Average Ready Reckoner rate for a flat in Turbhe area
₹3,660 per sq ft
₹39,400 per sq m
- Range by zone
- ₹3,605–₹3,716
- Zones
- 11
- Applicable from
- 1 Apr 2025
Turbhe Ready Reckoner rate per sq ft by property type
Residential (flat)
₹3,660 per sq ft
₹39,400 per sq m
Range by zone ₹3,605–₹3,716
Open land (plot)
₹499 per sq ft
₹5,370 per sq m
Range by zone ₹51–₹699
Office
₹4,357 per sq ft
₹46,900 per sq m
Range by zone ₹4,218–₹4,413
Shops
₹5,230 per sq ft
₹56,300 per sq m
Range by zone ₹4,738–₹5,314
Industrial
₹4,357 per sq ft
₹46,900 per sq m
Range by zone ₹4,218–₹4,413
Agricultural / green zone
₹36,51,700–46,37,700 / hectare
About ₹365–₹464/sq m
2 zones, not in the average figures
Flat rates in the Turbhe locality range from ₹3,605 to ₹3,716 per sq ft (₹38,800 to ₹40,000 per sq m), depending on the zone. The highest is zone 4.2; the lowest is zone 3.2. Shops are rated about 1.4 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Turbhe area
Ready Reckoner for Turbhe 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 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.
Farm and green-zone land is rated per hectare, so it has its own column.
Still not sure? The Panvel 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 | Agri / green zone₹/hectare |
|---|---|---|---|---|---|---|---|
| 2.1 | Built-up residential land on important roads | 39,700 | 6,090 | 47,300 | 56,900 | 47,300 | — |
| 2.2 | Other facing important roads developable lands for residential and other uses | 39,400 | 5,780 | 45,400 | 51,400 | 45,400 | — |
| 2.3 | Farm land on important roads | — | 635 | — | — | — | — |
| 2.3.1 | Farm land on important roads | — | 1,060 | — | — | — | — |
| 2.4 | No development zone | — | — | — | — | — | 46,37,700 |
| 3.1 | Built-up residential land in other areas | 39,100 | 5,710 | 46,900 | 56,300 | 46,900 | — |
| 3.2 | Buildable residential land in other areas | 38,800 | 5,370 | 45,400 | 51,000 | 45,400 | — |
| 3.3 | Farm land in other areas | — | 551 | — | — | — | — |
| 3.3.1 | Farm land in other areas | — | 920 | — | — | — | — |
| 3.4 | No development zone | — | — | — | — | — | 36,51,700 |
| 4.2 | Properties in the village settlement (old village settlement) | 40,000 | 7,520 | 47,500 | 57,200 | 47,500 | — |
— 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 Turbhe 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
- ₹36.6 lakh
- 1,000 sq ft × ₹3,660 per sq ft
- Every 1% of stamp duty
- ₹36,600
- 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 Turbhe depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹36.6 lakh, use the stamp duty calculator for Turbhe 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 ₹3,660 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹36.6 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.
Turbhe Ready Reckoner rate FAQs
What is Ready Reckoner rate in Turbhe per sq ft?
About ₹3,660 per sq ft (₹39,400 per sq m) for a flat in Turbhe on average. Zone rates run from ₹3,605 to ₹3,716 per sq ft, so use the rate for your own zone.
Why are some Ready Reckoner rates in Turbhe given per hectare?
2 zones are agricultural or green-zone land, which Ready Reckoner lists per hectare. They run from ₹36,51,700 to ₹46,37,700 per hectare. One hectare is 10,000 sq m, about 2.47 acres.
Which part of Turbhe has the highest Ready Reckoner rate?
Zone 4.2 at ₹40,000 per sq m (about ₹3,716 per sq ft). The lowest is zone 3.2 at ₹38,800 per sq m.
Is stamp duty in Turbhe 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 Turbhe's average flat rate has a Ready Reckoner value of about ₹36.6 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Turbhe changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Turbhe's average flat rate stays at ₹39,400 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Turbhe 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 Turbhe's average ₹3,660 per sq ft, that is roughly ₹40.3 lakh to ₹43.9 lakh.
Ready Reckoner rates in other Panvel taluka areas
Kalundre
Panvel · flat ₹5,384/sq ft, 47% higher than Turbhe
Navade
Panvel · flat ₹4,989/sq ft, 36% higher than Turbhe
Moho
Panvel · flat ₹3,633/sq ft, about the same
Bid
Panvel · flat ₹3,670/sq ft, about the same
Shivkar
Panvel · flat ₹3,512/sq ft, similar rate
Owe
Panvel · flat ₹3,828/sq ft, similar rate
See all 98 areas on the Raigad Ready Reckoner rate page, or compare Turbhe with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Raigad, Panvel, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in