Lakshmi Narasimha Nagar-1 Market Value
Lakshmi Narasimha Nagar-1 Market Value — Hyderabad (IGRS 1600002), Hyderabad Mandal, Hyderabad Division
The IGRS Telangana market value of Lakshmi Narasimha Nagar-1 in Hyderabad (IGRS 1600002), Hyderabad mandal, Hyderabad Division is Rs 37,400 per sq.yard for land. Apartment rates: Ground floor Rs 3,300/sq.ft, First floor Rs 3,300/sq.ft, Other floors Rs 3,300/sq.ft.
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 Lakshmi Narasimha Nagar-1 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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LAKSHMI NARASIMHA NAGAR-1 Market Value — Hyderabad, HYDERABAD DIVISION
IGRS Market Value in LAKSHMI NARASIMHA NAGAR-1, Hyderabad (2026)
As per Telangana IGRS guidance values (2026), the LAKSHMI NARASIMHA NAGAR-1 market value in Hyderabad village, Hyderabad mandal, Hyderabad Division district is set under Classification 01 (Residential). The notified land guidance rate is Rs 37,400 per sq.yard. For apartments, the guidance value is uniform across levels: Ground floor Rs 3,300/sq.ft, First floor Rs 3,300/sq.ft, and Other floors Rs 3,300/sq.ft. These IGRS values influence the minimum valuation used for property registration, and directly affect stamp duty and registration charges for buyers and sellers.
What the IGRS rate means for buyers and sellers
The LAKSHMI NARASIMHA NAGAR-1 market value is the government’s benchmark for registration. If a deal value is lower than IGRS, charges are typically calculated on the higher guidance value, impacting total acquisition cost and seller documentation.
Premium or affordable within Hyderabad?
At Rs 37,400/sq.yd for residential land and Rs 3,300/sq.ft for apartments, this locality sits in an affordable-to-mid segment by Hyderabad standards in 2026, rather than a top-tier premium band.
Registration cost estimate (municipal area example)
For a 100 sq.yard plot: value = Rs 3,740,000 (100 × 37,400). Charges:
- Stamp duty (5.5%): Rs 2,05,700
- Registration (0.5%): Rs 18,700
- Transfer duty (1.5%): Rs 56,100
Buyer advice for LAKSHMI NARASIMHA NAGAR-1
- Budget using the LAKSHMI NARASIMHA NAGAR-1 market value to avoid last-minute registration shortfalls.
- Match property type to guidance: plot at Rs 37,400/sq.yd vs apartment at Rs 3,300/sq.ft.
- Verify residential classification (01), title chain, and encumbrance status before finalizing.
