Shaikpet-1 Market Value — Hyderabad (IGRS 1600002), Hyderabad Mandal, Hyderabad Division
The IGRS Telangana market value of Shaikpet-1 in Hyderabad (IGRS 1600002), Hyderabad mandal, Hyderabad Division is Rs 27,600 per sq.yard for land. Apartment rates: Ground floor Rs 2,500/sq.ft, First floor Rs 2,500/sq.ft, Other floors Rs 2,500/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 Shaikpet-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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SHAIKPET-1 Market Value — Hyderabad, HYDERABAD DIVISION
IGRS Market Value of SHAIKPET-1 (Hyderabad) in 2026
The SHAIKPET-1 market value in the Telangana IGRS (Stamps & Registration) system reflects the government-notified guideline value used to calculate registration charges and duties. As of 2026, SHAIKPET-1 (Hyderabad village, Hyderabad mandal, Hyderabad Division district) is classified as 01 (Residential), with a land rate of Rs 27,600 per sq.yard. For apartments, the IGRS apartment rate is Rs 2,500 per sq.ft for Ground floor, First floor, and Other floors.
What it means for buyers and sellers
For buyers, the SHAIKPET-1 market value sets the minimum value on which stamp duty and registration are computed (even if the deal price is lower). For sellers, it influences buyer affordability and can affect negotiations, especially when bank valuations and IGRS values are compared.
Is SHAIKPET-1 premium or affordable within Hyderabad?
At Rs 27,600/sq.yd, SHAIKPET-1 sits in a premium bracket for residential guideline values in Hyderabad, typically associated with established urban neighborhoods where demand, connectivity, and livability keep baseline values elevated.
Registration cost estimate (municipal area)
Example for a 100 sq.yard plot: total value = Rs 27,60,000.
- Stamp duty (5.5%): Rs 1,51,800
- Registration fee (0.5%): Rs 13,800
- Transfer duty (1.5%): Rs 41,400
Advice for property buyers in SHAIKPET-1
- Budget using the SHAIKPET-1 market value plus duties to avoid last-minute funding gaps.
- Match the property type to the correct rate (land vs. apartment at Rs 2,500/sq.ft).
- Verify classification as Residential (01) and ensure documents align before registration.
