Average Ready Reckoner rate for a flat in Basweshwar Chowk area
₹3,423 per sq ft
₹36,850 per sq m
- Range by zone
- ₹2,581–₹4,190
- Zones
- 4
- Applicable from
- 1 Apr 2025
Basweshwar Chowk Ready Reckoner rate per sq ft by property type
Residential (flat)
₹3,423 per sq ft
₹36,850 per sq m
Range by zone ₹2,581–₹4,190
Open land (plot)
₹1,416 per sq ft
₹15,245 per sq m
Range by zone ₹557–₹2,596
Office
₹3,579 per sq ft
₹38,525 per sq m
Range by zone ₹2,778–₹4,380
Shops
₹5,853 per sq ft
₹63,000 per sq m
Range by zone ₹3,902–₹7,804
Flat rates in the Basweshwar Chowk locality range from ₹2,581 to ₹4,190 per sq ft (₹27,780 to ₹45,100 per sq m), depending on the zone. The highest is zone 1.75; the lowest is zone 1.95. Shops are rated about 1.7 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Basweshwar Chowk area
Ready Reckoner for Basweshwar Chowk area has 4 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 Latur 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 |
|---|---|---|---|---|---|
| 1.75 | Properties on Kavha road (from Ratnadeep Talkies to Basaveshwar Chowk) | 45,100 | 27,940 | 47,150 | 84,000 |
| 1.78 | Properties on Kavha road (from Manthalenagar to Basaveshwar Chowk) | 45,100 | 24,150 | 47,150 | 84,000 |
| 1.92 | Properties on Kavha road (from Basaveshwar Chowk up to the southern limit of survey No. 176) | 28,600 | 6,340 | 29,900 | 42,000 |
| 1.95 | Properties on Kavha road (from Basaveshwar Chowk up to the southern limit of survey No. 178) | 27,780 | 6,000 | 29,900 | 42,000 |
Stamp duty and registration charges for a flat
In Maharashtra, stamp duty rate depends on whether Basweshwar Chowk 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
- ₹34.2 lakh
- 1,000 sq ft × ₹3,423 per sq ft
- Every 1% of stamp duty
- ₹34,230
- 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 Basweshwar Chowk depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹34.2 lakh, use the stamp duty calculator for Basweshwar Chowk 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 ₹3,423 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹34.2 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.
Basweshwar Chowk Ready Reckoner rate FAQs
What is Ready Reckoner rate in Basweshwar Chowk per sq ft?
About ₹3,423 per sq ft (₹36,850 per sq m) for a flat in Basweshwar Chowk on average. Zone rates run from ₹2,581 to ₹4,190 per sq ft, so use the rate for your own zone.
Which part of Basweshwar Chowk has the highest Ready Reckoner rate?
Zone 1.75, “Properties on Kavha road (from Ratnadeep Talkies to Basaveshwar Chowk)”, at ₹45,100 per sq m (about ₹4,190 per sq ft). The lowest is zone 1.95 at ₹27,780 per sq m.
Is stamp duty in Basweshwar Chowk 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 Basweshwar Chowk's average flat rate has a Ready Reckoner value of about ₹34.2 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Basweshwar Chowk changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Basweshwar Chowk's average flat rate stays at ₹36,850 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Basweshwar Chowk 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 Basweshwar Chowk's average ₹3,423 per sq ft, that is roughly ₹37.7 lakh to ₹41.1 lakh.
What is Ready Reckoner rate for shops in Basweshwar Chowk?
About ₹5,853 per sq ft (₹63,000 per sq m) on average, around 1.7 times the flat rate. Offices average ₹38,525 per sq m.
Ready Reckoner rates in other Latur taluka areas
Kanheri
Latur · flat ₹2,861/sq ft, 16% lower than Basweshwar Chowk
Khadgaon
Latur · flat ₹2,586/sq ft, 24% lower than Basweshwar Chowk
Barshi Road
Latur · flat ₹3,372/sq ft, similar rate
Mini Market
Latur · flat ₹3,475/sq ft, similar rate
Tilak Nagar
Latur · flat ₹3,168/sq ft, 7% lower than Basweshwar Chowk
Market Yard
Latur · flat ₹3,525/sq ft, similar rate
See all 45 areas on the Latur Ready Reckoner rate page, or compare Basweshwar Chowk with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Latur, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in