Average Ready Reckoner rate for a flat in Shivaji Nagar area
₹2,571 per sq ft
₹27,675 per sq m
- Range by zone
- ₹2,562–₹2,580
- Zones
- 2
- Applicable from
- 1 Apr 2025
Shivaji Nagar Ready Reckoner rate per sq ft by property type
Residential (flat)
₹2,571 per sq ft
₹27,675 per sq m
Range by zone ₹2,562–₹2,580
Open land (plot)
₹210 per sq ft
₹2,265 per sq m
Range by zone ₹208–₹213
Office
₹2,964 per sq ft
₹31,900 per sq m
Range by zone ₹2,960–₹2,967
Shops
₹3,226 per sq ft
₹34,725 per sq m
Range by zone ₹3,226–₹3,227
Flat rates in the Shivaji Nagar locality range from ₹2,562 to ₹2,580 per sq ft (₹27,580 to ₹27,770 per sq m), depending on the zone. The highest is zone 40/157; the lowest is zone 40/159-village.
Zone wise Ready Reckoner rate in Shivaji Nagar area
Ready Reckoner for Shivaji Nagar area has 2 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.
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.
| Zone | Area covered | Flat₹/sq m | Open plot₹/sq m | Office₹/sq m | Shop₹/sq m |
|---|---|---|---|---|---|
| 40/157 | Shivajinagar village: residential-zone properties as per the development plan, new gat no. | 27,770 | 2,240 | 31,940 | 34,720 |
| 40/159-village | Shivajinagar: Wadici Wasti | 27,580 | 2,290 | 31,860 | 34,730 |
Stamp duty and registration charges for a flat
In Maharashtra, stamp duty rate depends on whether Shivaji Nagar 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
- ₹25.7 lakh
- 1,000 sq ft × ₹2,571 per sq ft
- Every 1% of stamp duty
- ₹25,710
- The Sub-Registrar office can tell you the rate here
- Registration fee (1%)
- ₹25,710
- Capped at ₹30,000
- Women buying a home on their own pay 1% less stamp duty.
- Stamp duty rate for Shivaji Nagar depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹25.7 lakh, use the stamp duty calculator for Shivaji Nagar 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 ₹2,571 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹25.7 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.
Shivaji Nagar Ready Reckoner rate FAQs
What is Ready Reckoner rate in Shivaji Nagar per sq ft?
About ₹2,571 per sq ft (₹27,675 per sq m) for a flat in Shivaji Nagar on average. Zone rates run from ₹2,562 to ₹2,580 per sq ft, so use the rate for your own zone.
Which part of Shivaji Nagar has the highest Ready Reckoner rate?
Zone 40/157 at ₹27,770 per sq m (about ₹2,580 per sq ft). The lowest is zone 40/159-village at ₹27,580 per sq m.
Is stamp duty in Shivaji Nagar 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 Shivaji Nagar's average flat rate has a Ready Reckoner value of about ₹25.7 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Shivaji Nagar changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Shivaji Nagar's average flat rate stays at ₹27,675 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Shivaji Nagar 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 Shivaji Nagar's average ₹2,571 per sq ft, that is roughly ₹28.3 lakh to ₹30.9 lakh.
What is Ready Reckoner rate for shops in Shivaji Nagar?
About ₹3,226 per sq ft (₹34,725 per sq m) on average, around 1.3 times the flat rate. Offices average ₹31,900 per sq m.
Ready Reckoner rates in other North Solapur taluka areas
Bhavani Peth
North Solapur · flat ₹3,707/sq ft, 44% higher than Shivaji Nagar
Kasbe Solapur
North Solapur · flat ₹3,003/sq ft, 17% higher than Shivaji Nagar
Kegaon
North Solapur · flat ₹2,565/sq ft, about the same
Shelgi
North Solapur · flat ₹2,684/sq ft, similar rate
Limyewadi
North Solapur · flat ₹2,493/sq ft, similar rate
Soregaon
North Solapur · flat ₹2,707/sq ft, 5% higher than Shivaji Nagar
See all 57 areas on the Solapur Ready Reckoner rate page, or compare Shivaji Nagar 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