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

IGRS Market Value of NOORKHAN BAZAR-1, Hyderabad (2026)

As per Telangana IGRS (Registration & Stamps) guidance values in 2026, the NOORKHAN BAZAR-1 market value in Hyderabad village, HYDERABAD mandal, HYDERABAD DIVISION district is classified as 01 (Residential). The official guidance rates are Rs 26,700 per sq.yard for land and Rs 2,500 per sq.ft for apartments across Ground floor, First floor, and Other floors. These rates influence the minimum value considered for registration, stamp duty, and loan documentation—important for both buyers and sellers.

What the IGRS Rate Means for Buyers and Sellers

The IGRS guidance value is the government’s benchmark for property registration. If the deal value is lower than the guidance value, duties are typically calculated on the guidance value. For sellers, it sets a floor for documented consideration; for buyers, it affects total acquisition cost and registration outgo.

Premium or Affordable Within Hyderabad?

At Rs 26,700/sq.yd, the NOORKHAN BAZAR-1 market value reflects a mid-to-premium positioning within Hyderabad’s older, well-established residential pockets—generally not “budget,” yet often more attainable than top-tier prime micro-markets.

Registration Cost Estimate (Municipal Areas)

• Example plot: 100 sq.yard × Rs 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

Buyer Advice for NOORKHAN BAZAR-1

• Use the NOORKHAN BAZAR-1 market value to budget duties before negotiating the final price.
• Verify land use as Residential (01), and match apartment area calculations to the Rs 2,500/sq.ft guidance rate.
• Check title chain, encumbrance, and approved plans to avoid registration hurdles and future resale issues.