Padmarao Nagar-1 Market Value — Hyderabad (IGRS 1600002), Hyderabad Mandal, Hyderabad Division

IGRS Market Value in PADMARAO NAGAR-1, Hyderabad (2026)

As per Telangana IGRS guidance values (2026), the PADMARAO NAGAR-1 market value for Classification 01 (Residential) is Rs 44,900 per sq.yard for land. For apartments, the notified rate is uniform across levels: Ground floor Rs 3,500/sq.ft, First floor Rs 3,500/sq.ft, and Other floors Rs 3,500/sq.ft. This IGRS market value is the benchmark used by the Sub-Registrar for calculating stamp duty and registration charges, and it often sets the minimum value at which a document can be registered.

What it means for buyers and sellers

For buyers, the PADMARAO NAGAR-1 market value helps estimate statutory costs and reduces surprises at registration. For sellers, it influences buyer negotiations because properties registered below guidance value may face scrutiny or be disallowed.

Is PADMARAO NAGAR-1 premium or affordable within Hyderabad?

At Rs 44,900/sq.yd and Rs 3,500/sq.ft for apartments, PADMARAO NAGAR-1 typically sits in the mid-to-upper band for established Hyderabad localities—more premium than many peripheral suburbs, yet generally more approachable than the city’s top-tier micro-markets.

Registration cost estimate (example)

• Plot size: 100 sq.yard
• Guidance value: 100 × 44,900 = Rs 4,490,000
• Stamp duty (5.5%): Rs 2,46,950
• Registration fee (0.5%): Rs 22,450
• Transfer duty (1.5% municipal): Rs 67,350

Buyer advice for PADMARAO NAGAR-1

• Compare the quoted price with IGRS and recent deals; budget registration charges on the higher of agreement value or guidance value.
• For flats at Rs 3,500/sq.ft guidance, verify UDS, approvals, and occupancy status before finalizing.
• Check exact street/colony mapping in the SRO records to ensure the correct PADMARAO NAGAR-1 slab is applied.