Silicon City-1 Market Value — Kondapur, Ghatkesar Mandal, Medchal-Malkajgiri

IGRS Market Value of SILICON CITY-1, Kondapur (Ghatkesar), Telangana (2026)

As of 2026, the SILICON CITY-1 market value recorded in Telangana IGRS for 01 (Residential) classification in KONDAPUR village, GHATKESAR mandal, MEDCHAL-MALKAJGIRI district is set at Rs 3,800 per sq.yard for land. For apartments, the notified rate is uniform across levels: Ground floor Rs 2,200/sq.ft, First floor Rs 2,200/sq.ft, and Other floors Rs 2,200/sq.ft.

What the IGRS market value means for buyers and sellers

The SILICON CITY-1 market value is the government-referenced benchmark used for registration and duty calculations. Buyers should note that if the sale price is lower than IGRS, duties are typically computed on the higher IGRS value; sellers should expect buyers to factor this into negotiations and overall transaction cost.

Is SILICON CITY-1 premium or affordable within Kondapur?

Within Kondapur (Ghatkesar belt), a notified Rs 3,800/sq.yd land value and Rs 2,200/sq.ft apartment value generally positions SILICON CITY-1 as an affordable-to-mid segment locality rather than a premium micro-market. The steady, uniform apartment rate also signals standardized valuation versus floor-wise premiums.

Registration cost estimate (example)

• Plot size: 100 sq.yards
• IGRS value: 100 × Rs 3,800 = Rs 3,80,000
• Stamp duty (5.5%): Rs 20,900
• Registration (0.5%): Rs 1,900
• Transfer duty (1.5% municipal areas): Rs 5,700

Buyer advice for SILICON CITY-1

• Benchmark your deal against the SILICON CITY-1 market value to avoid under-valuation issues at registration.
• For apartments, use Rs 2,200/sq.ft as the IGRS base, then justify any premium only with verifiable amenities and approvals.
• Budget for duties upfront and keep a buffer for documentation, mutation, and loan-related charges.