Districts
36
Localities
1,996
Valuation zones
37,278
Applicable from
1 April 2025 (same for 2026-27)
Maharashtra Ready Reckoner rate by district
Pick your district to see every listed locality with its zones. The rate shown is the average (median) residential rate across the district's localities, per sq ft.
Ahilyanagar
42 localities · 1,024 zones
₹2,013/sq ft district average
Akola
62 localities · 931 zones
₹1,960/sq ft district average
Amravati
64 localities · 3,605 zones
₹1,931/sq ft district average
Beed
36 localities · 451 zones
₹1,869/sq ft district average
Bhandara
14 localities · 305 zones
₹1,789/sq ft district average
Buldhana
33 localities · 840 zones
₹1,691/sq ft district average
Chandrapur
67 localities · 1,449 zones
₹1,730/sq ft district average
Chhatrapati Sambhajinagar
53 localities · 1,045 zones
₹3,271/sq ft district average
Dharashiv
27 localities · 368 zones
₹1,728/sq ft district average
Dhule
33 localities · 343 zones
₹2,043/sq ft district average
Gadchiroli
31 localities · 383 zones
₹1,486/sq ft district average
Gondia
22 localities · 459 zones
₹1,676/sq ft district average
Hingoli
22 localities · 179 zones
₹1,698/sq ft district average
Jalgaon
46 localities · 979 zones
₹2,115/sq ft district average
Jalna
28 localities · 355 zones
₹2,321/sq ft district average
Kolhapur
56 localities · 652 zones
₹3,447/sq ft district average
Latur
45 localities · 494 zones
₹2,759/sq ft district average
Mumbai City
20 localities · 387 zones
₹23,656/sq ft district average
Mumbai Suburban
76 localities · 867 zones
₹14,767/sq ft district average
Nagpur
160 localities · 8,013 zones
₹2,880/sq ft district average
Nanded
49 localities · 814 zones
₹2,249/sq ft district average
Nandurbar
33 localities · 345 zones
₹1,901/sq ft district average
Nashik
108 localities · 1,613 zones
₹2,810/sq ft district average
Palghar
68 localities · 683 zones
₹2,973/sq ft district average
Parbhani
40 localities · 500 zones
₹2,146/sq ft district average
Pune
151 localities · 2,295 zones
₹5,279/sq ft district average
Raigad
98 localities · 1,136 zones
₹2,964/sq ft district average
Ratnagiri
19 localities · 291 zones
₹2,443/sq ft district average
Sangli
22 localities · 538 zones
₹2,527/sq ft district average
Satara
57 localities · 435 zones
₹2,577/sq ft district average
Sindhudurg
10 localities · 141 zones
₹2,613/sq ft district average
Solapur
57 localities · 598 zones
₹2,792/sq ft district average
Thane
212 localities · 1,876 zones
₹4,513/sq ft district average
Wardha
34 localities · 752 zones
₹1,676/sq ft district average
Washim
30 localities · 734 zones
₹1,758/sq ft district average
Yavatmal
71 localities · 1,398 zones
₹2,013/sq ft district average
Villages whose average residential value is under ₹300/sq ft (usually village land rates) are left out of these figures but still listed on their district page.
Highest Ready Reckoner rate in each major district
The locality with the highest average (median) residential rate in each of these districts. Rates vary a lot within a locality, so open it to find the rate for your zone.
Mumbai City
Malabar and Cumballa Hill
₹66,363/sq ft residential
₹31,295–₹80,926/sq ft across 27 zones
Mumbai Suburban
Carter Road
₹43,578/sq ft residential
₹39,657–₹47,500/sq ft across 2 zones
Thane
Hiranandani Estate
₹15,970/sq ft residential
₹12,077–₹17,103/sq ft across 4 zones
Pune
Erandwane
₹12,838/sq ft residential
₹9,715–₹16,811/sq ft across 18 zones
Nagpur
Wardha Road
₹9,290/sq ft residential
₹7,782–₹9,429/sq ft across 14 zones
Nashik
College Road
₹6,213/sq ft residential
₹5,007–₹7,879/sq ft across 9 zones
Need the value of your own property? The Ready Reckoner rate calculator finds the official rate for your area and zone. Enter the size of your property and it gives you Ready Reckoner value.
How to find Ready Reckoner rate for your property
- Search for your area or village in the search box at the top, or pick your district from the list above.
- On the locality page, find your zone. In cities, zones are described by road, landmark or area; in villages, type your survey number. Your CTS or survey number is on your property card, 7/12 extract or sale agreement.
- Read the rate for your property type: open land, flat, office, shop or industrial. Each rate is given per sq m and per sq ft.
- Enter your area and agreed price to see Ready Reckoner value of your property and the minimum stamp duty on it.
Flat rates are for built-up area. If your agreement gives carpet area, it is converted with a factor of 1.1 or 1.2 before the rate is applied. Our guide on how to check Ready Reckoner rate online covers what to keep ready from your documents.
How Ready Reckoner schedule is organised (zones and CTS numbers)
District, taluka, village. The ASR is arranged by district, then taluka, then village. In cities, a village is split into zones and sub-zones, which are identified by CTS (city survey) or survey numbers.
Five categories, per sq m. Each zone has rates for open land, residential (flat), office, shop and industrial use, all per square metre. We also show the per sq ft equivalent (₹ per sq m ÷ 10.7639).
Built-up area, with adjustments. Flat rates apply to built-up area; the ASR guidelines convert carpet area using a prescribed factor (1.1 or 1.2, depending on the area and year). The guidelines also raise the value for higher floors in lift buildings, reduce it for upper floors without a lift, and depreciate the construction part of older buildings.
Maharashtra Ready Reckoner rate history since 2022-23
| Financial year | What happened |
|---|---|
| 2022-23 | Rates raised by about 5% on average outside Mumbai. |
| 2023-24 | Unchanged. |
| 2024-25 | Unchanged. |
| 2025-26 | From 1 April 2025: Mumbai (BMC) +3.39%; rest of the state +4.39% on average (municipal corporations 5.95%, councils and nagar panchayats 4.97%, rural areas 3.36%). Solapur saw the highest rise, 10.17%. Figures as reported. |
| 2026-27 | Unchanged statewide (announced 31 March 2026). The 2025-26 rates continue. |
Maharashtra stamp duty and registration charges
| What | Rate | Details |
|---|---|---|
| Stamp duty in Mumbai | 6% | 5% basic duty + 1% metro cess, within BMC limits |
| Stamp duty in Pune, Pimpri Chinchwad, Thane and Nagpur | 7% | 5% basic duty + 1% LBT surcharge + 1% metro cess, within the municipal corporation |
| Stamp duty in other municipal corporations | 6% | 5% basic duty + 1% LBT surcharge, for example in Kolhapur, Solapur, Amravati and Sangli |
| Stamp duty in councils and villages | Depends on area | differs for municipal councils, nagar panchayats and villages; the Sub-Registrar office can confirm it |
| Registration fee | 1% | of the property value, up to ₹30,000 at most |
| Women buyers | 1% less stamp duty | if the buyer is a woman, e.g. 5% in Mumbai and 6% in Pune |
| Charged on | Higher value | the higher of your agreement value and Ready Reckoner value |
For example, suppose Ready Reckoner value of your flat in Pune is ₹90 lakh and you agree to buy it for ₹1 crore. Your price is higher, so duty is charged on ₹1 crore: ₹7,00,000 stamp duty at 7% and a ₹30,000 registration fee, the maximum. You pay ₹7,30,000 in total. If the flat is bought only by a woman, stamp duty drops to 6%, so she pays ₹6,00,000 plus ₹30,000, or ₹6,30,000.
Selling for less than Ready Reckoner value? It can affect the seller's income tax too. Under section 50C of the Income-tax Act, 1961 (section 78 of the Income-tax Act, 2025, from 1 April 2026), Ready Reckoner value can be taken as your sale price when your capital gains are calculated. If Ready Reckoner value is not more than 110% of your actual price, your actual price is accepted.
For examples, women buyer rules and other costs, read our guide on stamp duty and registration charges in Maharashtra.
Ready Reckoner vs market price, carpet area and selling below the rate
Maharashtra Ready Reckoner rate: common questions
Is Ready Reckoner rate the same as circle rate?
Yes. Ready Reckoner is Maharashtra's name for circle rate. Its official name is the Annual Statement of Rates (ASR), published by the IGR. It is the minimum value used to charge stamp duty, not market price.
What is stamp duty in Mumbai, Pune, Thane and Nagpur?
Mumbai (BMC limits) is 6%, including the 1% metro cess. Pune, Pimpri-Chinchwad, Thane and Nagpur are 7%: 5% duty, 1% LBT surcharge and 1% metro cess. Women buying a home alone pay 1% less. Registration fee is 1%, capped at ₹30,000 across the state.
Is Ready Reckoner rate on carpet area or built-up area?
Built-up area. If you only know the carpet area, the ASR guidelines convert it using a prescribed factor (1.1 or 1.2, depending on the area and year).
Can I register a flat below Ready Reckoner value?
Yes, but stamp duty is charged on the higher of your price and Ready Reckoner value. The deed can also be referred to the Collector under section 32A of the Maharashtra Stamp Act. For income tax, stamp duty value can be treated as your sale price (section 50C, now section 78 of the Income-tax Act, 2025). That doesn't apply if it is within 110% of your price.
Do women buyers pay less stamp duty in Maharashtra?
Yes. Since 1 April 2021, a woman buying a home, on her own or with other women, gets a 1% concession, for example 5% instead of 6% in Mumbai. The earlier condition barring sale to a male buyer within 15 years was dropped in 2023.
How do I challenge a Ready Reckoner valuation?
Before registering, you can ask for adjudication under section 31. If the Collector fixes a higher value under section 32A, you can appeal within 60 days under section 32B. The appeal goes to the Additional Controller of Stamps for Mumbai, or to the Deputy IGR elsewhere.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for all districts of Maharashtra, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in