Maharashtra Ready Reckoner Rate 2026 | Circle Rates Stamp Duty
Maharashtra ready reckoner rate 2026 - circle rates, stamp duty and registration charges across Pune, Baramati, Mumbai, Nagpur, Nashik. IGR Maharashtra state-wide rates.
What is ready reckoner rate?
Ready reckoner rate (also called circle rate or guidance value) is the minimum value at which a property can be registered in a particular area. It's set by the Inspector General of Registration (IGR), Maharashtra.
Stamp duty and registration in Maharashtra
Stamp duty in Maharashtra is typically 5% of the property value (higher for Mumbai metropolitan areas), plus 1% registration charge. These are calculated on the ready reckoner rate or transaction value, whichever is higher.
Maharashtra ready reckoner: your questions answered.
What is the ready reckoner rate in Maharashtra 2026?
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Ready reckoner rates (circle rates) vary by taluka and city across Maharashtra. They are set by IGR Maharashtra and revised annually. Rates determine stamp duty and registration charges on property transactions.
How does ready reckoner rate affect construction cost?
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Ready reckoner rates don't directly affect construction cost, but they determine stamp duty and registration charges (typically 5–7% of property value) which add to the total project cost.