Average Ready Reckoner rate for a flat in Budhwari area
₹4,260 per sq ft
₹45,850 per sq m
- Zones
- 1
- Applicable from
- 1 Apr 2025
Budhwari Ready Reckoner rate per sq ft by property type
Residential (flat)
₹4,260 per sq ft
₹45,850 per sq m
1 zone
Open land (plot)
₹2,241 per sq ft
₹24,120 per sq m
1 zone
Office
₹4,899 per sq ft
₹52,730 per sq m
1 zone
Shops
₹5,324 per sq ft
₹57,310 per sq m
1 zone
Ready Reckoner rate in Budhwari: one zone
Budhwari has one zone in the schedule, so one set of rates applies.
Want to confirm the rate? The Nagpur Urban Sub-Registrar office can confirm the rate 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 |
|---|---|---|---|---|---|
| 1.60/133 | Budhwari, Parwarpura, sheet no. 133 | 45,850 | 24,120 | 52,730 | 57,310 |
Stamp duty and registration charges for a flat
Inside the Pune, Pimpri-Chinchwad, Thane and Nagpur municipal corporations you pay 7% stamp duty and a 1% registration fee, capped at ₹30,000, on your agreement value or Ready Reckoner value, whichever is higher. Councils and villages have different rates. Here is the minimum for a 1,000 sq ft flat at 7%.
- Ready Reckoner value
- ₹42.6 lakh
- 1,000 sq ft × ₹4,260 per sq ft
- Stamp duty (7%)
- ₹2,98,200
- 5% duty + 1% LBT + 1% metro cess
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Minimum you pay
- ₹3,28,200
- If your price is higher, you pay more
- Women buying a home on their own pay 1% less stamp duty: 6% instead of 7%.
If your agreed price is more than ₹42.6 lakh, use the stamp duty calculator for Budhwari 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 ₹4,260 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹42.6 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.
Budhwari Ready Reckoner rate FAQs
What is Ready Reckoner rate in Budhwari per sq ft?
₹4,260 per sq ft (₹45,850 per sq m) for a flat. Budhwari has one zone, so this rate applies across it.
Does one Ready Reckoner rate cover all of Budhwari?
Yes. The schedule lists a single zone for Budhwari, zone 1.60/133. If your property isn't in it, the Nagpur Urban Sub-Registrar office can tell you which entry applies.
Is stamp duty in Budhwari 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 Budhwari's flat rate has a Ready Reckoner value of about ₹42.6 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Budhwari changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Budhwari's flat rate stays at ₹45,850 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Budhwari 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 Budhwari's average ₹4,260 per sq ft, that is roughly ₹46.9 lakh to ₹51.1 lakh.
What is Ready Reckoner rate for shops in Budhwari?
About ₹5,324 per sq ft (₹57,310 per sq m) on average, around 1.2 times the flat rate. Offices average ₹52,730 per sq m.
Ready Reckoner rates in other Nagpur Urban taluka areas
Ambazari
Nagpur Urban · flat ₹6,191/sq ft, 45% higher than Budhwari
Sitabuldi
Nagpur Urban · flat ₹7,627/sq ft, 79% higher than Budhwari
Satranjipura
Nagpur Urban · flat ₹3,977/sq ft, 7% lower than Budhwari
Untkhana
Nagpur Urban · flat ₹4,359/sq ft, similar rate
Manewada
Nagpur Urban · flat ₹3,910/sq ft, 8% lower than Budhwari
Raghuji Nagar
Nagpur Urban · flat ₹4,499/sq ft, 6% higher than Budhwari
See all 160 areas on the Nagpur Ready Reckoner rate page, or compare Budhwari with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Nagpur, Nagpur Urban, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in