The government notifies property transactions at a minimum rate known as the "Ready Reckoner Rate" through the sub-registrar office. In certain areas, Ready Reckoner Rate is also referred to as Circle Rate.

1. Complete Guide: Maharashtra's Ready Reckoner Rate 2022
The government notifies property transactions at a minimum rate known as the "Ready Reckoner
Rate" through the sub-registrar office. In certain areas, Ready Reckoner Rate is also referred to
as Circle Rate. In Maharashtra, it is nearly hard to sell a house for less than the ready reckoner
rate. In Maharashtra, ready reckoner rates assist consumers in determining the minimal worth of
their property.
Regardless of whether the property's market worth is higher or lower, people in Maharashtra are
required to register their properties using these rates. Based on the property's ready reckoner
rates, the stamp duty and registration fees are computed. If the chosen property's market value is
less than its ready reckoner rate, additional stamp duty and registration fees must be paid by the
buyer in order to complete the deal. The agents have the option to register a complaint with
RERA Maharashtra for transactions that are made below the ready reckoner pricing of a
particular property. In Maharashtra, ready reckoner rates aid in controlling speculative pricing.
Maharashtra has increased its prices as of March 31, 2022. The rate increases average 8.80 %
across all the municipalities, including Thane, Navi Mumbai, Pune, Panvel, and others.
Mumbai's ready reckoner rate, though, won't change.
The ready reckoner rate in Maharashtra, the variables influencing the rate, and where to access
the ready reckoner rates on the Maharashtra government website are all covered in this blog.

2. Are you looking for rent flats in kharghar?
The Importance of Ready Reckoner Rates in Maharashtra
In Maharashtra, ready reckoner rates assist consumers in determining the minimal worth of their
property. Regardless of whether the property's market worth is higher or lower, people in
Maharashtra are required to register their properties using these rates. Based on the property's
ready reckoner rates, the stamp duty and registration fees are computed. If the chosen property's
market value is less than its ready reckoner rate, additional stamp duty and registration fees must
be paid by the buyer in order to complete the deal.
The advantages of ready reckoner rates in Maharashtra are shown below.
Property appraisal:
In Maharashtra, ready reckoner rates assist in determining the appropriate value of a property.
The prices are set by the Maharashtra government taking into account the property's acreage,
size, location, etc. All of the cities' ready reckoner tariffs are posted on the State Government of
Maharashtra's online government webpage. To check the same, you may just go to the website.
Following the circle rate list in this post, we have provided a complete approach to assist you in
finding ready reckoner rates in Maharashtra.
Income Generation
In Maharashtra, ready reckoner rates assist the state government in collecting money in the form
of stamp duty and other registration fees. In Maharashtra, the state government assesses ready
reckoner prices based on several property categories, including flats, buildings, apartments, and
plots.
Costs of registration
In Maharashtra, the cost of registering a property is specified in the ready reckoner rate list.
These fees must be paid by the buyers in order for their properties to be registered in their names
following the sale. We will also teach you how to compute the stamp duty and registration fees
using Maharashtra's ready reckoner rates.

3. Maharashtra Ready Reckoner Rates for 2022–2023
Rates have grown by 9.48 percent in Thane, 8.90 percent in Navi Mumbai, 8.90 percent in
Panvel, 9.24 percent in Panvel, 6.12 percent in Pune, 12.36 percent in Pimpri Chinchwad, and
12.15 percent in Nasik. Tax rates for both sellers and purchasers went risen along with the
growth in real estate values. The tariff increases in a few important Maharashtra cities are listed
below.
Cities Updated rate
Mumbai -0.6%
Thane 8.80%
Raigad 3%
Pune 6.12%
Rural area 1.74%
Municipal Corporation Areas 1.02%
Municipal Council Areas 1.29%
Rate on Ready Reckoner Premium in Maharashtra
In Maharashtra, a premium of up to 20% is applied to ready reckoner rates. Only high story
buildings in Mumbai, Nashik, Navi Mumbai, and Pune are subject to the surcharge. Following
are the fees:
Floors Premium Fee
Up to 4th floor Nil
5th to 10th floor 5%
11th to 20th floor 10%
21st to 30th floor 15%
31st floor and above 20%

4. Maharashtra's ready reckoner rates for 2022
Before you go out and purchase a house, we advise you to look at the ready reckoner rates in
Maharashtra. These prices help you negotiate appropriately by giving you a realistic picture of
the property pricing.
The ready reckoner prices for a few Maharashtra cities are shown here. We've included some
notable location prices; see the city-wise blogs for additional information.
Rates for Ready Reckoners in Mumbai
Here are some important Mumbai neighborhoods’ typical rates:
Area
Apartments and Flats (Rs.
Per Square Meter)
Office (Rs. Per Square
Meter)
Andheri East 1.14 to 2.44 lakh rupees 1.25 to 2.68 lakh rupees
Andheri East Kurla Road 1.08 to 1.58 lakh rupees 1.43 to 1.74 lakh rupees
Andheri East Marol 92,100 to 1.57 lakh rupees 1.11 to 1.78 lakh rupees
Andheri Oshiwara 1.01 to 2.37 lakh rupees 1.21 to 2.61 lakh rupees
Andheri Varivali 1.45 to 1.73 lakh rupees 1.66 to 1.90 lakh rupees
Andheri Versova 1.49 to 2.09 lakh rupees 1.64 to 2.60 lakh rupees
Andheri West 1.38 to 2.10 lakh rupees 1.56 to 2.60 lakh rupees
Bandra East 1.11 to 2.90 lakh rupees 1.30 to 3.27 lakh rupees
Pune Circle Rates
The circle rates and ready reckoner rates for the major areas in Pune are listed here.
Area
Flats And Apartments (Rs.
Per Square Meter)
Office (Rs. Per Square
Meter)
Akrudi Rs 42,230 - Rs 57,480 Rs 45,470 - Rs 72,890
Ambegaon Budruk Rs 53,000 - Rs 62,540 Rs 59,140 - Rs 63,500

5. Ambegaon Khurd Rs 47,720 - Rs 49,890 Rs 47,250 - Rs 51,080
Aundh Rs 54,450 - Rs 1.04 Lakh Rs 87,100 - Rs 1.26 Lakh
Bhosari Vibhag Rs 40,770 - Rs 52,090 Rs 43,380 - Rs 53,030
Budhwar Peth Rs 53,350 - Rs 69,110 Rs 82,670 - Rs 1.39 Lakh
Charoli Budruk Rs 40,840 - Rs 46,070 Rs 42,470 - Rs 46,350
Chinchwad Rs 44,070 - Rs 60,320 Rs 50,080 - Rs 71,530
Dhankawadi Rs 38,240 - Rs 78,440 Rs 55,080 - Rs 96,100
Erandwane Rs 73,170 - Rs 1.40 Lakh Rs 1.11 Lakh - Rs 1.83 Lakh
Ghorpadi Rs 53,150 - Rs 1.48 Lakh Rs 55,750 - Rs 1.76 Lakh
Gultekedi Rs 79,630 - Rs 91,980 Rs 90,670 - Rs 1.43 Lakh
Hingne Budruk Kanvernagar Rs 77,500 - Rs 91,500 Rs 98,450 - Rs 1.34 Lakh
Kalas Rs 38,400 - Rs 52,290 Rs 39,190 - Rs 57,960
Khadaki Cantonment Rs 37,120 - Rs 44,870 Rs 39,570 - Rs 53,500
Kondhwa Budruk Rs 40,360 - Rs 56,250 Rs 43,050 - Rs 61,910
Lohegaon Rs 36,040 - Rs 75,420 Rs 40,950 - Rs 96,650
Mamurdhi Rs 36,400 - Rs 42,300 Rs 36,980 - Rs 44,550
Parvati Rs 71,900 - Rs 1.13 Lakh Rs 85,760 - Rs 1.63 Lakh
Pashan Rs 50,870 - Rs 88,170 Rs 78,780 - Rs 1.09 Lakh
Pimpri Waghire Rs 41,260 - Rs 67,460 Rs 45,100 - Rs 73,460
Rahatni Kale Wadi Vibhag Rs 39,700 - Rs 67,430 Rs 43,040 - Rs 69,210
Ravet Rs 46,630 - Rs 57,060 Rs 47,670 - Rs 58,410
Sangvi Rs 41,530 - Rs 57,190 Rs 43,230 - Rs 62,630
Talwade Rs 38,890 - Rs 41,270 Rs 42,400 - Rs 42,610
Undri Rs 49,330 - Rs 60,450 Rs 53,360 - Rs 73,780
Wadgaon Khurd Rs 40,610 - Rs 71,760 Rs 46,050 - Rs 99,360

6. Wanwadi Rs 54,310 - Rs 75,930 Rs 72,660 - Rs 1.20 Lakh
Yerwada Rs 42,380 - Rs 97,350 Rs 62,000 - Rs 1.67 Lakh
Rates for Ready Reckoners in Navi Mumbai
The ready reckoner prices for a few well-known Navi Mumbai neighbourhoods are included in
the table.
Name Residential Industrial
Airoli Rs 80300 Rs 85700
Kopar khairne Rs 87700 Rs 101900
Ghansoli Rs 76300 Rs 91500
Vashi Rs 103000 Rs 120200
Sanpada Rs 102000 Rs 116500
Nerul Rs 43000 Rs 55500
New Panvel Rs 58800 Rs 71400
Ulwe Rs 58800 Rs 71400
Dronagiri Rs 58800 Rs 71400
Taloja Rs 56100 Rs 65400
Kharghar Rs 88700 Rs 97600
Rates for Ready Reckoners in Thane
The ready reckoner prices for popular Thane neighborhoods are listed below.
Name Residential Industrial
Bhiwandi Rs 40600 Rs 47700
Murbad Rs 32700 Rs 37300
Shahpur Rs 36300 Rs 42000

7. Ulhasnagar (CAMP A-
CAMP-3)
Rs 42600 Rs 49500
Ambernath Rs 46500 Rs 51900
Kalyan Rs 69100 Rs 77700
Thane Rs 83800 Rs 105200
Rates for Ready Reckoners in Nashik
The ready reckoner prices for important Nashik locations are shown here.
Name Residential (per hectare)
Indira Nagar Rs 5,77,000- Rs 7,15,000
Wadgoan Rs 11,96,000- Rs 18,00,000
Sadgoan Rs 812000- Rs 933000
Kashyapnagar Rs 812000- Rs 933000
Kalvi Rs 1020000- Rs 1395000
Rates for Ready Reckoners in Nagpur
The ready reckoner prices for Nagpur's major neighborhoods are listed below.
Name Residential (per sq feet)
Anant Nagar Rs. 3,300 - 3,650
Arya Nagar Rs. 3,400 - 3,800
Bajaj Nagar Rs. 7,050 - 8,250
Chinchbhavan Rs. 3,900 - 4,650
Chinchbhuwan Rs. 3,700 - 4,250
Civil Lines Rs. 6,800 - 9,150

8. Friends Colony Rs. 4,250 - 5,000
Jamtha Rs. 3,150 - 3,350
Koradi Road Rs. 3,350 - 3,850
Laxminagar Rs. 6,600 - 8,050
Nrendra Nagar Extension Rs. 4,650 - 5,700
Raj Nagar Rs. 6,250 - 7,450
Ring Road Rs. 3,350 - 4,250
Sadar Rs. 6,600 - 8,350
Wathoda Rs. 3,250 - 4,250
Zingabai Takli Rs. 3,400 - 3,750
Umred Road Rs. 3,250 - 4,150
Rates for Ready Reckoner in Aurangabad
The residential ready reckoner rates for Aurangabad's most important neighborhoods are listed
below.
Name Residential (per hectare)
Adgaon Sark Rs 805000-Rs 1135000
Aurangpur Rs 1030000- Rs 1295000
Gopalpur Rs 1670000- Rs 2400000
Alampur Rs 1030000- Rs 1295000

9. Rates for Ready Reckoner in Ratnagiri
The residential ready reckoner rates for Ratnagiri are included in the table.
Name Residential (per sq feet)
Dapoli Camp Rs 3,733
Zadgaon Rs 3,500 - 4,246
Khed Rs 2,278 - 3,000
Khedashi Rs 2,641 - 2,842
Nachane Rs 2,941 - 4,923
Patwardhan Wadi Rs 2,909 - 4,232
Chiplun Rs 3,175 - 9,314
Bahadur Shaikh Rs 2,545
Markandi 2,576 - 2,930
How to Prepare for the IGR Maharashtra Reckoner Rates
The Maharashtra government has established an online system that is available in both English
and Marathi to make tariffs available to everyone. On the website of the Department of
Registration and Stamps, you may view the Maharashtra circular prices. Additionally, you can
receive a current ready reckoner rate list from the authorised staff at the Sub-office Registrar's in
your city.
In a few easy steps, you may obtain the ready reckoner rates for Maharashtra online or offline.
Online resource for Ready Reckoner Rates in Maharashtra
Step 1: Visit the Department of Registration & Stamps Maharashtra website. Now navigate to
"Online Services."

10. Step 2: Next, choose the 'e-ASR' option from the list of available online services. From the drop-
down option, choose Process. You may also find more alternatives like About, User's Guide, and
FAQs in the list of online services. Any of these can be chosen based on your needs. You may
find out more about how to obtain the ready reckoner rates in Maharashtra by using the User
Guide option.
Step 3: After choosing Process, a new webpage with a map of Maharashtra will load. You must
click on the name of the city you wish to examine the ready reckoner rates in Maharashtra for on
the map.
Step 4: Choose Taluka and Village from the drop-down option after that. For instance, if you
choose Juhu as the village/zone and Mumbai Suburbs as the district. The Juhu district's ready
reckoner rate for residential, office, retail, and industrial uses would thereafter be shown.
Step 5: Prepare yourself with local reckoner rates.
Locate Offline Ready Reckoner Rates in Maharashtra
Step 1: To obtain an offline list of ready reckoner rates in Maharashtra, go to the sub registrar's
office in your city and speak with one of the authorized people.
Step 2: Next, enter information about your property, like its location, neighborhood, owner's
name, city, etc., to get specifics on Maharashtra's circle charges.
Step 3: Locate your property in the list of ready reckoner rate lists and fill out the necessary
details.
How Ready Reckoner Rates Differ from Market Rates in Maharashtra

11. See the table to see how the ready reckoner rates for real estate in Maharashtra compare to their
market prices.
 Definition:
The state government of Maharashtra determines a minimum price for a specific parcel of
land at the ready reckoner rate. On the other hand, the market rate is the price at which a
piece of real estate may be purchased in a certain area.
 Property appraisal:
The state government of Maharashtra assesses ready reckoner prices depending on the
property's kind, location, and zone. On the other hand, the district administration
evaluates market prices while taking into account the amenities and services offered for a
certain property, along with its kind and location.
 Registration of Property:
Even though the chosen property's market value is less than its ready reckoner rate, it can
only be registered in Maharashtra using ready reckoner rates.
 Charges for registration and stamp duty:
The stamp duty and registration fees are computed based on ready reckoner rates in
Maharashtra at the time of property registration.
 Revision:
The state government of Maharashtra occasionally changes the ready reckoner prices. On
the other hand, market rates are pushed more regularly in response to infrastructure
improvements occurring in various locations.
Factors Influencing Maharashtra's Ready Reckoner Rate
In Maharashtra, not all cities, towns, or even residential and commercial locations have the same
ready reckoner prices. The state's ready reckoner rates are impacted by a number of things. Here
are a few elements that have an impact on rates:
Market Price:
The market value of the property is used to determine the ready reckoner rate in Maharashtra.
Use of the Property:
Residential property has a lower RRR value than commercial property. Additionally, the plot's
price is higher than that of a flat or an apartment.

12. Amenities:
When determining the ready reckoner rate, the kind of amenities available in a community is also
taken into account. Rates will be higher in an area with decent roads, train connections, hospitals,
schools, parks, and retail centers.
Property Location:
The location of the property is crucial in determining the ready reckoner prices in Maharashtra.
For instance, rates in rural regions are lower than in metropolitan areas.
Conclusion
In conclusion, the Ready Reckoner Rate, which is determined by the Maharashtra government, is
the minimum rate imposed for an immovable property. Every city and neighborhood has a
different cost structure, and while determining the ready reckoner rate for Maharashtra, criteria
including location, facilities, and usage are taken into account. On the website of the Department
of Registration and Stamps, one may rapidly check the prices. Before you go out to purchase a
home, check out our rate list.
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