100 sq.yard
• Guidance value: 100 × 26,700 = Rs 2,670,000
• Stamp duty (5.5%): Rs 1,46,850
• Registration (0.5%): Rs 13,350
• Transfer duty (1.5% municipal): Rs 40,050

Buyer advice for L NARAYAN NAGAR-1

• Budget registration costs using the IGRS value even if you negotiate a different price.
• For flats, use Rs 2,500/sq.ft guidance across floors when estimating charges.
• Verify zoning, title chain, and encumbrance details before finalizing the deal.