Old Lancer-1 Market Value — Hyderabad (IGRS 1600002), Hyderabad Mandal, Hyderabad Division
The IGRS Telangana market value of Old Lancer-1 in Hyderabad (IGRS 1600002), Hyderabad mandal, Hyderabad Division is Rs 36,000 per sq.yard for land. Apartment rates: Ground floor Rs 3,000/sq.ft, First floor Rs 3,000/sq.ft, Other floors Rs 3,000/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 Old Lancer-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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OLD LANCER-1 Market Value — Hyderabad, HYDERABAD DIVISION
IGRS Market Value of OLD LANCER-1 (Hyderabad) in 2026
The OLD LANCER-1 market value shown on Telangana IGRS is the government-notified benchmark rate used for property registration in Hyderabad village, HYDERABAD mandal, HYDERABAD DIVISION district. As of 2026, OLD LANCER-1 is classified as 01 (Residential), with a land rate of Rs 36,000 per sq.yard. For apartments, the IGRS rate is uniform at Rs 3,000 per sq.ft for Ground floor, First floor, and Other floors.
What this means for buyers and sellers
IGRS market value directly impacts the minimum value on which stamp duty and registration charges are calculated. If your agreement value is lower than the OLD LANCER-1 market value, registration costs are typically computed on the higher IGRS value—affecting total acquisition cost and sale proceeds planning.
Is OLD LANCER-1 premium or affordable within Hyderabad?
At Rs 36,000/sq.yd (and Rs 3,000/sq.ft for apartments), OLD LANCER-1 generally sits in the mid-to-upper pricing band for established Hyderabad residential pockets—more premium than peripheral suburbs, yet often more accessible than the city’s top-tier micro-markets.
Registration cost estimate (municipal areas)
- Example plot: 100 sq.yd × Rs 36,000 = Rs 3,600,000
- Stamp duty (5.5%): Rs 1,98,000
- Registration (0.5%): Rs 18,000
- Transfer duty (1.5%): Rs 54,000
Buyer tips for OLD LANCER-1
- Budget using the OLD LANCER-1 market value to avoid surprises at registration.
- Verify approved layout/building permissions and encumbrance status before paying advances.
- For apartments, compare carpet area vs. saleable area since IGRS uses per sq.ft benchmarks.