Average Ready Reckoner rate for a flat in Malinagar area
₹2,843 per sq ft
₹30,600 per sq m
- Range by zone
- ₹2,834–₹2,852
- Zones
- 4
- Applicable from
- 1 Apr 2025
Malinagar Ready Reckoner rate per sq ft by property type
Residential (flat)
₹2,843 per sq ft
₹30,600 per sq m
Range by zone ₹2,834–₹2,852
Open land (plot)
₹148 per sq ft
₹1,590 per sq m
Range by zone ₹16–₹276
Office
₹3,377 per sq ft
₹36,350 per sq m
Range by zone ₹3,345–₹3,410
Shops
₹4,065 per sq ft
₹43,750 per sq m
Range by zone ₹4,041–₹4,088
Industrial
₹3,377 per sq ft
₹36,350 per sq m
Range by zone ₹3,345–₹3,410
Flat rates in the Malinagar locality range from ₹2,834 to ₹2,852 per sq ft (₹30,500 to ₹30,700 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 Malinagar area
Ready Reckoner for Malinagar 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 CTS number from your property card to the Sub-Registrar office, and they can tell you the zone code to type here.
Still not sure? The Murbad 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 |
|---|---|---|---|---|---|---|
| 3/2 | Remaining of the place developable lands for residential and other uses | 30,500 | 2,900 | 36,000 | 43,500 | 36,000 |
| 3/3 | Remaining agricultural lands of the place | — | 167 | — | — | — |
| 3/3/A | Remaining agricultural lands of the place | — | 280 | — | — | — |
| 4/2 | Other properties in the village settlement (old village settlement) | 30,700 | 2,970 | 36,700 | 44,000 | 36,700 |
— 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
- ₹28.4 lakh
- 1,000 sq ft × ₹2,843 per sq ft
- Stamp duty (7%)
- ₹1,99,010
- 5% duty + 1% LBT + 1% metro cess
- Registration fee (1%)
- ₹28,430
- Capped at ₹30,000
- Minimum you pay
- ₹2,27,440
- If your price is higher, you pay more
- Women buying a home on their own pay 1% less stamp duty: 6% instead of 7%.
If your agreed price is more than ₹28.4 lakh, use the stamp duty calculator for Malinagar 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 ₹2,843 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹28.4 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.
Malinagar Ready Reckoner rate FAQs
What is Ready Reckoner rate in Malinagar per sq ft?
About ₹2,843 per sq ft (₹30,600 per sq m) for a flat in Malinagar on average. Zone rates run from ₹2,834 to ₹2,852 per sq ft, so use the rate for your own zone.
Which part of Malinagar has the highest Ready Reckoner rate?
Zone 4/2 at ₹30,700 per sq m (about ₹2,852 per sq ft). The lowest is zone 3/2 at ₹30,500 per sq m.
Is stamp duty in Malinagar 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 Malinagar's average flat rate has a Ready Reckoner value of about ₹28.4 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Malinagar changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Malinagar's average flat rate stays at ₹30,600 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Malinagar 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 Malinagar's average ₹2,843 per sq ft, that is roughly ₹31.3 lakh to ₹34.1 lakh.
What is Ready Reckoner rate for shops in Malinagar?
About ₹4,065 per sq ft (₹43,750 per sq m) on average, around 1.4 times the flat rate. Offices average ₹36,350 per sq m.
Ready Reckoner rates in other Thane areas
Murbad
Murbad · flat ₹3,057/sq ft, 8% higher than Malinagar
Panchpakhadi
Thane · flat ₹13,620/sq ft, 379% higher than Malinagar
Purna
Bhiwandi · flat ₹2,796/sq ft, similar rate
Bhal
Kalyan · flat ₹2,908/sq ft, similar rate
Katai
Bhiwandi · flat ₹2,787/sq ft, similar rate
Umbharli
Kalyan · flat ₹2,926/sq ft, similar rate
See all 212 areas on the Thane Ready Reckoner rate page, or compare Malinagar with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Thane, Murbad, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in