Patel Market-1 Market Value — Hyderabad (IGRS 1600002), Hyderabad Mandal, Hyderabad Division
The IGRS Telangana market value of Patel Market-1 in Hyderabad (IGRS 1600002), Hyderabad mandal, Hyderabad Division is Rs 40,600 per sq.yard for land. Apartment rates: Ground floor Rs 3,500/sq.ft, First floor Rs 3,500/sq.ft, Other floors Rs 3,500/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 Patel Market-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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PATEL MARKET-1 Market Value — Hyderabad, HYDERABAD DIVISION
IGRS Market Value in PATEL MARKET-1, Hyderabad (2026)
As of 2026, the PATEL MARKET-1 market value in Hyderabad village, HYDERABAD mandal, HYDERABAD DIVISION district, Telangana is notified under IGRS (Stamps & Registration) as Rs 40,600 per sq.yard for land. For apartments, the IGRS guidance rate is Rs 3,500 per sq.ft for Ground floor, First floor, and Other floors. The locality is classified as 01 (Residential).
What this PATEL MARKET-1 market value means
IGRS market value is the government guidance value used to calculate registration charges and stamp duty. Buyers and sellers in PATEL MARKET-1 should note that documents are typically registered at or above this value; quoting below it can increase scrutiny and may trigger higher duty based on guidance value.
Premium or affordable within Hyderabad?
At Rs 40,600/sq.yd for residential land and Rs 3,500/sq.ft for apartments, the PATEL MARKET-1 market value generally indicates an affordable-to-mid segment pocket within Hyderabad compared to many premium micro-markets that command higher guidance values.
Registration cost estimate (municipal area)
- Example plot: 100 sq.yard × Rs 40,600 = Rs 40,60,000
- Stamp duty (5.5%): Rs 2,23,300
- Registration fee (0.5%): Rs 20,300
- Transfer duty (1.5%): Rs 60,900
- Total of these charges: Rs 3,04,500 (excluding other applicable fees)
Advice for buyers in PATEL MARKET-1
- Compare quoted price with the PATEL MARKET-1 market value to judge premium and negotiation scope.
- Verify title chain, EC, approved layout/building permissions, and road width before token advance.
- For apartments, confirm floor-wise valuation at Rs 3,500/sq.ft and check UDS, amenities, and occupancy certificate status.
