Venkat Rao Nagar-1 Market Value — Hyderabad (IGRS 1600002), Hyderabad Mandal, Hyderabad Division

IGRS Market Value of VENKAT RAO NAGAR-1 (Hyderabad) in 2026

As per Telangana IGRS guidance values (2026), the VENKAT RAO NAGAR-1 market value for Classification 01 (Residential) is set at Rs 44,900 per sq.yard for land. For apartments, the notified rate is Rs 3,500 per sq.ft for ground floor, first floor, and other floors. These values are used by the registration department to calculate minimum property value for stamp duty and registration, helping buyers and sellers benchmark pricing and avoid undervaluation issues during document registration.

What this means for buyers and sellers

The VENKAT RAO NAGAR-1 market value is the official baseline for registration. If your deal price is lower than the guidance value, duties are typically calculated on the higher (IGRS) value. If your negotiated price is higher, duties apply on the actual consideration.

How it compares within Hyderabad

At Rs 44,900/sq.yd, VENKAT RAO NAGAR-1 sits in a mid-to-upper band for Hyderabad residential guidance values—generally more premium than many peripheral layouts, yet typically more affordable than top-tier central micro-markets. This positioning makes the VENKAT RAO NAGAR-1 market value relevant for both end-users and long-term investors.

Registration cost estimate (example)

For a 100 sq.yard plot: total value = Rs 4,490,000. Estimated charges in municipal areas:

• Stamp duty (5.5%): Rs 2,46,950
• Registration fee (0.5%): Rs 22,450
• Transfer duty (1.5%): Rs 67,350

Buyer advice for VENKAT RAO NAGAR-1

• Verify the property’s classification (01 Residential), survey details, and boundaries before agreement.
• Compare negotiated price with IGRS and recent local transactions to judge premium vs value.
• Budget duties/fees upfront and keep a margin for documentation, encumbrance checks, and mutation.