Average Ready Reckoner rate for a flat in Mahad area
₹2,369 per sq ft
₹25,500 per sq m
- Zones
- 11
- In Raigad
- 3rd lowest
- Applicable from
- 1 Apr 2025
Mahad Ready Reckoner rate per sq ft by property type
Residential (flat)
₹2,369 per sq ft
₹25,500 per sq m
1 zone
Open land (plot)
₹417 per sq ft
₹4,490 per sq m
Range by zone ₹32–₹941
Office
₹2,954 per sq ft
₹31,800 per sq m
1 zone
Shops
₹3,475 per sq ft
₹37,400 per sq m
1 zone
Industrial
₹2,954 per sq ft
₹31,800 per sq m
1 zone
Zone wise Ready Reckoner rate in Mahad area
Ready Reckoner for Mahad area has 11 zones. They are described in words, 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 Mahad 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 | Industrial₹/sq m |
|---|---|---|---|---|---|---|
| 1/1 | Facing the highway developed lands for residential and other uses | — | 10,130 | — | — | — |
| 1/2 | Buildable residential land on the highway | — | 5,000 | — | — | — |
| 2/1 | Built-up residential land on important roads | — | 9,680 | — | — | — |
| 2/2 | Facing other important roads developable lands for residential and other uses | — | 4,780 | — | — | — |
| 2/3 | Farm land on important roads | — | 362 | — | — | — |
| 2/3/A | Farm land on important roads | — | 600 | — | — | — |
| 3/1 | Remaining developed lands for residential and other uses of the place | — | 4,490 | — | — | — |
| 3/2 | Remaining developable lands for residential and other uses of the place | — | 2,990 | — | — | — |
| 3/3 | Remaining agricultural lands of the place | — | 346 | — | — | — |
| 3/3/A | Remaining agricultural lands of the place | — | 580 | — | — | — |
| 4/2 | Other properties in the village settlement (old village settlement) | 25,500 | 5,490 | 31,800 | 37,400 | 31,800 |
— 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 Mahad 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
- ₹23.7 lakh
- 1,000 sq ft × ₹2,369 per sq ft
- Every 1% of stamp duty
- ₹23,690
- The Sub-Registrar office can tell you the rate here
- Registration fee (1%)
- ₹23,690
- Capped at ₹30,000
- Women buying a home on their own pay 1% less stamp duty.
- Stamp duty rate for Mahad depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹23.7 lakh, use the stamp duty calculator for Mahad 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 ₹2,369 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹23.7 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.
Mahad Ready Reckoner rate FAQs
What is Ready Reckoner rate in Mahad per sq ft?
₹2,369 per sq ft (₹25,500 per sq m) for a flat.
Is stamp duty in Mahad 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 Mahad's flat rate has a Ready Reckoner value of about ₹23.7 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Mahad changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Mahad's flat rate stays at ₹25,500 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Mahad 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 Mahad's average ₹2,369 per sq ft, that is roughly ₹26.1 lakh to ₹28.4 lakh.
What is Ready Reckoner rate for shops in Mahad?
About ₹3,475 per sq ft (₹37,400 per sq m) on average, around 1.5 times the flat rate. Offices average ₹31,800 per sq m.
Do women pay less stamp duty in Mahad?
Yes, on homes bought only by women, with no male co-buyer: duty is 1% lower. That saves about ₹23,700 on a ₹23.7 lakh Ready Reckoner value.
Ready Reckoner rates in other Raigad areas
Khopoli
Khalapur · flat ₹3,084/sq ft, 30% higher than Mahad
Dronagiri
Uran · flat ₹4,209/sq ft, 78% higher than Mahad
Mangaon
Mangaon · flat ₹2,350/sq ft, about the same
Mhasla
Mhasala · flat ₹2,378/sq ft, about the same
Tala
Tala · flat ₹2,258/sq ft, similar rate
Ambivali
Pen · flat ₹2,611/sq ft, 10% higher than Mahad
See all 98 areas on the Raigad Ready Reckoner rate page, or compare Mahad with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Raigad, Mahad, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in