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

IGRS Market Value in LAXMINAGAR-PICKET-1, Hyderabad (2026)

As per Telangana IGRS (Registration & Stamps) guidance values in 2026, the LAXMINAGAR-PICKET-1 market value in Hyderabad village, HYDERABAD mandal, HYDERABAD DIVISION district is classified as 01 (Residential). The notified guidance rates are Rs 26,700 per sq.yard for land and Rs 2,500 per sq.ft for apartments (Ground floor: Rs 2,500/sq.ft; First floor: Rs 2,500/sq.ft; Other floors: Rs 2,500/sq.ft).

What the IGRS market value means for buyers and sellers

The LAXMINAGAR-PICKET-1 market value is the government guidance value used to calculate stamp duty and registration charges. If your deal value is lower than the guidance value, registration is typically computed on the guidance value; if higher, it is computed on the higher consideration.

Premium or affordable within Hyderabad?

At Rs 26,700/sq.yd for residential land and Rs 2,500/sq.ft for apartments, LAXMINAGAR-PICKET-1 generally sits in an affordable-to-mid segment compared with many premium Hyderabad micro-markets where guidance values and transacted prices trend higher. This positioning can benefit end-users seeking city connectivity without top-tier pricing.

Registration cost estimate (municipal area example)

• Plot size: 100 sq.yards
• Total 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%): Rs 40,050
• Total of these charges: Rs 2,00,250

Buyer advice for LAXMINAGAR-PICKET-1

• Use the LAXMINAGAR-PICKET-1 market value to budget registration costs before negotiating.
• Verify land use as Residential (01) and match plot/apartment details to the correct guidance category.
• For apartments, note the uniform Rs 2,500/sq.ft rate across floors; still check approvals, UDS, and occupancy status.