Average Ready Reckoner rate for a flat in Mahape area
₹6,461 per sq ft
₹69,550 per sq m
- Range by zone
- ₹4,097–₹8,826
- Zones
- 4
- Applicable from
- 1 Apr 2025
Mahape Ready Reckoner rate per sq ft by property type
Residential (flat)
₹6,461 per sq ft
₹69,550 per sq m
Range by zone ₹4,097–₹8,826
Open land (plot)
₹4,375 per sq ft
₹47,095 per sq m
Range by zone ₹1,561–₹8,748
Office
₹7,922 per sq ft
₹85,275 per sq m
Range by zone ₹5,695–₹10,150
Shops
₹8,652 per sq ft
₹93,125 per sq m
Range by zone ₹6,271–₹11,032
Industrial
₹7,922 per sq ft
₹85,275 per sq m
Range by zone ₹5,695–₹10,150
Flat rates in the Mahape locality range from ₹4,097 to ₹8,826 per sq ft (₹44,100 to ₹95,000 per sq m), depending on the zone. The highest is zone 20/227/1; the lowest is zone 20/227. Shops are rated about 1.3 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Mahape area
Ready Reckoner for Mahape area has 4 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 Thane 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 |
|---|---|---|---|---|---|---|
| 20/227 | Mahape (part) - non-agricultural for use, per sq m | 44,100 | 16,800 | 61,300 | 67,500 | 61,300 |
| 20/227/1 | MIDC industrial plot | 95,000 | 31,390 | 1,09,250 | 1,18,750 | 1,09,250 |
| 20/227/2 | MIDC residential plot | — | 62,800 | — | — | — |
| 20/227/3 | MIDC commercial plot | — | 94,160 | — | — | — |
— means the schedule publishes no rate for that zone.
Stamp duty and registration charges for a flat
Inside the Pune, Pimpri-Chinchwad, Thane and Nagpur municipal corporations you pay 7% stamp duty and a 1% registration fee, capped at ₹30,000, on your agreement value or Ready Reckoner value, whichever is higher. Councils and villages have different rates. Here is the minimum for a 1,000 sq ft flat at 7%.
- Ready Reckoner value
- ₹64.6 lakh
- 1,000 sq ft × ₹6,461 per sq ft
- Stamp duty (7%)
- ₹4,52,270
- 5% duty + 1% LBT + 1% metro cess
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Minimum you pay
- ₹4,82,270
- If your price is higher, you pay more
- Women buying a home on their own pay 1% less stamp duty: 6% instead of 7%.
- At ₹50 lakh or more, the buyer also deducts 1% TDS from the payment to the seller.
If your agreed price is more than ₹64.6 lakh, use the stamp duty calculator for Mahape 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 ₹6,461 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹64.6 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.
Mahape Ready Reckoner rate FAQs
What is Ready Reckoner rate in Mahape per sq ft?
About ₹6,461 per sq ft (₹69,550 per sq m) for a flat in Mahape on average. Zone rates run from ₹4,097 to ₹8,826 per sq ft, so use the rate for your own zone.
Which part of Mahape has the highest Ready Reckoner rate?
Zone 20/227/1 at ₹95,000 per sq m (about ₹8,826 per sq ft). The lowest is zone 20/227 at ₹44,100 per sq m.
Is stamp duty in Mahape 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 Mahape's average flat rate has a Ready Reckoner value of about ₹64.6 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Mahape changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Mahape's average flat rate stays at ₹69,550 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Mahape 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 Mahape's average ₹6,461 per sq ft, that is roughly ₹71.1 lakh to ₹77.5 lakh.
What is Ready Reckoner rate for shops in Mahape?
About ₹8,652 per sq ft (₹93,125 per sq m) on average, around 1.3 times the flat rate. Offices average ₹85,275 per sq m.
Ready Reckoner rates in other Thane taluka areas
Panchpakhadi
Thane · flat ₹13,620/sq ft, 111% higher than Mahape
Chendani
Thane · flat ₹12,477/sq ft, 93% higher than Mahape
Bhayandar
Thane · flat ₹6,290/sq ft, similar rate
Ilthan
Thane · flat ₹6,545/sq ft, similar rate
Tetavali
Thane · flat ₹6,276/sq ft, similar rate
Kukshet
Thane · flat ₹6,554/sq ft, similar rate
See all 212 areas on the Thane Ready Reckoner rate page, or compare Mahape with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Thane, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in