Average Ready Reckoner rate for a flat in Palam area
₹1,691 per sq ft
₹18,200 per sq m
- Range by zone
- ₹1,691–₹1,700
- Zones
- 25
- Applicable from
- 1 Apr 2025
Palam Ready Reckoner rate per sq ft by property type
Residential (flat)
₹1,691 per sq ft
₹18,200 per sq m
Range by zone ₹1,691–₹1,700
Open land (plot)
₹172 per sq ft
₹1,850 per sq m
Range by zone ₹79–₹228
Office
₹1,942 per sq ft
₹20,900 per sq m
Range by zone ₹1,942–₹1,951
Shops
₹2,118 per sq ft
₹22,800 per sq m
Range by zone ₹2,118–₹2,127
Flat rates in the Palam locality range from ₹1,691 to ₹1,700 per sq ft (₹18,200 to ₹18,300 per sq m), depending on the zone. The highest is zone 1.17; the lowest is zone 1.1.
Zone wise Ready Reckoner rate in Palam area
Ready Reckoner for Palam area has 25 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 Palam 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 | Residential properties on the State Road going from Shivaji Chowk towards Loha | 18,200 | 2,450 | 20,900 | 22,800 |
| 1.1/1 | No-development properties on the State Road going from Shivaji Chowk towards Loha, per sq m | — | 1,850 | — | — |
| 1.2 | Residential properties on the State Road going from Shivaji Chowk towards Gangakhed | 18,200 | 2,450 | 20,900 | 22,800 |
| 1.2/1 | No-development properties on the State Road going from Shivaji Chowk towards Gangakhed / per sq m | — | 1,850 | — | — |
| 1.3 | Residential properties on the State Road going from Shivaji Chowk towards Jawala | 18,200 | 2,350 | 20,900 | 22,800 |
| 1.4 | Residential properties on the State Road going from Shivaji Chowk towards Pimpalgaon | 18,200 | 2,350 | 20,900 | 22,800 |
| 1.4/1 | No-development properties on the State Road going from Shivaji Chowk towards Pimpalgaon / per sq m | — | 1,850 | — | — |
| 1.5 | Remaining residential division on the Shivaji Chowk-Gangakhed State Road | 18,200 | 1,700 | 20,900 | 22,800 |
| 1.5/1 | Remaining no-development properties on the north side of the Shivaji Chowk-Gangakhed State Road / per sq m | — | 850 | — | — |
| 1.6 | Remaining residential properties on the south side of the Shivaji Chowk-Gangakhed State Road | 18,200 | 2,100 | 20,900 | 22,800 |
| 1.6/1 | Remaining no-development properties on the south side of the Shivaji Chowk-Gangakhed State Road / per sq m | — | 1,175 | — | — |
| 1.7 | Remaining residential division on the south side of the Shivaji Chowk-Loha State Road | 18,200 | 1,700 | 20,900 | 22,800 |
| 1.7/1 | Remaining no-development division on the south side of the Shivaji Chowk-Loha State Road / per sq m | — | 850 | — | — |
| 1.8 | Residential properties on the north side of the Shivaji Chowk-Loha State Road | 18,200 | 1,700 | 20,900 | 22,800 |
| 1.8/1 | No-development properties on the north side of the Shivaji Chowk-Loha State Road / per sq m | — | 850 | — | — |
| 1.9 | No-development division on the State Road going towards Gangakhed, per sq m | — | 1,850 | — | — |
| 1.10 | No-development division properties on the State Road going towards Jawala, per sq m | — | 1,850 | — | — |
| 1.11 | No-development division on the State Road going towards Loha, per sq m | — | 1,850 | — | — |
| 1.12 | No-development properties on the State Road going towards Pimpalgaon, per sq m | — | 1,850 | — | — |
| 1.13 | Remaining no-development division between the Gangakhed-Pimpalgaon State Road, per sq m | — | 1,175 | — | — |
| 1.14 | Remaining no-development area between the Gangakhed and Jawala State roads, per sq m | — | 850 | — | — |
| 1.15 | Remaining no-development area between the roads going towards Jawala and Loha, per sq m | — | 850 | — | — |
| 1.16 | Remaining no-development division between the Pimpalgaon / Loha State Road, per sq m | — | 850 | — | — |
| 1.17 | Properties on the 6-metre and 9-metre wide village settlement main road | 18,300 | 2,230 | 21,000 | 22,900 |
| 1.18 | Properties on the internal village settlement roads narrower than the 6-metre-wide road | 18,200 | 2,200 | 20,900 | 22,800 |
— 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 Palam 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
- ₹16.9 lakh
- 1,000 sq ft × ₹1,691 per sq ft
- Every 1% of stamp duty
- ₹16,910
- The Sub-Registrar office can tell you the rate here
- Registration fee (1%)
- ₹16,910
- Capped at ₹30,000
- Women buying a home on their own pay 1% less stamp duty.
- Stamp duty rate for Palam depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹16.9 lakh, use the stamp duty calculator for Palam 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 ₹1,691 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹16.9 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.
Palam Ready Reckoner rate FAQs
What is Ready Reckoner rate in Palam per sq ft?
About ₹1,691 per sq ft (₹18,200 per sq m) for a flat in Palam on average. Zone rates run from ₹1,691 to ₹1,700 per sq ft, so use the rate for your own zone.
Which part of Palam has the highest Ready Reckoner rate?
Zone 1.17 at ₹18,300 per sq m (about ₹1,700 per sq ft). The lowest is zone 1.1 at ₹18,200 per sq m.
Is stamp duty in Palam 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 Palam's average flat rate has a Ready Reckoner value of about ₹16.9 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Palam changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Palam's average flat rate stays at ₹18,200 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Palam 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 Palam's average ₹1,691 per sq ft, that is roughly ₹18.6 lakh to ₹20.3 lakh.
What is Ready Reckoner rate for shops in Palam?
About ₹2,118 per sq ft (₹22,800 per sq m) on average, around 1.3 times the flat rate. Offices average ₹20,900 per sq m.
Ready Reckoner rates in other Parbhani areas
Gangakhed
Gangakhed · flat ₹1,686/sq ft, about the same
Selu
Selu · flat ₹1,686/sq ft, about the same
Maragalwadi
Gangakhed · flat ₹1,687/sq ft, about the same
Manwath
Manwath · flat ₹1,697/sq ft, about the same
Maliwada
Pathri · flat ₹1,687/sq ft, about the same
Jintur
Jintur · flat ₹1,700/sq ft, about the same
See all 40 areas on the Parbhani Ready Reckoner rate page, or compare Palam with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Parbhani, Palam, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in