Average Ready Reckoner rate for a flat in Budhwar Peth area
₹3,851 per sq ft
₹41,450 per sq m
- Range by zone
- ₹3,399–₹4,118
- Zones
- 9
- Applicable from
- 1 Apr 2025
Budhwar Peth Ready Reckoner rate per sq ft by property type
Residential (flat)
₹3,851 per sq ft
₹41,450 per sq m
Range by zone ₹3,399–₹4,118
Open land (plot)
₹1,046 per sq ft
₹11,260 per sq m
Range by zone ₹481–₹1,107
Office
₹4,460 per sq ft
₹48,010 per sq m
Range by zone ₹3,921–₹4,739
Shops
₹6,081 per sq ft
₹65,460 per sq m
Range by zone ₹4,536–₹9,576
Flat rates in the Budhwar Peth locality range from ₹3,399 to ₹4,118 per sq ft (₹36,590 to ₹44,330 per sq m), depending on the zone. The highest is zone 23/87; the lowest is zone 23/89. Shops are rated about 1.6 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Budhwar Peth area
Ready Reckoner for Budhwar Peth area has 9 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 North Solapur 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 |
|---|---|---|---|---|---|
| 23/86 | Budhwar Peth: property on the 70-feet Ring Road in the old Rajwada, last plot | 42,490 | 11,890 | 49,300 | 1,00,140 |
| 23/86.1 | Town Planning Scheme No. 2, Solapur | 41,450 | 11,260 | 47,810 | 1,03,080 |
| 23/87 | Budhwar Peth: 70-feet-wide Ring Road - Panjarapola Chowk to Samrata Chowk, Samrata Chowk to Bali Ves, Samrata Chowk to canal (old Bashir Road) (T.P. Scheme No. 2) (T.P. Scheme No. 4; C.S. Nos. C.S. Nos. 44, 45, 51, 41, 39) | 44,330 | 11,920 | 51,010 | 70,350 |
| 23/87.1 | Town Planning Scheme No. 2, Solapur | 41,400 | 11,370 | 47,620 | 69,490 |
| 23/87.2 | Town Planning Scheme No. 4, Solapur | 43,280 | 11,370 | 49,250 | 65,460 |
| 23/88 | Budhwar Peth: Samrata Chowk to Hanuman Nagar (70-feet Ring Road), Bali Ves to Hanuman Nagar (Kolhapur Road) (T.P. Scheme No. 2) | 40,060 | 10,530 | 46,360 | 52,490 |
| 23/89 | Budhwar Peth: remaining area (T.P. Scheme No. 2) | 36,590 | 8,040 | 42,210 | 48,830 |
| 23/89.1 | Budhwar Peth: northern part (T.P. Scheme No. 4) | 42,880 | 5,180 | 49,490 | 53,700 |
| 23/89A | Budhwar Peth: remaining area (T.P. Scheme No. 4) | 41,390 | 9,100 | 48,010 | 52,040 |
Stamp duty and registration charges for a flat
In Maharashtra, stamp duty rate depends on whether Budhwar Peth 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
- ₹38.5 lakh
- 1,000 sq ft × ₹3,851 per sq ft
- Every 1% of stamp duty
- ₹38,510
- 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 Budhwar Peth depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹38.5 lakh, use the stamp duty calculator for Budhwar Peth 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 ₹3,851 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹38.5 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.
Budhwar Peth Ready Reckoner rate FAQs
What is Ready Reckoner rate in Budhwar Peth per sq ft?
About ₹3,851 per sq ft (₹41,450 per sq m) for a flat in Budhwar Peth on average. Zone rates run from ₹3,399 to ₹4,118 per sq ft, so use the rate for your own zone.
Which part of Budhwar Peth has the highest Ready Reckoner rate?
Zone 23/87 at ₹44,330 per sq m (about ₹4,118 per sq ft). The lowest is zone 23/89, “Budhwar Peth: remaining area (T.P. Scheme No. 2)”, at ₹36,590 per sq m.
Is stamp duty in Budhwar Peth 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 Budhwar Peth's average flat rate has a Ready Reckoner value of about ₹38.5 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Budhwar Peth changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Budhwar Peth's average flat rate stays at ₹41,450 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Budhwar Peth 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 Budhwar Peth's average ₹3,851 per sq ft, that is roughly ₹42.4 lakh to ₹46.2 lakh.
What is Ready Reckoner rate for shops in Budhwar Peth?
About ₹6,081 per sq ft (₹65,460 per sq m) on average, around 1.6 times the flat rate. Offices average ₹48,010 per sq m.
Ready Reckoner rates in other North Solapur taluka areas
Bhavani Peth
North Solapur · flat ₹3,707/sq ft, similar rate
Kasbe Solapur
North Solapur · flat ₹3,003/sq ft, 22% lower than Budhwar Peth
Majrevadi
North Solapur · flat ₹3,803/sq ft, similar rate
Nehru Nagar
North Solapur · flat ₹3,906/sq ft, similar rate
Guruwar Peth
North Solapur · flat ₹3,755/sq ft, similar rate
Somwar Peth
North Solapur · flat ₹3,920/sq ft, similar rate
See all 57 areas on the Solapur Ready Reckoner rate page, or compare Budhwar Peth with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Solapur, North Solapur, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in