Average Ready Reckoner rate for a flat in Narayan Chal Road area
₹3,066 per sq ft
₹33,000 per sq m
- Zones
- 1
- In Parbhani
- 6th highest
- Applicable from
- 1 Apr 2025
Narayan Chal Road Ready Reckoner rate per sq ft by property type
Residential (flat)
₹3,066 per sq ft
₹33,000 per sq m
1 zone
Open land (plot)
₹1,267 per sq ft
₹13,640 per sq m
1 zone
Office
₹3,205 per sq ft
₹34,500 per sq m
1 zone
Shops
₹5,110 per sq ft
₹55,000 per sq m
1 zone
Ready Reckoner rate in Narayan Chal Road: one zone
Narayan Chal Road has one zone in the schedule, so one set of rates applies.
Want to confirm the rate? The Parbhani 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 |
|---|---|---|---|---|---|
| 1.22 | Narayan Chal Road - from Neeraj Hotel to the stadium, residential division (village settlement-like area) | 33,000 | 13,640 | 34,500 | 55,000 |
Stamp duty and registration charges for a flat
In Maharashtra, stamp duty rate depends on whether Narayan Chal 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 flat rate.
- Ready Reckoner value
- ₹30.7 lakh
- 1,000 sq ft × ₹3,066 per sq ft
- Every 1% of stamp duty
- ₹30,660
- 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 Narayan Chal Road depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹30.7 lakh, use the stamp duty calculator for Narayan Chal 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 ₹3,066 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹30.7 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.
Narayan Chal Road Ready Reckoner rate FAQs
What is Ready Reckoner rate in Narayan Chal Road per sq ft?
₹3,066 per sq ft (₹33,000 per sq m) for a flat. Narayan Chal Road has one zone, so this rate applies across it.
Does one Ready Reckoner rate cover all of Narayan Chal Road?
Yes. The schedule lists a single zone for Narayan Chal Road, zone 1.22. If your property isn't in it, the Parbhani Sub-Registrar office can tell you which entry applies.
Is stamp duty in Narayan Chal 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 Narayan Chal Road's flat rate has a Ready Reckoner value of about ₹30.7 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Narayan Chal Road changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Narayan Chal Road's flat rate stays at ₹33,000 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Narayan Chal 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 Narayan Chal Road's average ₹3,066 per sq ft, that is roughly ₹33.7 lakh to ₹36.8 lakh.
What is Ready Reckoner rate for shops in Narayan Chal Road?
About ₹5,110 per sq ft (₹55,000 per sq m) on average, around 1.7 times the flat rate. Offices average ₹34,500 per sq m.
Ready Reckoner rates in other Parbhani taluka areas
Khanapur Tarf Zari
Parbhani · flat ₹2,064/sq ft, 33% lower than Narayan Chal Road
Canal
Parbhani · flat ₹2,064/sq ft, 33% lower than Narayan Chal Road
Shastri Nagar
Parbhani · flat ₹2,759/sq ft, 10% lower than Narayan Chal Road
Subhash Road
Parbhani · flat ₹3,117/sq ft, similar rate
Nanal Peth
Parbhani · flat ₹2,759/sq ft, 10% lower than Narayan Chal Road
Dunlop Road
Parbhani · flat ₹3,237/sq ft, 6% higher than Narayan Chal Road
See all 40 areas on the Parbhani Ready Reckoner rate page, or compare Narayan Chal 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