Average Ready Reckoner rate for a flat in Panchavati area
₹4,732 per sq ft
₹50,930 per sq m
- Range by zone
- ₹2,950–₹4,813
- Zones
- 6
- In Nashik
- 5th highest
- Applicable from
- 1 Apr 2025
Panchavati Ready Reckoner rate per sq ft by property type
Residential (flat)
₹4,732 per sq ft
₹50,930 per sq m
Range by zone ₹2,950–₹4,813
Open land (plot)
₹2,380 per sq ft
₹25,620 per sq m
Range by zone ₹200–₹3,075
Office
₹5,440 per sq ft
₹58,560 per sq m
Range by zone ₹3,392–₹5,535
Shops
₹7,082 per sq ft
₹76,230 per sq m
Range by zone ₹3,716–₹7,419
Flat rates in the Panchavati locality range from ₹2,950 to ₹4,813 per sq ft (₹31,750 to ₹51,810 per sq m), depending on the zone. The highest is zone 1.19; the lowest is zone 1.21. Shops are rated about 1.5 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Panchavati area
Ready Reckoner for Panchavati 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 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 Nashik 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 |
|---|---|---|---|---|---|
| 1.17 | Road - from Victoria bridge eastwards to Panchavati Karanja - properties in the residential and allied-use division | 50,930 | 32,300 | 58,560 | 76,230 |
| 1.18 | Road - from Panchavati Karanja to Dindori Naka - properties in the residential and allied-use division | 50,930 | 33,100 | 58,560 | 76,230 |
| 1.19 | Road - old Mumbai-Agra Road from Dindori Naka to the Waghadi river and Fire Brigade Road - properties in the residential and allied-use division | 51,810 | 32,300 | 59,580 | 79,860 |
| 1.20 | Land parcel - other interiors excluding 1.17 to 1.19 - properties in the residential and allied-use division | 39,080 | 18,940 | 44,940 | 55,330 |
| 1.21 | Land parcel - of the other interior properties excluding properties in the road division, those north of the Godavari - properties in the residential and allied-use division | 31,750 | 10,890 | 36,510 | 40,000 |
| 1.22 | No-development division, per sq m. rate | — | 2,150 | — | — |
— 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 Panchavati 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
- ₹47.3 lakh
- 1,000 sq ft × ₹4,732 per sq ft
- Every 1% of stamp duty
- ₹47,320
- 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 Panchavati depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹47.3 lakh, use the stamp duty calculator for Panchavati 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 ₹4,732 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹47.3 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.
Panchavati Ready Reckoner rate FAQs
What is Ready Reckoner rate in Panchavati per sq ft?
About ₹4,732 per sq ft (₹50,930 per sq m) for a flat in Panchavati on average. Zone rates run from ₹2,950 to ₹4,813 per sq ft, so use the rate for your own zone.
Which part of Panchavati has the highest Ready Reckoner rate?
Zone 1.19 at ₹51,810 per sq m (about ₹4,813 per sq ft). The lowest is zone 1.21 at ₹31,750 per sq m.
Is stamp duty in Panchavati 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 Panchavati's average flat rate has a Ready Reckoner value of about ₹47.3 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Panchavati changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Panchavati's average flat rate stays at ₹50,930 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Panchavati 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 Panchavati's average ₹4,732 per sq ft, that is roughly ₹52 lakh to ₹56.8 lakh.
What is Ready Reckoner rate for shops in Panchavati?
About ₹7,082 per sq ft (₹76,230 per sq m) on average, around 1.5 times the flat rate. Offices average ₹58,560 per sq m.
Ready Reckoner rates in other Nashik taluka areas
Makhmalabad
Nashik · flat ₹3,100/sq ft, 34% lower than Panchavati
Nashik TP Scheme 2
Nashik · flat ₹5,463/sq ft, 15% higher than Panchavati
Dindori Road
Nashik · flat ₹4,292/sq ft, 9% lower than Panchavati
Nimani
Nashik · flat ₹4,905/sq ft, similar rate
Anandvalli
Nashik · flat ₹4,267/sq ft, 10% lower than Panchavati
Nashik TP Scheme 1
Nashik · flat ₹5,314/sq ft, 12% higher than Panchavati
See all 108 areas on the Nashik Ready Reckoner rate page, or compare Panchavati with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Nashik, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in