To have a clear understanding of property rates in localities in Pune, one should have the knowledge of ready reckoner rates. It is the rate based on which a property is valued, and subsequently taxed based on the arrived-at valuation.
See also: Ready reckoner rate in Wagholi, Pune
What is the ready reckoner rate?
Ready reckoner rate is the government-determined rate for properties in Maharashtra. This rate is determined by state governments in India for the purpose of land and property taxations, charged in the form of stamp duty and registration fees. It is changed from time to time to bring it closer to the property’s market rates.
Ready reckoner rate in Koregaon Bhima, 2024
Land department
Survey No. 12/12.0 village rate: Rs 2,100 per sqm
Survey No. 12/12.2 Pune City Road Area: Rs 2,350 per sqm
Survey No. 27/27.1 Sadanika: Rs 2,2370 per sqm
Survey No. 27/27.2 Dukangale: Rs 3,9450
Gaothan land
Villages under Survey No. 12/12.0: Rs 2,100 per sqm
Areas in Pune City Road under Survey No. 12/12.2: Rs 2,350 per sqm
Land under Vadhu-Budruk Industrial Area
Pune Nagar road area under Survey No. 11/1: Rs 1,960 per sqm
Land near developed area on highway under Survey No. 11/11: Rs 1,660 per sqm
Pune City Road area under Survey No. 11/2: Rs 1,660 per sqm
Internal area from Pune City Road under Survey No. 11.3: Rs 1,990 per sqm
Area on Talegaon Road under Survey No. 11.4: Rs 1,210 per sqm
Land with uncultivated potential (बिनशेती संभाव्यता असलेली जमीन)
Pune Nagar road area under Survey No. 11/1: Rs 1,960 per sqm
Land near developed area on highway under Survey No. 11/11: Rs 1,660 per sqm
Pune City Road area under Survey No. 11/2: Rs 1,660 per sqm
Internal area from Pune City Road under Survey No. 11.3: Rs 1,990 per sqm
Area on Talegaon Road under Survey No. 11.4: Rs 1,210 per sqm
Jiyarat land (cultivated)
Developable land on highway under Survey No. 6/6.1: Rs 2,000 per sqm
Developable land on highway under Survey No. 6/6.2: Rs 4,846,000 per ha
Remaining land (per hectare) under Survey No. 6/6.3: 4,672,500 per ha
Land under jungle area
Rs 3,578,000 per hectare
Gairan land
Rs 3,935,500 per hectare
Industrial land
Area near industrial township: Rs 1,920 per sqm
Area near industrial village road: Rs 2,540 per sqm
Pune City Industrial Road Area: Rs 1,920 per sqm
Land under Pune Nagar Road area: Rs 1,180 per sqm
Land under MIDC
Industrial plot: Rs 2,890 per sqm
Residential plot: Rs 3,610 per sqm
Commercial plot: Rs 4,330 per sqm
How to check Koregaon Bhima ready reckoner rate list on official site?
Step 1: Visit the IGR Maharashtra official website at: https://igrmaharashtra.gov.in/Home.
Step 2: On the home page, click on e-ASR.
Step 3: Once you bring your cursor to the e-ASR, you will see several options. Click on e-ASR 2.0.
Step 4: You will now see a map of Maharashtra.
Step 5: On this map, select the district under which the area falls. In our case, Koregaon Bhima comes under Pune City. So, select Pune City.
Step 6: Select Shirur as Taluka.
Step 7: Select Mauje: Koregaon Bhima.
Step 8: You will see a detailed list of ready reckoner rates in Koregaon Bhima.
Why invest in Koregaon Bhima?
Located towards the north bank of Bhima River, Koregaon Bhima is a panchayat village under Shirur Taluka in Pune. Considering the low base price, this area has been a mega favourite among builders in the city to launch new projects. Those who want to bet on an emerging area to double their investments may consider this area as a viable option.
FAQs
What is ASR?
ASR stands for Annual Statement of Rates.
Are ready reckoner and circle rates the same?
Yes, ready reckoner rate is same as circle rate. Ready reckoner rate is the term commonly used in Maharashtra.
Are ready reckoner rate and guidance value the same?
Yes, the ready reckoner rate is the same as guidance value. Ready reckoner rate is the term commonly used in Maharashtra while guidance value is used in Karnataka.
Are ready reckoner and collector rates the same?
Yes, the ready reckoner rate is the same as collector rate. Ready reckoner rate is the term commonly used in Maharashtra while collector rate is used mostly in Haryana and Punjab.
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