Average Ready Reckoner rate for a flat in Korchi area
₹1,564 per sq ft
₹16,830 per sq m
- Range by zone
- ₹1,529–₹1,568
- Zones
- 44
- In Gadchiroli
- 9th highest
- Applicable from
- 1 Apr 2025
Korchi Ready Reckoner rate per sq ft by property type
Residential (flat)
₹1,564 per sq ft
₹16,830 per sq m
Range by zone ₹1,529–₹1,568
Open land (plot)
₹34 per sq ft
₹370 per sq m
Range by zone ₹3–₹73
Office
₹1,798 per sq ft
₹19,350 per sq m
Range by zone ₹1,759–₹1,803
Shops
₹1,955 per sq ft
₹21,040 per sq m
Range by zone ₹1,912–₹1,960
Flat rates in the Korchi locality range from ₹1,529 to ₹1,568 per sq ft (₹16,460 to ₹16,880 per sq m), depending on the zone. The highest is zone 1.1; the lowest is zone 1.5A.
Zone wise Ready Reckoner rate in Korchi area
Ready Reckoner for Korchi area has 44 zones. They are described by roads, not plot numbers, so type your road, society or landmark in the box below to find yours.
No match? Take the CTS number from your property card to the Sub-Registrar office, and they can tell you the zone code to type here.
Still not sure? The Korchi Sub-Registrar office can confirm which zone it will use for your property. Our guide on finding your Ready Reckoner zone shows how to match your documents to a zone. If you think the value is too high, you can ask for it to be fixed under section 31 of the Maharashtra Stamp Act before you register. If the Collector fixes a higher value under section 32A, you can appeal within 60 days under section 32B.
Nothing matches. Try a road, landmark or society name from your agreement, or ask the Sub-Registrar office for the zone code.
| Zone | Area covered | Flat₹/sq m | Open plot₹/sq m | Office₹/sq m | Shop₹/sq m |
|---|---|---|---|---|---|
| 1.1 | Developed lands for residential and other uses facing the national highway (in the peripheral area) | 16,880 | 790 | 19,410 | 21,100 |
| 1.2 | Developable lands for residential and other uses facing the national highway (in the peripheral area) | 16,490 | 400 | 18,960 | 20,610 |
| 1.3 | Lands in the no-development zone facing the national highway | — | 39.38 | — | — |
| 1.4 | State Mahamargasarmukha lands (sq.m.) | 16,880 | 790 | 19,410 | 21,100 |
| 1.4A | State Mahamargasarmukha lands (per. He) | — | 39 | — | — |
| 1.5 | Developed plots facing the road from Korchi to Bethakothi | 16,830 | 740 | 19,350 | 21,040 |
| 1.5A | Developable lands facing the road from Korchi to Bethakothi | 16,460 | 370 | 18,930 | 20,580 |
| 1.5B | Lands in the no-development area on the road from Korchi to Bethakothi | — | 36.75 | — | — |
| 1.6 | Developed plots facing the road from Korchi to Mohagawa | 16,830 | 740 | 19,350 | 21,040 |
| 1.6A | Developable lands facing the road from Korchi to Mohagawa | 16,460 | 370 | 18,930 | 20,580 |
| 1.6B | Lands in the no-development area on the road from Korchi to Mohagawa | — | 36.75 | — | — |
| 1.7 | Developed plots facing the road from Korchi to Kocinara | 16,830 | 740 | 19,350 | 21,040 |
| 1.7A | Developable lands facing the road from Korchi to Kocinara | 16,460 | 370 | 18,930 | 20,580 |
| 1.7B | Lands in the no-development area on the road from Korchi to Kocinara | — | 36.75 | — | — |
| 1.8 | Developed plots on the interior road from the national highway to the village settlement | 16,830 | 740 | 19,350 | 21,040 |
| 1.8A | Developable lands on the interior road from the national highway to the village settlement | 16,460 | 370 | 18,930 | 20,580 |
| 1.8B | Lands in the no-development area on the interior road from the national highway to the village settlement | — | 39.38 | — | — |
| 1.9 | Developed plots facing the road from Korchi to Salhekade | 16,830 | 740 | 19,350 | 21,040 |
| 1.9A | Developable lands facing the road from Korchi to Salhekade | 16,460 | 370 | 18,930 | 20,580 |
| 1.9B | Lands in the no-development area on the road from Korchi to Salhekade | — | 36.75 | — | — |
| 1.10 | Developed plots facing the road from Korchi to Nawargaon | 16,830 | 740 | 19,350 | 21,040 |
| 1.10A | Developable lands facing the road from Korchi to Nawargaon | 16,460 | 370 | 18,930 | 20,580 |
| 1.10B | Lands in the no-development area on the road from Korchi to Nawargaon | — | 36.75 | — | — |
| 1.11 | Interior developed plots north of the Kocinara road and south of the highway | 16,830 | 740 | 19,350 | 21,040 |
| 1.11A | Interior developable lands north of the Kocinara road and south of the highway | 16,460 | 370 | 18,930 | 20,580 |
| 1.11B | Lands in the no-development area north of the Kocinara road and south of the highway | — | 36.75 | — | — |
| 1.12 | Developed plots south of the Kocinara road | 16,830 | 740 | 19,350 | 21,040 |
| 1.12A | Developable lands south of the Kocinara road | 16,460 | 370 | 18,930 | 20,580 |
| 1.12B | Lands in the no-development area south of the Kocinara road | — | 36.75 | — | — |
| 1.13 | Developed plots east of the national highway and west of the Mohagawa road | 16,830 | 740 | 19,350 | 21,040 |
| 1.13A | Developable lands east of the national highway and west of the Mohagawa road | 16,460 | 370 | 18,930 | 20,580 |
| 1.13B | Lands in the no-development area east of the national highway and west of the Mohagawa road | — | 36.75 | — | — |
| 1.14 | Developed plots west of the national highway | 16,830 | 740 | 19,350 | 21,040 |
| 1.14A | Developable lands west of the national highway | 16,460 | 370 | 18,930 | 20,580 |
| 1.14B | Lands in the no-development area west of the national highway | — | 36.75 | — | — |
| 1.15 | Developed plots southern of the State highway | 16,830 | 740 | 19,350 | 21,040 |
| 1.15A | Developable lands southern of the State highway | 16,460 | 370 | 18,930 | 20,580 |
| 1.15B | No-development in the area lands southern of the State highway | — | 36.75 | — | — |
| 1.16 | State Mahamargacya northern developed plots | 16,830 | 740 | 19,350 | 21,040 |
| 1.16A | Developable lands northern of the State highway | 16,460 | 370 | 18,930 | 20,580 |
| 1.16B | No-development in the area lands northern of the State highway | — | 36.75 | — | — |
| 1.18 | Grazing land | — | 290 | — | — |
| 1.18A | Grazing land | — | 31.5 | — | — |
| 1.19 | Village settlement | 16,830 | 740 | 19,350 | 21,040 |
— means the schedule publishes no rate for that zone.
Stamp duty and registration charges for a flat
In Maharashtra, stamp duty rate depends on whether Korchi falls in a municipal corporation, a council or a village. It is charged on your agreement value or Ready Reckoner value, whichever is higher, and registration fee is 1%, capped at ₹30,000. Here are the figures for a 1,000 sq ft flat at this area's average flat rate.
- Ready Reckoner value
- ₹15.6 lakh
- 1,000 sq ft × ₹1,564 per sq ft
- Every 1% of stamp duty
- ₹15,640
- The Sub-Registrar office can tell you the rate here
- Registration fee (1%)
- ₹15,640
- Capped at ₹30,000
- Women buying a home on their own pay 1% less stamp duty.
- Stamp duty rate for Korchi depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹15.6 lakh, use the stamp duty calculator for Korchi area to see what you will pay on your actual price.
Buying a resale flat
New and resale flats in the same zone have the same Ready Reckoner rate. At the average ₹1,564 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹15.6 lakh, the least the government accepts when the sale is registered. Ready Reckoner guidelines lower the value of the building as it gets older and raise it on higher floors in buildings with a lift, so two resale flats in one zone can differ a little. The price you agree with the seller is often higher, and banks lend on their own valuer's report, not on Ready Reckoner rate.
Korchi Ready Reckoner rate FAQs
What is Ready Reckoner rate in Korchi per sq ft?
About ₹1,564 per sq ft (₹16,830 per sq m) for a flat in Korchi on average. Zone rates run from ₹1,529 to ₹1,568 per sq ft, so use the rate for your own zone.
Which part of Korchi has the highest Ready Reckoner rate?
Zone 1.1 at ₹16,880 per sq m (about ₹1,568 per sq ft). The lowest is zone 1.5A, “Developable lands facing the road from Korchi to Bethakothi”, at ₹16,460 per sq m.
Is stamp duty in Korchi charged on Ready Reckoner rate or my agreement price?
On your agreement price, unless Ready Reckoner value is higher. A 1,000 sq ft flat at Korchi's average flat rate has a Ready Reckoner value of about ₹15.6 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Korchi changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Korchi's average flat rate stays at ₹16,830 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Korchi on carpet or built-up area?
Built-up area. The ASR guidelines convert carpet area with a factor of 1.1 or 1.2, depending on the area and year. So a 1,000 sq ft carpet flat counts as about 1,100 to 1,200 sq ft built-up. At Korchi's average ₹1,564 per sq ft, that is roughly ₹17.2 lakh to ₹18.8 lakh.
What is Ready Reckoner rate for shops in Korchi?
About ₹1,955 per sq ft (₹21,040 per sq m) on average, around 1.3 times the flat rate. Offices average ₹19,350 per sq m.
Ready Reckoner rates in other Gadchiroli areas
Paknabhatti
Korchi · flat ₹1,528/sq ft, similar rate
Lanjeda
Gadchiroli · flat ₹1,394/sq ft, 11% lower than Korchi
Gadaheri
Aheri · flat ₹1,551/sq ft, about the same
Wadsa
Desaiganj (Wadsa) · flat ₹1,584/sq ft, similar rate
Gadaheri Bamni
Aheri · flat ₹1,549/sq ft, about the same
Armori Road
Gadchiroli · flat ₹1,626/sq ft, similar rate
See all 31 areas on the Gadchiroli Ready Reckoner rate page, or compare Korchi with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Gadchiroli, Korchi, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in