Average Ready Reckoner rate for a flat in New Ward area
₹2,909 per sq ft
₹31,310 per sq m
- Range by zone
- ₹2,643–₹3,267
- Zones
- 6
- Applicable from
- 1 Apr 2025
New Ward Ready Reckoner rate per sq ft by property type
Residential (flat)
₹2,909 per sq ft
₹31,310 per sq m
Range by zone ₹2,643–₹3,267
Open land (plot)
₹671 per sq ft
₹7,220 per sq m
Range by zone ₹512–₹1,019
Office
₹3,212 per sq ft
₹34,575 per sq m
Range by zone ₹2,925–₹3,716
Shops
₹4,102 per sq ft
₹44,150 per sq m
Range by zone ₹3,475–₹4,580
Flat rates in the New Ward locality range from ₹2,643 to ₹3,267 per sq ft (₹28,450 to ₹35,170 per sq m), depending on the zone. The highest is zone 10.2; the lowest is zone 10.6. Shops are rated about 1.4 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in New Ward area
Ready Reckoner for New Ward area has 6 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 survey number from your 7/12 extract (satbara utara) to the Sub-Registrar office, and they can tell you the zone code to type here.
Still not sure? The Malegaon 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 |
|---|---|---|---|---|---|
| 10.1 | Of the zone north on the limit east-west Road Killa police Station to Neharu Chowk Road - properties in the residential and allied zone | 31,420 | 7,220 | 34,780 | 44,200 |
| 10.2 | Of the zone south on the limit east-west Road Ikabala Road - Ramasetu to Ti Kandila Ajamela Chowk Road - properties in the residential and allied zone | 35,170 | 10,970 | 40,000 | 49,300 |
| 10.3 | South-north Mohana Pira Lane, Balaji Lane above - properties in the residential and allied zone | 31,200 | 7,510 | 34,370 | 44,100 |
| 10.4 | South-north Babasaheb Galliwarila - properties in the residential and allied zone | 30,380 | 6,700 | 33,550 | 42,000 |
| 10.5 | West on the limit south-north Tilak on the road - properties in the residential and allied zone | 31,420 | 7,220 | 34,780 | 44,200 |
| 10.6 | Development No. 10.1 to 10.5 above properties excluding internal - properties in the residential and allied zone | 28,450 | 5,510 | 31,480 | 37,400 |
Stamp duty and registration charges for a flat
In Maharashtra, stamp duty rate depends on whether New Ward 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
- ₹29.1 lakh
- 1,000 sq ft × ₹2,909 per sq ft
- Every 1% of stamp duty
- ₹29,090
- The Sub-Registrar office can tell you the rate here
- Registration fee (1%)
- ₹29,090
- Capped at ₹30,000
- Women buying a home on their own pay 1% less stamp duty.
- Stamp duty rate for New Ward depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹29.1 lakh, use the stamp duty calculator for New Ward 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 ₹2,909 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹29.1 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.
New Ward Ready Reckoner rate FAQs
What is Ready Reckoner rate in New Ward per sq ft?
About ₹2,909 per sq ft (₹31,310 per sq m) for a flat in New Ward on average. Zone rates run from ₹2,643 to ₹3,267 per sq ft, so use the rate for your own zone.
Which part of New Ward has the highest Ready Reckoner rate?
Zone 10.2 at ₹35,170 per sq m (about ₹3,267 per sq ft). The lowest is zone 10.6 at ₹28,450 per sq m.
Is stamp duty in New Ward 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 New Ward's average flat rate has a Ready Reckoner value of about ₹29.1 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in New Ward changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so New Ward's average flat rate stays at ₹31,310 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in New Ward 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 New Ward's average ₹2,909 per sq ft, that is roughly ₹32 lakh to ₹34.9 lakh.
What is Ready Reckoner rate for shops in New Ward?
About ₹4,102 per sq ft (₹44,150 per sq m) on average, around 1.4 times the flat rate. Offices average ₹34,575 per sq m.
Ready Reckoner rates in other Malegaon taluka areas
Soyagaon
Malegaon · flat ₹2,542/sq ft, 13% lower than New Ward
Islampura Ward
Malegaon · flat ₹2,810/sq ft, similar rate
Mangalwar Ward
Malegaon · flat ₹2,909/sq ft, about the same
Malegaon MIDC
Malegaon
Somwar Ward
Malegaon · flat ₹2,899/sq ft, about the same
Malegaon Textile Park
Malegaon
See all 108 areas on the Nashik Ready Reckoner rate page, or compare New Ward with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Nashik, Malegaon, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in