Second Laxminagar-1 Market Value — Hyderabad (IGRS 1600002), Hyderabad Mandal, Hyderabad Division

The IGRS Telangana market value of Second Laxminagar-1 in Hyderabad (IGRS 1600002), Hyderabad mandal, Hyderabad Division is Rs 32,200 per sq.yard for land. Apartment rates: Ground floor Rs 2,800/sq.ft, First floor Rs 2,800/sq.ft, Other floors Rs 2,800/sq.ft.

Rs 32,200
Land Rate /sq.yd
Rs 2,800
Ground Floor /sq.ft
Rs 2,800
1st Floor /sq.ft
Rs 2,800
Other Floors /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 Second Laxminagar-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 LAXMINAGAR-1 Market Value — Hyderabad, HYDERABAD DIVISION

IGRS Market Value in SECOND LAXMINAGAR-1, Hyderabad (2026)

As per Telangana IGRS guidance values (2026), the SECOND LAXMINAGAR-1 market value in Hyderabad village, HYDERABAD mandal, HYDERABAD DIVISION district is classified as 01 (Residential). The official land rate is Rs 32,200 per sq.yard. For apartments, the guidance rate is uniform at Rs 2,800 per sq.ft for Ground floor, First floor, and Other floors.

What this means for buyers and sellers

IGRS market value is the government’s benchmark used to calculate registration charges and determine the minimum value for property registration. If your deal value is below the guidance value, charges are typically calculated on the higher IGRS value. For sellers, the SECOND LAXMINAGAR-1 market value also sets expectations for negotiations and documentation.

Premium or affordable within Hyderabad?

At Rs 32,200/sq.yd for residential land and Rs 2,800/sq.ft for apartments, SECOND LAXMINAGAR-1 sits in an affordable-to-mid segment compared to Hyderabad’s premium micro-markets, while still reflecting steady urban demand.

Registration cost estimate (example)

  • Plot size: 100 sq.yards
  • Total value: 100 × 32,200 = Rs 3,220,000
  • Stamp duty (5.5%): Rs 1,77,100
  • Registration fee (0.5%): Rs 16,100
  • Transfer duty (1.5% municipal): Rs 48,300
  • Total of these charges: Rs 2,41,500

Buyer tips for SECOND LAXMINAGAR-1

  • Verify EC, title chain, and land use as Residential (01) before paying advances.
  • Budget registration costs using the SECOND LAXMINAGAR-1 market value, not just the negotiated price.
  • For apartments, compare carpet area, approvals, and amenities since the IGRS rate is flat at Rs 2,800/sq.ft across floors.