Shankarlal Nagar-1 Market Value — Hyderabad (IGRS 1600002), Hyderabad Mandal, Hyderabad Division
The IGRS Telangana market value of Shankarlal Nagar-1 in Hyderabad (IGRS 1600002), Hyderabad mandal, Hyderabad Division is Rs 23,000 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 Shankarlal 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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SHANKARLAL NAGAR-1 Market Value — Hyderabad, HYDERABAD DIVISION
IGRS Market Value in SHANKARLAL NAGAR-1, Hyderabad (2026)
The SHANKARLAL NAGAR-1 market value as per Telangana IGRS (2026) is the government-notified benchmark used for property registration and stamp duty calculation in Hyderabad village, HYDERABAD mandal, HYDERABAD DIVISION district. For buyers and sellers, this value sets the minimum reference rate for documentation and helps avoid undervaluation issues during registration. The locality is classified as 01 (Residential).
Current IGRS Rates (2026)
- Land rate: Rs 23,000 per sq.yard
- Apartments: Ground floor Rs 2,500/sq.ft; First floor Rs 2,500/sq.ft; Other floors Rs 2,500/sq.ft
Is SHANKARLAL NAGAR-1 Premium or Affordable in Hyderabad?
Within Hyderabad’s broader market, the SHANKARLAL NAGAR-1 market value indicates a mid-to-premium residential bracket for plotted land, while the uniform apartment rate of Rs 2,500/sq.ft signals an affordable-to-mid benchmark for flat registrations compared to prime micro-markets where guideline values are typically higher. Actual transaction prices may vary by road width, layout approval, and proximity to main corridors.
Registration Cost Estimate (Municipal Area)
Example for a 100 sq.yard plot: Value = 100 × 23,000 = Rs 2,300,000.
- Stamp duty (5.5%): Rs 1,26,500
- Registration fee (0.5%): Rs 11,500
- Transfer duty (1.5%): Rs 34,500
Buyer Advice for SHANKARLAL NAGAR-1
- Use the SHANKARLAL NAGAR-1 market value to budget duties and negotiate transparently.
- Verify title chain, EC, and layout/building approvals before paying token amounts.
- For apartments, confirm carpet area, UDS, and parking allocation since rates are per sq.ft.
