Ready Reckoner Rates in Maharashtra for 2022-2023
In Thane, the rates have been increased by 9.48 percent, Navi Mumbai by 8.90 percent, Panvel by 9.24 percent, Pune by 6.12 percent, Pimpri Chinchwad by 12.36 percent and Nasik by 12.15 percent.The rise in property prices also increased taxation prices for both sellers and buyers. Find below the rate hike in a few major cities in Maharashtra.
City
Revised rate
Mumbai
-0.6%
Thane
8.80%
Raigad
3%
Pune district
6.12%
Rural area
1.74%
Municipal Corporation Areas
1.02%
Municipal Council Areas
1.29%
Premium on Ready Reckoner Rate Maharashtra
A premium of up to 20 per cent is charged on the ready reckoner rates in Maharashtra. The premium is charged only on high floor buildings in Mumbai, Nashik, Navi Mumbai and Pune. The charges are given below:
Floors
Premium Charged
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%
Ready Reckoner Rates in Maharashtra for 2023
We suggest checking the ready reckoner rates in Maharashtra before you head out to buy a property. These rates give you a fair idea of the property prices and help negotiate accordingly.
Following are the ready reckoner rates of a few cities in Maharashtra. We have listed a few prominent locality rates; you can get more details on the city-wise blogs.