Average Ready Reckoner rate for a flat in Basmat Road area
₹3,380 per sq ft
₹36,380 per sq m
- Range by zone
- ₹2,555–₹3,475
- Zones
- 3
- In Parbhani
- 3rd highest
- Applicable from
- 1 Apr 2025
Basmat Road Ready Reckoner rate per sq ft by property type
Residential (flat)
₹3,380 per sq ft
₹36,380 per sq m
Range by zone ₹2,555–₹3,475
Open land (plot)
₹1,439 per sq ft
₹15,490 per sq m
Range by zone ₹578–₹1,577
Office
₹3,633 per sq ft
₹39,100 per sq m
Range by zone ₹2,671–₹3,633
Shops
₹5,853 per sq ft
₹63,000 per sq m
Range by zone ₹3,798–₹6,132
Flat rates in the Basmat Road locality range from ₹2,555 to ₹3,475 per sq ft (₹27,500 to ₹37,400 per sq m), depending on the zone. The highest is zone 1.1; the lowest is zone 1.3. Shops are rated about 1.7 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Basmat Road area
Ready Reckoner for Basmat Road area has 3 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 Parbhani 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 |
|---|---|---|---|---|---|
| 1.1 | Properties on Vasmat Road from the Shivaji statue to Rajgopal Chari Udyan - residential division | 37,400 | 16,970 | 39,100 | 66,000 |
| 1.2 | Properties on Vasmat Road - from Rajgopal Chari Udyan to the Agricultural University | 36,380 | 15,490 | 39,100 | 63,000 |
| 1.3 | All properties - residential division | 27,500 | 6,220 | 28,750 | 40,880 |
Stamp duty and registration charges for a flat
In Maharashtra, stamp duty rate depends on whether Basmat 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
- ₹33.8 lakh
- 1,000 sq ft × ₹3,380 per sq ft
- Every 1% of stamp duty
- ₹33,800
- 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 Basmat Road depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹33.8 lakh, use the stamp duty calculator for Basmat 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 ₹3,380 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹33.8 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.
Basmat Road Ready Reckoner rate FAQs
What is Ready Reckoner rate in Basmat Road per sq ft?
About ₹3,380 per sq ft (₹36,380 per sq m) for a flat in Basmat Road on average. Zone rates run from ₹2,555 to ₹3,475 per sq ft, so use the rate for your own zone.
Which part of Basmat Road has the highest Ready Reckoner rate?
Zone 1.1 at ₹37,400 per sq m (about ₹3,475 per sq ft). The lowest is zone 1.3 at ₹27,500 per sq m.
Is stamp duty in Basmat 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 Basmat Road's average flat rate has a Ready Reckoner value of about ₹33.8 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Basmat Road changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Basmat Road's average flat rate stays at ₹36,380 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Basmat 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 Basmat Road's average ₹3,380 per sq ft, that is roughly ₹37.2 lakh to ₹40.6 lakh.
What is Ready Reckoner rate for shops in Basmat Road?
About ₹5,853 per sq ft (₹63,000 per sq m) on average, around 1.7 times the flat rate. Offices average ₹39,100 per sq m.
Ready Reckoner rates in other Parbhani taluka areas
Khanapur Tarf Zari
Parbhani · flat ₹2,064/sq ft, 39% lower than Basmat Road
Canal
Parbhani · flat ₹2,064/sq ft, 39% lower than Basmat Road
Dunlop Road
Parbhani · flat ₹3,237/sq ft, similar rate
Ambedkar Road
Parbhani · flat ₹3,423/sq ft, similar rate
Subhash Road
Parbhani · flat ₹3,117/sq ft, 8% lower than Basmat Road
Mahatma Gandhi Road
Parbhani · flat ₹3,832/sq ft, 13% higher than Basmat Road
See all 40 areas on the Parbhani Ready Reckoner rate page, or compare Basmat Road with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Parbhani, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in