Prakash Nagar-1 Market Value — Hyderabad (IGRS 1600002), Hyderabad Mandal, Hyderabad Division
The IGRS Telangana market value of Prakash Nagar-1 in Hyderabad (IGRS 1600002), Hyderabad mandal, Hyderabad Division is Rs 44,900 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.
All Classifications
| Classification | Land Rate (Rs/sq.yd) | Ground Floor (Rs/sq.ft) | 1st Floor (Rs/sq.ft) | Other Floors (Rs/sq.ft) |
|---|---|---|---|---|
| 01(Residential) | 44,900 | 3,500 | 3,500 | 3,500 |
| 01(Residential) | 44,900 | 3,500 | 3,500 | 3,500 |
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 Prakash 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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PRAKASH NAGAR-1 Market Value — Hyderabad, HYDERABAD DIVISION
IGRS Market Value of PRAKASH NAGAR-1, Hyderabad (2026)
As of 2026, the PRAKASH NAGAR-1 market value as per Telangana IGRS (Stamps & Registration) for Classification 01 (Residential) in Hyderabad village, Hyderabad mandal, Hyderabad Division district is set at Rs 44,900 per sq.yard for land. For apartments, the notified rate is uniform at Rs 3,500 per sq.ft for ground floor, first floor, and other floors.
What this IGRS market value means
The IGRS rate is the government’s benchmark for property valuation used during registration. Buyers and sellers in PRAKASH NAGAR-1 typically cannot register below this value, which directly affects stamp duty and registration charges and helps reduce under-valuation in sale deeds.
Is PRAKASH NAGAR-1 premium or affordable within Hyderabad?
At Rs 44,900/sq.yd for residential land and Rs 3,500/sq.ft for apartments, the PRAKASH NAGAR-1 market value indicates a mid-to-upper band positioning within Hyderabad—more expensive than many peripheral growth corridors, yet generally below the city’s top premium micro-markets.
Registration cost estimate (example)
For a 100 sq.yard plot: total value = Rs 4,490,000. Charges in municipal areas:
- Stamp duty (5.5%): Rs 2,46,950
- Registration (0.5%): Rs 22,450
- Transfer duty (1.5%): Rs 67,350
Buyer advice for PRAKASH NAGAR-1
- Use the PRAKASH NAGAR-1 market value to benchmark negotiations and budget registration outgo.
- Verify land title chain, encumbrance status, and approved layout/building permissions.
- For apartments, confirm UDS (undivided share), occupancy certificate status, and floor-wise comparables despite the uniform IGRS rate.