Shilpa Avenue-1 Market Value — Hydernagar, Kukatpally Mandal, Medchal-Malkajgiri
The IGRS Telangana market value of Shilpa Avenue-1 in Hydernagar, Kukatpally mandal, Medchal-Malkajgiri District is Rs 26,700 per sq.yard for land. Apartment rates: Ground floor Rs 4,500/sq.ft, First floor Rs 4,500/sq.ft, Other floors Rs 4,500/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 Shilpa Avenue-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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SHILPA AVENUE-1 Market Value — HYDERNAGAR, MEDCHAL-MALKAJGIRI
IGRS Market Value of SHILPA AVENUE-1, Hydernagar (Kukatpally) – 2026
As per Telangana IGRS guidance values (2026), the SHILPA AVENUE-1 market value in HYDERNAGAR village, KUKATPALLY mandal, MEDCHAL-MALKAJGIRI district is set at Rs 26,700 per sq.yard for land. For apartments, the guidance rate is uniform at Rs 4,500 per sq.ft for Ground floor, First floor, and Other floors. The locality is classified as 02 (Commercial), which can influence valuation and buyer intent for mixed-use demand.
What this market value means for buyers and sellers
The SHILPA AVENUE-1 market value is the government’s benchmark used to calculate registration charges and to flag under-valuation. Sellers typically use it as a pricing floor for documentation, while buyers use it to estimate total acquisition cost and negotiate realistically.
How it compares within Hydernagar
Within HYDERNAGAR, Rs 26,700/sq.yd indicates a premium-to-mid guidance level rather than “budget,” reflecting Kukatpally’s mature connectivity and commercial activity. The flat apartment rate of Rs 4,500/sq.ft also signals steady demand and standardized valuation in this pocket.
Registration cost estimate (example)
Example for a 100 sq.yard plot: Total value = Rs 2,670,000. Stamp duty @5.5% = Rs 1,46,850; Registration @0.5% = Rs 13,350; Transfer duty @1.5% (municipal areas) = Rs 40,050. Total of these = Rs 2,00,250 (excluding other incidental charges).
Buyer advice for SHILPA AVENUE-1
- Match use with classification: With 02 (Commercial), verify permitted use, parking norms, and any society/bylaw restrictions.
- Cross-check area and floor details: Use the SHILPA AVENUE-1 market value (Rs 4,500/sq.ft) to sanity-check quoted apartment pricing.
- Plan total outlay: Budget registration duties upfront and keep documentation aligned to IGRS guidance to avoid valuation objections.
