Second Bazar-1 Market Value — Hyderabad (IGRS 1600002), Hyderabad Mandal, Hyderabad Division
The IGRS Telangana market value of Second Bazar-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.
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) | 36,000 | 3,000 | 3,000 | 3,000 |
| 01(Residential) | 36,000 | 3,000 | 3,000 | 3,000 |
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 Second Bazar-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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SECOND BAZAR-1 Market Value — Hyderabad, HYDERABAD DIVISION
IGRS SECOND BAZAR-1 market value in Hyderabad (2026)
The SECOND BAZAR-1 market value published on Telangana IGRS is the government-notified guideline rate used for property registration in Hyderabad village, HYDERABAD mandal, HYDERABAD DIVISION district. As of 2026, the locality is classified as 01 (Residential). For buyers, this benchmark helps estimate registration charges and sets a floor reference during negotiations. For sellers, it influences buyer expectations and the minimum value typically accepted for registration.
Current IGRS rates (2026)
- Land rate: Rs 36,000 per sq.yard
- Apartments: Ground floor Rs 3,000/sq.ft; First floor Rs 3,000/sq.ft; Other floors Rs 3,000/sq.ft
Is SECOND BAZAR-1 premium or affordable within Hyderabad?
At Rs 36,000/sq.yd for residential land, SECOND BAZAR-1 market value indicates a mid-to-upper positioning within Hyderabad’s established areas—typically more expensive than many peripheral suburbs, while still below the highest-priced prime micro-markets. The uniform Rs 3,000/sq.ft apartment guideline across floors suggests stable, standardized valuation for flats in this pocket.
Registration cost estimate (municipal area example)
For a 100 sq.yard plot: value = 100 × 36,000 = Rs 3,600,000. Charges:
- Stamp duty (5.5%): Rs 1,98,000
- Registration fee (0.5%): Rs 18,000
- Transfer duty (1.5%): Rs 54,000
Buyer tips for SECOND BAZAR-1
- Budget using the SECOND BAZAR-1 market value, then compare with actual sale prices in nearby streets.
- Verify EC, title chain, and approved layout/building permissions before paying token advances.
- For flats, check UDS (undivided share) and parking allocation against the registered sale deed.
