Average Ready Reckoner rate for a flat in Ruikar Colony area
₹4,247 per sq ft
₹45,710 per sq m
- Range by zone
- ₹3,780–₹4,713
- Zones
- 2
- In Kolhapur
- 9th highest
- Applicable from
- 1 Apr 2025
Ruikar Colony Ready Reckoner rate per sq ft by property type
Residential (flat)
₹4,247 per sq ft
₹45,710 per sq m
Range by zone ₹3,780–₹4,713
Open land (plot)
₹2,112 per sq ft
₹22,730 per sq m
Range by zone ₹1,320–₹2,903
Office
₹4,884 per sq ft
₹52,570 per sq m
Range by zone ₹4,348–₹5,420
Shops
₹6,583 per sq ft
₹70,855 per sq m
Range by zone ₹4,726–₹8,439
Flat rates in the Ruikar Colony locality range from ₹3,780 to ₹4,713 per sq ft (₹40,690 to ₹50,730 per sq m), depending on the zone. The highest is zone 5/120.1; the lowest is zone 5/161. Shops are rated about 1.6 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Ruikar Colony area
Ready Reckoner for Ruikar Colony area has 2 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 Karvir 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.
| Zone | Area covered | Flat₹/sq m | Open plot₹/sq m | Office₹/sq m | Shop₹/sq m |
|---|---|---|---|---|---|
| 5/120.1 | The main road from Lisha Hotel to Ruikar Colony to Mukta Sainik colony | 50,730 | 31,250 | 58,340 | 90,840 |
| 5/161 | Railway Gate 2 to Dattabal Mission, behind Ruikar Colony to Lakshmi Industries to the railway line; the part north of the railway line | 40,690 | 14,210 | 46,800 | 50,870 |
Stamp duty and registration charges for a flat
In Maharashtra, stamp duty rate depends on whether Ruikar Colony 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
- ₹42.5 lakh
- 1,000 sq ft × ₹4,247 per sq ft
- Every 1% of stamp duty
- ₹42,470
- The Sub-Registrar office can tell you the rate here
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Women buying a home on their own pay 1% less stamp duty.
- Stamp duty rate for Ruikar Colony depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹42.5 lakh, use the stamp duty calculator for Ruikar Colony 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 ₹4,247 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹42.5 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.
Ruikar Colony Ready Reckoner rate FAQs
What is Ready Reckoner rate in Ruikar Colony per sq ft?
About ₹4,247 per sq ft (₹45,710 per sq m) for a flat in Ruikar Colony on average. Zone rates run from ₹3,780 to ₹4,713 per sq ft, so use the rate for your own zone.
Which part of Ruikar Colony has the highest Ready Reckoner rate?
Zone 5/120.1, “The main road from Lisha Hotel to Ruikar Colony to Mukta Sainik colony”, at ₹50,730 per sq m (about ₹4,713 per sq ft). The lowest is zone 5/161 at ₹40,690 per sq m.
Is stamp duty in Ruikar Colony 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 Ruikar Colony's average flat rate has a Ready Reckoner value of about ₹42.5 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Ruikar Colony changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Ruikar Colony's average flat rate stays at ₹45,710 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Ruikar Colony 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 Ruikar Colony's average ₹4,247 per sq ft, that is roughly ₹46.7 lakh to ₹51 lakh.
What is Ready Reckoner rate for shops in Ruikar Colony?
About ₹6,583 per sq ft (₹70,855 per sq m) on average, around 1.6 times the flat rate. Offices average ₹52,570 per sq m.
Ready Reckoner rates in other Karvir taluka areas
Town Hall
Karvir · flat ₹3,709/sq ft, 13% lower than Ruikar Colony
Mahadwar Road
Karvir · flat ₹4,000/sq ft, 6% lower than Ruikar Colony
Tarabai Road
Karvir · flat ₹4,241/sq ft, about the same
Bhausingji Road
Karvir · flat ₹4,266/sq ft, about the same
Gangavesh
Karvir · flat ₹4,046/sq ft, similar rate
Rajarampuri
Karvir · flat ₹4,453/sq ft, similar rate
See all 56 areas on the Kolhapur Ready Reckoner rate page, or compare Ruikar Colony with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Kolhapur, Karvir, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in