Average Ready Reckoner rate for a flat in Mhatardi area
₹3,595 per sq ft
₹38,700 per sq m
- Range by zone
- ₹3,270–₹3,921
- Zones
- 3
- Applicable from
- 1 Apr 2025
Mhatardi Ready Reckoner rate per sq ft by property type
Residential (flat)
₹3,595 per sq ft
₹38,700 per sq m
Range by zone ₹3,270–₹3,921
Open land (plot)
₹650 per sq ft
₹7,000 per sq m
Range by zone ₹213–₹771
Office
₹4,292 per sq ft
₹46,200 per sq m
Range by zone ₹3,772–₹4,812
Shops
₹4,938 per sq ft
₹53,150 per sq m
Range by zone ₹4,097–₹5,779
Industrial
₹4,292 per sq ft
₹46,200 per sq m
Range by zone ₹3,772–₹4,812
Flat rates in the Mhatardi locality range from ₹3,270 to ₹3,921 per sq ft (₹35,200 to ₹42,200 per sq m), depending on the zone. The highest is zone 32/116-21B; the lowest is zone 32/117-21A. Shops are rated about 1.4 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Mhatardi area
Ready Reckoner for Mhatardi area has 3 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 |
|---|---|---|---|---|---|---|
| 32/116-21B | All properties excluding Mhatardi village settlement | 42,200 | 8,300 | 51,800 | 62,200 | 51,800 |
| 32/117-21A | All properties in Mhatardi village settlement | 35,200 | 7,000 | 40,600 | 44,100 | 40,600 |
| 32/118-21B | Remaining survey numbers excluding Mhatardi village settlement, undeveloped, per sq m | — | 2,290 | — | — | — |
— 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
- ₹36 lakh
- 1,000 sq ft × ₹3,595 per sq ft
- Stamp duty (7%)
- ₹2,51,650
- 5% duty + 1% LBT + 1% metro cess
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Minimum you pay
- ₹2,81,650
- 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 ₹36 lakh, use the stamp duty calculator for Mhatardi 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 ₹3,595 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹36 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.
Mhatardi Ready Reckoner rate FAQs
What is Ready Reckoner rate in Mhatardi per sq ft?
About ₹3,595 per sq ft (₹38,700 per sq m) for a flat in Mhatardi on average. Zone rates run from ₹3,270 to ₹3,921 per sq ft, so use the rate for your own zone.
Which part of Mhatardi has the highest Ready Reckoner rate?
Zone 32/116-21B at ₹42,200 per sq m (about ₹3,921 per sq ft). The lowest is zone 32/117-21A at ₹35,200 per sq m.
Is stamp duty in Mhatardi 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 Mhatardi's average flat rate has a Ready Reckoner value of about ₹36 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Mhatardi changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Mhatardi's average flat rate stays at ₹38,700 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Mhatardi 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 Mhatardi's average ₹3,595 per sq ft, that is roughly ₹39.5 lakh to ₹43.1 lakh.
What is Ready Reckoner rate for shops in Mhatardi?
About ₹4,938 per sq ft (₹53,150 per sq m) on average, around 1.4 times the flat rate. Offices average ₹46,200 per sq m.
Ready Reckoner rates in other Thane taluka areas
Panchpakhadi
Thane · flat ₹13,620/sq ft, 279% higher than Mhatardi
Chendani
Thane · flat ₹12,477/sq ft, 247% higher than Mhatardi
Sonkhar
Thane · flat ₹3,586/sq ft, about the same
Talawali
Thane · flat ₹3,716/sq ft, similar rate
Pimpri
Thane · flat ₹3,484/sq ft, similar rate
Savali Gaon
Thane · flat ₹4,088/sq ft, 14% higher than Mhatardi
See all 212 areas on the Thane Ready Reckoner rate page, or compare Mhatardi 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