Sastrynagar Colony-Lalbazar-1 Market Value — Hyderabad (IGRS 1600002), Hyderabad Mandal, Hyderabad Division

IGRS Market Value in SASTRYNAGAR COLONY-LALBAZAR-1, Hyderabad (2026)

As per Telangana IGRS guidance values (2026), the SASTRYNAGAR COLONY-LALBAZAR-1 market value in Hyderabad village, HYDERABAD mandal, HYDERABAD DIVISION district is classified as 01 (Residential). The notified land rate is Rs 26,700 per sq.yard. For apartments, the guidance rate is uniform across levels: Ground floor Rs 2,500/sq.ft, First floor Rs 2,500/sq.ft, and Other floors Rs 2,500/sq.ft.

What this IGRS market value means for buyers and sellers

IGRS market value is the government’s benchmark used to calculate registration charges and to prevent undervaluation in sale deeds. In practice, the SASTRYNAGAR COLONY-LALBAZAR-1 market value sets the minimum value on which stamp duty and registration are computed, even if the negotiated price differs.

Premium or affordable within Hyderabad?

At Rs 26,700/sq.yd for land and Rs 2,500/sq.ft for apartments, this guidance value positions the locality as a mid-to-upper bracket residential pocket—typically more expensive than many peripheral suburbs, yet generally below the city’s top premium micro-markets.

Registration cost estimate (example)

For a 100 sq.yard plot: total value = Rs 26,70,000. Charges in municipal areas:

• Stamp duty (5.5%): Rs 1,46,850
• Registration (0.5%): Rs 13,350
• Transfer duty (1.5%): Rs 40,050

Buyer advice for SASTRYNAGAR COLONY-LALBAZAR-1

• Budget using guidance value plus duties; don’t plan only on negotiated price.
• Match apartment pricing to the SASTRYNAGAR COLONY-LALBAZAR-1 market value of Rs 2,500/sq.ft across floors.
• Verify residential classification (01), plot dimensions, and document chain before paying advances.