Average Ready Reckoner rate for a flat in Shivajinagar area
₹2,165 per sq ft
₹23,305 per sq m
- Range by zone
- ₹2,149–₹2,181
- Zones
- 2
- In Satara
- 6th lowest
- Applicable from
- 1 Apr 2025
Shivajinagar Ready Reckoner rate per sq ft by property type
Residential (flat)
₹2,165 per sq ft
₹23,305 per sq m
Range by zone ₹2,149–₹2,181
Open land (plot)
₹519 per sq ft
₹5,585 per sq m
Range by zone ₹505–₹532
Office
₹2,490 per sq ft
₹26,805 per sq m
Range by zone ₹2,471–₹2,509
Shops
₹3,418 per sq ft
₹36,790 per sq m
Range by zone ₹2,727–₹4,109
Flat rates in the Shivajinagar locality range from ₹2,149 to ₹2,181 per sq ft (₹23,130 to ₹23,480 per sq m), depending on the zone. The highest is “Shivaji Nagar” (zone 5/20); the lowest is “Out of city survey no. 3320: 80 ft ring road” (zone 5/20/1). Shops are rated about 1.6 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Shivajinagar area
Ready Reckoner for Shivajinagar area has 2 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 Phaltan 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.
| Zone | Area covered | Flat₹/sq m | Open plot₹/sq m | Office₹/sq m | Shop₹/sq m |
|---|---|---|---|---|---|
| 5/20 | Shivaji Nagar | 23,480 | 5,730 | 27,010 | 29,350 |
| 5/20/1 | Out of city survey no. 3320: 80 ft ring road | 23,130 | 5,440 | 26,600 | 44,230 |
Stamp duty and registration charges for a flat
In Maharashtra, stamp duty rate depends on whether Shivajinagar 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
- ₹21.7 lakh
- 1,000 sq ft × ₹2,165 per sq ft
- Every 1% of stamp duty
- ₹21,650
- The Sub-Registrar office can tell you the rate here
- Registration fee (1%)
- ₹21,650
- Capped at ₹30,000
- Women buying a home on their own pay 1% less stamp duty.
- Stamp duty rate for Shivajinagar depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹21.7 lakh, use the stamp duty calculator for Shivajinagar 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 ₹2,165 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹21.7 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.
Shivajinagar Ready Reckoner rate FAQs
What is Ready Reckoner rate in Shivajinagar per sq ft?
About ₹2,165 per sq ft (₹23,305 per sq m) for a flat in Shivajinagar on average. Zone rates run from ₹2,149 to ₹2,181 per sq ft, so use the rate for your own zone.
Which part of Shivajinagar has the highest Ready Reckoner rate?
Zone 5/20, “Shivaji Nagar”, at ₹23,480 per sq m (about ₹2,181 per sq ft). The lowest is zone 5/20/1, “Out of city survey no. 3320: 80 ft ring road”, at ₹23,130 per sq m.
Is stamp duty in Shivajinagar 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 Shivajinagar's average flat rate has a Ready Reckoner value of about ₹21.7 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Shivajinagar changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Shivajinagar's average flat rate stays at ₹23,305 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Shivajinagar 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 Shivajinagar's average ₹2,165 per sq ft, that is roughly ₹23.8 lakh to ₹26 lakh.
What is Ready Reckoner rate for shops in Shivajinagar?
About ₹3,418 per sq ft (₹36,790 per sq m) on average, around 1.6 times the flat rate. Offices average ₹26,805 per sq m.
Ready Reckoner rates in other Phaltan taluka areas
Kasba Peth
Phaltan · flat ₹2,243/sq ft, similar rate
Mahatpura Peth
Phaltan · flat ₹2,206/sq ft, similar rate
Narali Baug
Phaltan · flat ₹2,095/sq ft, similar rate
Hudco Colony
Phaltan · flat ₹2,169/sq ft, about the same
Pratapnagar
Phaltan · flat ₹1,944/sq ft, 10% lower than Shivajinagar
Laxminagar
Phaltan · flat ₹2,185/sq ft, about the same
See all 57 areas on the Satara Ready Reckoner rate page, or compare Shivajinagar with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Satara, Phaltan, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in