Average Ready Reckoner rate for a flat in Ring Road area
₹1,676 per sq ft
₹18,040 per sq m
- Range by zone
- ₹1,635–₹1,943
- Zones
- 6
- In Hingoli
- 8th lowest
- Applicable from
- 1 Apr 2025
Ring Road Ready Reckoner rate per sq ft by property type
Residential (flat)
₹1,676 per sq ft
₹18,040 per sq m
Range by zone ₹1,635–₹1,943
Open land (plot)
₹171 per sq ft
₹1,840 per sq m
Range by zone ₹42–₹443
Office
₹1,812 per sq ft
₹19,500 per sq m
Range by zone ₹1,765–₹2,031
Shops
₹1,997 per sq ft
₹21,500 per sq m
Range by zone ₹1,997–₹3,437
Flat rates in the Ring Road locality range from ₹1,635 to ₹1,943 per sq ft (₹17,600 to ₹20,910 per sq m), depending on the zone. The highest is zone 1.42; the lowest is zone 1.45A.
Zone wise Ready Reckoner rate in Ring Road area
Ready Reckoner for Ring Road area has 6 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 Hingoli 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 |
|---|---|---|---|---|---|
| 1.42 | Remaining properties on interior roads in the zone excluding properties on the main road, per sq m, residential zone | 20,910 | 4,770 | 21,860 | 37,000 |
| 1.43 | Itara land per sq m Na.development Zone | — | 450 | — | — |
| 1.44 | Residential properties in the zone, per sq m | 18,480 | 2,480 | 19,500 | 21,500 |
| 1.45 | No-development zone land north of the proposed Ring Road, on the inner side of the railway line, per sq m | — | 470 | — | — |
| 1.45A | Residential properties north of the proposed Ring Road, on the inner side of the railway line | 17,600 | 2,480 | 19,000 | 21,500 |
| 1.46 | Residential-zone land between the proposed Ring Road and the Municipal Council limit, per sq m | 17,600 | 1,200 | 19,500 | 21,500 |
— 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 Ring Road 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
- ₹16.8 lakh
- 1,000 sq ft × ₹1,676 per sq ft
- Every 1% of stamp duty
- ₹16,760
- The Sub-Registrar office can tell you the rate here
- Registration fee (1%)
- ₹16,760
- Capped at ₹30,000
- Women buying a home on their own pay 1% less stamp duty.
- Stamp duty rate for Ring Road depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹16.8 lakh, use the stamp duty calculator for Ring Road 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 ₹1,676 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹16.8 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.
Ring Road Ready Reckoner rate FAQs
What is Ready Reckoner rate in Ring Road per sq ft?
About ₹1,676 per sq ft (₹18,040 per sq m) for a flat in Ring Road on average. Zone rates run from ₹1,635 to ₹1,943 per sq ft, so use the rate for your own zone.
Which part of Ring Road has the highest Ready Reckoner rate?
Zone 1.42 at ₹20,910 per sq m (about ₹1,943 per sq ft). The lowest is zone 1.45A at ₹17,600 per sq m.
Is stamp duty in Ring Road 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 Ring Road's average flat rate has a Ready Reckoner value of about ₹16.8 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Ring Road changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Ring Road's average flat rate stays at ₹18,040 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Ring Road 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 Ring Road's average ₹1,676 per sq ft, that is roughly ₹18.4 lakh to ₹20.1 lakh.
Do women pay less stamp duty in Ring Road?
Yes, on homes bought only by women, with no male co-buyer: duty is 1% lower. That saves about ₹16,800 on a ₹16.8 lakh Ready Reckoner value.
Ready Reckoner rates in other Hingoli taluka areas
Akola Road
Hingoli · flat ₹2,099/sq ft, 25% higher than Ring Road
Ambika Talkies
Hingoli · flat ₹1,891/sq ft, 13% higher than Ring Road
Malharwadi
Hingoli · flat ₹1,635/sq ft, similar rate
Hingoli Gaothan
Hingoli · flat ₹1,679/sq ft, about the same
Kalamnuri Road
Hingoli · flat ₹1,635/sq ft, similar rate
Adarsh Colony
Hingoli · flat ₹1,680/sq ft, about the same
See all 22 areas on the Hingoli Ready Reckoner rate page, or compare Ring Road with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Hingoli, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in