Average Ready Reckoner rate for a flat in Ring Road area
₹2,749 per sq ft
₹29,590 per sq m
- Range by zone
- ₹2,210–₹3,066
- Zones
- 16
- Applicable from
- 1 Apr 2025
Ring Road Ready Reckoner rate per sq ft by property type
Residential (flat)
₹2,749 per sq ft
₹29,590 per sq m
Range by zone ₹2,210–₹3,066
Open land (plot)
₹801 per sq ft
₹8,625 per sq m
Range by zone ₹327–₹1,408
Office
₹2,885 per sq ft
₹31,050 per sq m
Range by zone ₹2,323–₹3,400
Shops
₹4,413 per sq ft
₹47,500 per sq m
Range by zone ₹2,787–₹6,410
Flat rates in the Ring Road locality range from ₹2,210 to ₹3,066 per sq ft (₹23,790 to ₹33,000 per sq m), depending on the zone. The highest is “Properties on Ring Road (from Basaveshwar Chowk to the new Market Yard” (zone 1.76); the lowest is “On this Ring Road, S.O.S. Balgram area” (zone 1.41). Shops are rated about 1.6 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Ring Road area
Ready Reckoner for Ring Road area has 16 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 |
|---|---|---|---|---|---|
| 1.41 | On this Ring Road — S.O.S. Balgram area | 23,790 | 5,730 | 25,000 | 47,000 |
| 1.76 | Properties on Ring Road (from Basaveshwar Chowk to the new Market Yard | 33,000 | 15,160 | 36,000 | 69,000 |
| 1.79 | Properties on Ring Road (from Basaveshwar Chowk up to survey No. 151 | 31,900 | 14,130 | 34,000 | 65,000 |
| 1.80 | Other properties | 29,480 | 8,470 | 31,050 | 48,000 |
| 1.81 | Properties on Ring Road (from the western limit of survey No. 151 up to Sikandarpur road | 30,800 | 12,860 | 33,000 | 62,000 |
| 1.84 | All properties on Ring Road (from Sikandarpur Road up to Babhalgaon road) | 30,280 | 8,780 | 33,350 | 44,000 |
| 1.89 | Properties on Ring Road (from Nanded road up to Babhalgaon road | 28,220 | 8,460 | 29,500 | 55,000 |
| 1.90 | Other properties | 26,400 | 3,850 | 27,600 | 34,650 |
| 1.91 | Properties on Ring Road (from Basaveshwar Chowk up to the eastern limit of survey No. 150) | 33,000 | 14,350 | 34,500 | 66,000 |
| 1.94 | All properties on Ring Road (from Basaveshwar Chowk up to the new Market Yard) | 33,000 | 13,800 | 36,600 | 68,600 |
| 1.142 | Properties on Ring Road (new Renapur Naka to survey No. 289) | 29,700 | 9,760 | 31,050 | 38,000 |
| 1.146 | Properties on Ring Road (survey No. 289 to the eastern boundary of survey No. 334) | 28,600 | 8,470 | 29,900 | 37,800 |
| 1.147 | Other properties | 26,400 | 3,520 | 27,600 | 36,000 |
| 1.148 | Properties on Ring Road (from the eastern boundary of survey No. 150 to Sikandarpur Road) | 30,800 | 12,810 | 32,200 | 53,200 |
| 1.149 | Properties on Katpur Road (Ring Road to M.C. boundary) | 26,080 | 5,060 | 27,500 | 32,000 |
| 1.150 | Other properties | 24,200 | 3,740 | 25,300 | 30,000 |
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
- ₹27.5 lakh
- 1,000 sq ft × ₹2,749 per sq ft
- Every 1% of stamp duty
- ₹27,490
- The Sub-Registrar office can tell you the rate here
- Registration fee (1%)
- ₹27,490
- 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 ₹27.5 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 ₹2,749 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹27.5 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.
Ring Road Ready Reckoner rate FAQs
What is Ready Reckoner rate in Ring Road per sq ft?
About ₹2,749 per sq ft (₹29,590 per sq m) for a flat in Ring Road on average. Zone rates run from ₹2,210 to ₹3,066 per sq ft, so use the rate for your own zone.
Which part of Ring Road has the highest Ready Reckoner rate?
Zone 1.76, “Properties on Ring Road (from Basaveshwar Chowk to the new Market Yard”, at ₹33,000 per sq m (about ₹3,066 per sq ft). The lowest is zone 1.41, “On this Ring Road, S.O.S. Balgram area”, at ₹23,790 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 ₹27.5 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 ₹29,590 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 ₹2,749 per sq ft, that is roughly ₹30.2 lakh to ₹33 lakh.
What is Ready Reckoner rate for shops in Ring Road?
About ₹4,413 per sq ft (₹47,500 per sq m) on average, around 1.6 times the flat rate. Offices average ₹31,050 per sq m.
Ready Reckoner rates in other Latur taluka areas
Kanheri
Latur · flat ₹2,861/sq ft, similar rate
Khadgaon
Latur · flat ₹2,586/sq ft, 6% lower than Ring Road
Vivekanand Chowk
Latur · flat ₹2,642/sq ft, similar rate
Balaji Temple
Latur · flat ₹2,759/sq ft, about the same
Wasangaon
Latur · flat ₹2,613/sq ft, similar rate
Dasara Maidan
Latur · flat ₹2,759/sq ft, about the same
See all 45 areas on the Latur Ready Reckoner rate page, or compare Ring Road 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