Average Ready Reckoner rate for a flat in VIP Road area
₹3,372 per sq ft
₹36,300 per sq m
- Range by zone
- ₹2,832–₹6,132
- Zones
- 12
- In Nanded
- 8th highest
- Applicable from
- 1 Apr 2025
VIP Road Ready Reckoner rate per sq ft by property type
Residential (flat)
₹3,372 per sq ft
₹36,300 per sq m
Range by zone ₹2,832–₹6,132
Open land (plot)
₹1,324 per sq ft
₹14,250 per sq m
Range by zone ₹39–₹4,846
Office
₹3,684 per sq ft
₹39,650 per sq m
Range by zone ₹2,991–₹6,410
Shops
₹5,723 per sq ft
₹61,600 per sq m
Range by zone ₹4,181–₹11,055
Flat rates in the VIP Road locality range from ₹2,832 to ₹6,132 per sq ft (₹30,480 to ₹66,000 per sq m), depending on the zone. The highest is zone 1.46; the lowest is zone 1.59. Shops are rated about 1.7 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in VIP Road area
Ready Reckoner for VIP Road area has 12 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 Nanded 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 |
|---|---|---|---|---|---|
| 1.5 | No-development properties, per sq m | — | 420 | — | — |
| 1.5A | No-development properties, per sq m. | — | 1,000 | — | — |
| 1.46 | All properties in the Ghamodia Factory (all properties in Doctor Lane | 66,000 | 52,160 | 69,000 | 1,19,000 |
| 1.48 | Properties on the road from the Overbridge to the Government Rest House | 52,880 | 31,100 | 56,350 | 81,000 |
| 1.49 | Properties on both sides of the road from Godavari Complex to Thakkar Industries on V.I.P. Road | 52,880 | 31,100 | 56,350 | 79,000 |
| 1.50. | Properties on the west side of the road from V.I.P. Road (Government Polytechnic) to Bhagyanagar Road, Mahatma Phule High School (up to the boundary of Majananded) | 37,400 | 17,900 | 42,500 | 66,000 |
| 1.51 | Properties on both sides of the road from the Pomde Building to the weekly market to the Railway Station | 35,200 | 15,280 | 36,800 | 54,000 |
| 1.52 | Properties on both sides of the roads from Shivajinagar Chowk to behind Gokulnagar weekly market, from Kothari Complex to the weekly market, and from the Umerkar Building to Jyoti Chitramandir | 33,000 | 13,220 | 36,300 | 57,200 |
| 1.53 | Properties in the area adjoining the rest house | 31,900 | 12,200 | 33,350 | 48,000 |
| 1.54 | Excluding the properties on the remaining roads, all remaining properties in the western part of the Pomde Building to weekly market road | 30,800 | 10,780 | 32,200 | 45,000 |
| 1.57 | Properties on both sides of the road from the Pomde Building to Vidyut Bhavan (V.I.P. Road) | 50,600 | 30,770 | 52,900 | 74,000 |
| 1.59 | Excluding the properties on the above road, properties in the eastern part of the Pomde Building to weekly market road: Mastanpura, Vishnunagar, Railway Station, Hamalwadi, and the remaining properties | 30,480 | 8,840 | 32,200 | 48,000 |
— 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 VIP 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
- ₹33.7 lakh
- 1,000 sq ft × ₹3,372 per sq ft
- Every 1% of stamp duty
- ₹33,720
- 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 VIP Road depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹33.7 lakh, use the stamp duty calculator for VIP 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 ₹3,372 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹33.7 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.
VIP Road Ready Reckoner rate FAQs
What is Ready Reckoner rate in VIP Road per sq ft?
About ₹3,372 per sq ft (₹36,300 per sq m) for a flat in VIP Road on average. Zone rates run from ₹2,832 to ₹6,132 per sq ft, so use the rate for your own zone.
Which part of VIP Road has the highest Ready Reckoner rate?
Zone 1.46, “All properties in the Ghamodia Factory (all properties in Doctor Lane”, at ₹66,000 per sq m (about ₹6,132 per sq ft). The lowest is zone 1.59 at ₹30,480 per sq m.
Is stamp duty in VIP 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 VIP Road's average flat rate has a Ready Reckoner value of about ₹33.7 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in VIP Road changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so VIP Road's average flat rate stays at ₹36,300 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in VIP 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 VIP Road's average ₹3,372 per sq ft, that is roughly ₹37.1 lakh to ₹40.5 lakh.
What is Ready Reckoner rate for shops in VIP Road?
About ₹5,723 per sq ft (₹61,600 per sq m) on average, around 1.7 times the flat rate. Offices average ₹39,650 per sq m.
Ready Reckoner rates in other Nanded taluka areas
Vazirabad
Nanded · flat ₹2,964/sq ft, 12% lower than VIP Road
Taroda Budruk
Nanded · flat ₹2,623/sq ft, 22% lower than VIP Road
Assadullabad
Nanded · flat ₹3,219/sq ft, similar rate
Sarafa
Nanded · flat ₹3,511/sq ft, similar rate
Naya Mondha
Nanded · flat ₹3,168/sq ft, 6% lower than VIP Road
Hingoli Road
Nanded · flat ₹3,577/sq ft, 6% higher than VIP Road
See all 49 areas on the Nanded Ready Reckoner rate page, or compare VIP Road with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Nanded, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in