Property buying and selling in Maharashtra can be done by adhering to a minimum value that has been set by the government and notified by the sub-registrar’s office by considering many factors. In this guide, we talk in detail about the ready reckoner rate in Maharashtra in 2025 that impacts property prices, stamp duty and registration charges and also the property tax in the state.
What is the ready reckoner rate 2025 in Maharashtra?
The ready reckoner rate 2025 in Maharashtra is the minimum value below which a property in the state cannot be sold. Ready reckoner rate is also known as the circle rate, guidance value, guideline value, DLP rate etc. in various parts of India.
Properties in Maharashtra can be sold only on the basis of the ready reckoner rate even if the market value is high or low.
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Maharashtra to revise ready reckoner rate 2025-26: Report
According to media reports, the Maharashtra government is looking at revising the ready reckoner rates in the state after three years. The state government is looking at rationalising the rates and also increasing the RRR by 5 to 10% in zones where there has been no revision for a long time, even though property registrations in these places have increased.
When was the last ready reckoner rate in Maharashtra revised?
- The ready reckoner rate in Maharashtra was last revised on March 31, 2022.
- Ready reckoner rate saw an average increase of 5% across Maharashtra (excluding Mumbai)
- An average increase of 8.80% was seen in places with municipal corporations such as Pune, Panvel, Thane and Navi Mumbai. (excluding Mumbai)
- Rural parts of Maharashtra saw an increase of 6.96%.
- Ready reckoner rate average in Mumbai was status quo at 2.64%.
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Factor on which the ready reckoner rate in Maharashtra depends on
- Location: Location of property has an impact on the ready reckoner rate. For instance, in Maharashtra, Mumbai is divided into 19 zones that are further classified into 221 sub zones.
- Infrastructure
- Connectivity
- Market demand
- Market value: Ready reckoner rate is based on the market value of the property. Any amenities that are present with the property further impact the ready reckoner rate.
- Property type: Ready reckoner rate also vary based on the type of the property. While commercial property has high ready reckoner rate, the residential property enjoy a lower ready reckoner rate. Again, ready reckoner rate value differs in a residential property too- it’s different for independent house or villa and a flat that are both located in the same area.
- Property usage- residential, commercial, industrial
- Amenities
Ready reckoner rates in Maharashtra in 2025
City | Ready Reckoner rate |
Mumbai | 2.6 % |
Thane | 9.48 % |
Navi Mumbai | 8.90 % |
Panvel | 9.24% |
Vasai | 9% |
Virar | 9% |
Pune | 6.12% |
Pimpri Chinchwad | 12.36% |
Sholapur | 8.08% |
Nashik | 12.15% |
Ahmadnagar | 7.72% |
Latur | 11.93% |
Aurangabad | 12.38% |
Malegaon | 13.12% |
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Ready reckoner rate in Maharashtra 2025: Premium charged
 In Maharashtra, a premium of 20% is charged on high-storey buildings in Mumbai, Navi Mumbai, Nashik and Pune. Mentioned are the charges.
Floor | Premium charged on ready reckoner rate in Maharashtra |
Upto 4th floor | No premium is charged |
5th to 10th floor | 5% premium is charged |
11th to 20th floor | 10% premium is charged |
21st to 30th floor | 15% premium is charged |
31st floor and above | 20% premium is charged |
How to check Maharashtra ready reckoner rate 2025 online?
You can check the ready reckoner rate in a location for eg Thane, by logging onto the IGR Maharashtra website at https://igrmaharashtra.gov.in/Home
- Click on e-ASR that is below the stamps section on the homepage. Click on the e-ASR 1.9 version and you will reach
- Next, on the Maharashtra map, select Thane. Next, select village as Thane and you will see the required annual statement of rates.
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How to check Maharashtra ready reckoner rate 2025 offline?
You can go to the Maharashtra sub-registrar office (SRO) and find the ready reckoner rate of the area that you are looking to buy or sell the property. The Maharashtra government does not charge any fee to for telling the ready reckoner rate in an area.
Ready reckoner rate 2025 in Maharashtra: Documents required to check
To check the ready reckoner rate 2025 in Maharashtra no document is required. One should only know the district and locality name.
However, if you want to register your property using this data, mentioned are documents required for registration of your property.
- Aadhaar card of owner
- PAN card of owner
- Copy of original old sale deed
- NoC
- Passport size photo of owner and buyer’
- Property card copy
- Property tax bill
- Agreement between buyer and seller
Ready reckoner rate in Mumbai in 2025
Location | Residence | Office |
Andheri (East) | Rs 1.14 lakh-Rs 2.44 lakh | Rs 1.25 lakh- Rs 2.68 lakh |
Andheri (East) (Kurla) | Rs 1.08 lakh to Rs 1.58 lakh | Rs 1.53 lakh to Rs 1.73 lakh |
Andheri (East) (Marol) | Rs 92,000 to Rs 1.57 lakh | Rs 1.11 lakh to Rs 1.78 lakh |
Andheri (East) (Oshiwara) | Rs 1.01 lakh to Rs 2.37 lakh | Rs 1.21 lakh- Rs 2.61 lakh |
Andheri (West) | Rs 1.38 lakh to Rs 2.10 lakh | Rs 1.56 lakh- Rs 2.60 lakh |
Andheri Varivali | Rs 1.45 lakh to Rs 2.73 lakh | Rs 1.66 lakh to Rs 1.90 lakh |
Andheri Versova | Rs 1.49 lakh to Rs 2.09 lakh | Rs 1.64 lakh to Rs 2.60 lakh |
Bandra (East)
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Rs 1.11 lakh to Rs 2.90 lakh | Rs 1.30 lakh to Rs 3.27 lakh |
Ready reckoner rate in Navi Mumbai in 2025
Area | Residential | Industrial |
Airoli | Rs 80,300 | Rs 85,700 |
Kopar khairane | Rs 87,700 | Rs 1,01,900 |
Ghansoli | Rs 76,300 | Rs 91,500 |
Vashi | Rs 1,03,000 | Rs 1,20,200 |
Sanpada | Rs 1,02,000 | Rs 1,16,500 |
Nerul | Rs 43,000 | Rs 55,500 |
New Panvel | Rs 58,800 | Rs 71,400 |
Ulwe | Rs 58,800 | Rs 71,400 |
Dronagiri | Rs 58,800 | Rs 71,400 |
Taloja | Rs 56,100 | Rs 65,400 |
Kharghar | Rs 88,700 | Rs 97,600 |
Ready reckoner rate in Thane in 2025
Area | Residential | Industrial |
Bhiwandi | Rs 40,600 | Rs 47,700 |
Murbad | Rs 32,700 | Rs 37,300 |
Shahpur | Rs 36,300 | Rs 42,000 |
Ulhasnagar (CAMP A-CAMP-3) | Rs 42,600 | Rs 49,500 |
Ambernath | Rs 46,500 | Rs 51,900 |
Kalyan | Rs 69,100 | Rs 77,700 |
Thane | Rs 83,800 | Rs 1,05,200 |
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Ready reckoner rate in Pune in 2025
Area | Residential | Office |
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 |
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 |
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 |
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Ready reckoner rate in Chhatrapati Sambhajinagar in 2025
Area | Residential (per hectare) |
Adgaon Sark | Rs 8,05,000-Rs 11,35,000 |
Aurangpur | Rs 10,30,000- Rs 12,95,000 |
Gopalpur | Rs 16,70,000- Rs 24,00,000 |
Alampur | Rs 10,30,000- Rs 12,95,000 |
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Ready reckoner rate in Nashik in 2025
Area | Residential (per hectare) |
Indira Nagar | Rs 5,77,000- Rs 7,15,000 |
Wadgoan | Rs 11,96,000- Rs 18,00,000 |
Sadgoan | Rs 81,2000- Rs 93,3000 |
Kashyapnagar | Rs 81,2000- Rs 93,3000 |
Kalvi | Rs 10,20,000- Rs 1,39,5000 |
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Ready reckoner rate in Nagpur in 2025
Name | Residential (per sqft) |
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 |
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 |
Umred Road | Rs. 3,250 – 4,150 |
Wathoda | Rs. 3,250 – 4,250 |
Zingabai Takli | Rs. 3,400 – 3,750 |
Ready reckoner rate in Ratnagiri in 2025
Name | Residential (per sqft) |
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 |
Ready reckoner rate in Jalgaon in 2025
Name | Residential (per sqft) |
Kadagaon | Rs 4,25,000 – Rs 5,51,000 |
Kandari | Rs 3,48,000 – Rs 4,70,000 |
Kinod | Rs 3,98,000 – Rs 5,27,000 |
Chincholi | Rs 4,25,000 – Rs 5,51,000 |
Ghardi | Rs 3,98,000 – Rs 5,27,000 |
Dapore | Rs 3,78,000 – Rs 5,14,000 |
Devgaon | Rs 3,98,000 – Rs 5,27,000 |
Bhagpur | Rs 3,27,000 – Rs 4,40,000 |
Nadgaon | Rs 3,98,000 – Rs 5,27,000 |
Jamod | Rs 3,98,000 – Rs 5,27,000 |
Shelgaon | Rs 3,98,000 – Rs 5,27,000 |
Raipur | Rs 3,27,000 – Rs 4,40,000 |
Jalke | Rs 3,48,000 – Rs 4,70,000 |
Vidgaon | Rs 4,25,000 – Rs 5,51,000 |
Bilkhede | Rs 3,48,000 – Rs 4,70,000 |
Karanja | Rs 4,25,000 – Rs 5,51,000 |
Subhashwadi | Rs 3,48,000 – Rs 4,70,000 |
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Ready reckoner rate: How is stamp duty and registration charges calculated in Maharashtra in 2025?
Stamp duty in Maharashtra is calculated on the basis of ready reckoner rates and the property value mentioned in the buyer-seller agreement. For instance, stamp duty in Mumbai for a property located in the municipal limit of urban areas will be 5% of the market value, while a property located within the limits of any gram panchayat will attract 3% stamp duty in Mumbai of the market value.
In case a homebuyer buys a property whose market value is less than the ready reckoner rate, he will have to pay a higher stamp duty as this will only be calculated on the basis of the ready reckoner rate. In case any transaction is being carried below the ready reckoner rate, then a complaint on the same can be filed with the SRO. On investigation if non-compliance is found, the property owner will be penalised heavily and will also have to pay the difference in the registration amount.
Ready reckoner rate Maharashtra 2025: Benefits
Mentioned below are the benefits of ready reckoner rate Maharashtra.
Valuation of property: The ready reckoner rates in Maharashtra are fixed by the state government based on size, area and location of the property. The IGR Maharashtra portal has listed the ready reckoner rates of all cities in Maharashtra and this can be checked online anytime, anywhere.
Mortgage valuation: People check the ready reckoner rate and assess the value of the property. On the basis of this information, banks and NBFCs calculate the mortgage eligibility.
Registration prices: The ready reckoner rate mentioned fixed prices for registration of property in Maharashtra. Once the property has been purchased, the buyer should register it based on the costs so that it is available on the legal book of records.
Generating revenue: Based on the ready reckoner rate, the stamp duty and registration charges have to be paid that helps Maharashtra government generate revenue.
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What is the difference between ready reckoner rate and market value?
- Ready reckoner value is the minimum value of a property set by the government below which it can’t be sold. On the other hand, market value is the value at which a property is sold in a locality.
- Ready reckoner value is calculated on the basis of type, location of property and property zone. On the other hand, market value is calculated on the basis of amenities and facilities of a property in addition to location and property zone.
- A property can be registered only on the basis of ready reckoner rate and not on the basis of market value.
- Stamp duty and registration charges in a state are calculated on the basis of the ready reckoner rate.
- Ready reckoner rate is revised periodically by the state government. On the other hand, market value is affected if there is any new infrastructure or there is any negative impact on the place.
Ready reckoner rate 2025 in Maharashtra: Mobile application
There is no official mobile app that is available to check the ready reckoner rate in Maharashtra. Instead of opting for unofficial apps from Google Playstore, it is recommended to login to the IGR website and check online or visit the SRO to get details.
Ready reckoner rate 2025: Can incorrect rate be challenged?
In case, you are of the opinion that thee ready reckoner rate of the place you are evaluating is wrong, you can contest with the SRO. It is suggested to proceed with the expertise of a lawyer in this matter.
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Real estate impact of Maharashtra ready reckoner rate 2025
Ready reckoner rate in Maharashtra impact the real estate properties, sometimes making it difficult for homebuyers to check and zero in affordable housing.
Areas that have less ready reckoner rate offer affordable housing options as these are places where such options are available.
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Housing.com POV
Ready reckoner rate in Maharashtra in 2025 is an important information that all buyers and sellers should be aware of before proceeding with property transaction. These help assess value of the property, the stamp duty and registration charges that you may have to pay, the loan that you may get for buying this property and the property tax that you will have to pay annually. With this one rate, you can plan your financial outgo.
FAQs
What are ready reckoner rates?
The ready reckoner rates are the minimum property prices that are fixed by the Maharashtra state government.
How do you find a ready reckoner rate in Maharashtra online?
The ready reckoner rate in Maharashtra can be found by using the IGR Maharashtra portal.
What are the stamp duty and registration charges in Maharashtra?
Stamp duty in Maharashtra is 6% for men and 5% for women. The registration fee is 1% of the transaction value.
Who fixes ready reckoner rates in Maharashtra?
The Maharashtra state government fixes the ready reckoner rates.
Is it possible for ready reckoner rates be lower than the market rate property?
Yes. There is a possibility that the ready reckoner rates can be lower than the market rate property.
Can you file a complaint if the ready reckoner rate is not as per the legal standards?
Yes. In case, you think that the ready reckoner rate doesn’t comply with what should be, you can file a grievance with the IGR portal.
Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |