Manovikas Nagar-1 Market Value — Hyderabad (IGRS 1600002), Hyderabad Mandal, Hyderabad Division
The IGRS Telangana market value of Manovikas Nagar-1 in Hyderabad (IGRS 1600002), Hyderabad mandal, Hyderabad Division is Rs 26,700 per sq.yard for land. Apartment rates: Ground floor Rs 2,500/sq.ft, First floor Rs 2,500/sq.ft, Other floors Rs 2,500/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 Manovikas 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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MANOVIKAS NAGAR-1 Market Value — Hyderabad, HYDERABAD DIVISION
IGRS Market Value of MANOVIKAS NAGAR-1, Hyderabad (2026)
As per Telangana IGRS (Stamps & Registration) guidance values in 2026, the MANOVIKAS NAGAR-1 market value in Hyderabad village, HYDERABAD mandal, HYDERABAD DIVISION district is set under Classification 01 (Residential). The notified land rate is Rs 26,700 per sq.yard. For apartments, the guidance rate is uniform at Rs 2,500 per sq.ft for ground floor, first floor, and other floors. These IGRS market values are used to compute registration charges and act as a benchmark to prevent undervaluation in sale deeds—buyers and sellers can transact above this, but typically not below for registration purposes.
Is MANOVIKAS NAGAR-1 Premium or Affordable Within Hyderabad?
Within the broader Hyderabad market, a residential guidance value of Rs 26,700/sq.yd generally positions the locality as mid-segment to relatively affordable compared to many high-demand prime corridors where guidance values tend to be significantly higher. The consistent apartment rate of Rs 2,500/sq.ft also indicates a budget-to-mid bracket for registration valuation, supporting end-user purchases.
Registration Cost Estimate (Municipal Area)
Example for a 100 sq.yard plot: Total value = 100 × 26,700 = Rs 2,670,000. Stamp duty @5.5% = Rs 1,46,850. Registration fee @0.5% = Rs 13,350. Transfer duty @1.5% = Rs 40,050. Total of these charges = Rs 2,00,250 (excluding other applicable fees).
Buyer Advice for MANOVIKAS NAGAR-1
- Use the MANOVIKAS NAGAR-1 market value to budget registration costs before negotiating price.
- Verify property classification as 01 (Residential) and match plot/apartment details with IGRS records.
- For apartments, confirm built-up area and floor details even though the guidance rate is the same across floors.
- Check encumbrance, approvals, and road width—these impact actual market price beyond guidance value.
