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Ready Reckoner Rate Pune 2019

Ready reckoner Rate, Current Stamp Duty and Registration Charges in Pune

  • Ready reckoner rates refer to the minimum rate notified by the government through the registrar or sub registrar office of Pune for registration of property transactions.
  • Stamp duty is to be paid on the higher of the declared transaction value and the value calculated as per ready reckoner rate chart applicable for the sector or area of Pune.
  • Ready Reckoner rates of Pune has remain unchanged for FY2018 – 19. The ready reckoner rates were last hiked on 1st April, 2017 by Government of Maharashtra.

Ready Reckoner Rates Pune for Flats, Apartments, Offices and Shops

Area Flats and Apartments (Rs. Per Square Meter) Office / Shop (Rs. Per Square Meter)
Akrudi₹ 42,230 - ₹ 57,480 ₹ 45,470 - ₹ 72,890 /
₹ 50,000 - ₹ 1.32 Lakh
Ambegaon Budruk₹ 53,000 - ₹ 62,540 ₹ 59,140 - ₹ 63,500 /
₹ 71,610 - ₹ 80,000
Ambegaon Khurd₹ 47,720 - ₹ 49,890 ₹ 47,250 - ₹ 51,080 /
₹ 49,910 - ₹ 55,720
Aundh₹ 54,450 - ₹ 1.04 Lakh₹ 87,100 - ₹ 1.26 Lakh /
₹ 1.56 Lakh - ₹ 11.12 Lakh
Balewadi₹ 47,100 - ₹ 73,010 ₹ 58,820 - ₹ 85,090 /
₹ 75,000 - ₹ 1.21 Lakh
Baner₹ 42,760 - ₹ 83,830 ₹ 62,080 - ₹ 1.01 Lakh /
₹ 81,130 - ₹ 1.45 Lakh
Bhavani Peth₹ 45,550 - ₹ 81,150 ₹ 55,030 - ₹ 1.03 Lakh /
₹ 74,370 - ₹ 1.81 Lakh
Bhosari Vibhag₹ 40,770 - ₹ 52,090 ₹ 43,380 - ₹ 53,030 /
₹ 47,170 - ₹ 89,490
Bibvewadi₹ 45,290 - ₹ 95,160 ₹ 50,310 - ₹ 1.39 Lakh /
₹ 76,740 - ₹ 2.11 Lakh
Bopkhel₹ 36,300 - ₹ 38,470 ₹ 40,570 - ₹ 42,680 /
₹ 43,370 - ₹ 51,200
Bopodi₹ 47,420 - ₹ 75,820 ₹ 71,140 - ₹ 85,200 /
₹ 89,800 - ₹ 1.33 Lakh
Borhadewadi₹ 44,270 - ₹ 47,650 ₹ 42,810 - ₹ 47,970 /
₹ 51,360 - ₹ 52,320
Budhwar Peth₹ 53,350 - ₹ 69,110 ₹ 82,670 - ₹ 1.39 Lakh /
₹ 1.25 Lakh - ₹ 2.34 Lakh
Charoli Budruk₹ 40,840 - ₹ 46,070 ₹ 42,470 - ₹ 46,350 /
₹ 45,290 - ₹ 47,900
Chinchwad₹ 44,070 - ₹ 60,320 ₹ 50,080 - ₹ 71,530 /
₹ 56,440 - ₹ 1.62 Lakh
Chovisawadi₹ 39,100 - ₹ 40,430 ₹ 43,720 /
₹ 46,620 - ₹ 51,200
Dapodi₹ 47,400 - ₹ 53,450 ₹ 67,760 - ₹ 79,850 /
₹ 83,760 - ₹ 1.32 Lakh
Dhankawadi₹ 38,240 - ₹ 78,440 ₹ 55,080 - ₹ 96,100 /
₹ 65,750 - ₹ 1.41 Lakh
Dhanori₹ 26,890 - ₹ 59,080 ₹ 46,640 - ₹ 86,190 /
₹ 56,290 - ₹ 1.19 Lakh
Dhayari₹ 50,360 - ₹ 52,390 ₹ 52,417 - ₹ 55,500 /
₹ 58,650 - ₹ 64,780
Dighi₹ 42,150 - ₹ 43,690 ₹ 44,380 /
₹ 45,820
Dudulgaon₹ 40,920 - ₹ 44,760 ₹ 42,680 - ₹ 44,590 /
₹ 51,200 - ₹ 53,510
Erandwane₹ 73,170 - ₹ 1.40 Lakh₹ 1.11 Lakh - ₹ 1.83 Lakh /
₹ 1.32 Lakh - ₹ 3.49 Lakh
Ganesh Peth₹ 53,910 - ₹ 67,650 ₹ 74,090 - ₹ 1.23 Lakh /
₹ 1.12 Lakh - ₹ 2.16 Lakh
Ganj Peth₹ 45,210 - ₹ 50,860 ₹ 48,100 - ₹ 66,010 /
₹ 75,440 - ₹ 1.19 Lakh
Ghorpade Peth₹ 44,230 - ₹ 66,000 ₹ 57,330 - ₹ 71,340 /
₹ 75,760 - ₹ 1.43 Lakh
Ghorpadi₹ 53,150 - ₹ 1.48 Lakh₹ 55,750 - ₹ 1.76 Lakh /
₹ 83,660 - ₹ 1.77 Lakh
Gultekedi₹ 79,630 - ₹ 91,980 ₹ 90,670 - ₹ 1.43 Lakh /
₹ 1.17 Lakh - ₹ 2.47 Lakh
Guruwar Peth₹ 51,960 - ₹ 54,640 ₹ 66,590 - ₹ 78,840 /
₹ 1 Lakh - ₹ 1.62 Lakh
Hadpsar₹ 38,180 - ₹ 80,930 ₹ 52,760 - ₹ 85,000 /
₹ 62,000 - ₹ 1.37 Lakh
Hingne Budruk Kanvernagar₹ 77,500 - ₹ 91,500 ₹ 98,450 - ₹ 1.34 Lakh /
₹ 1.25 Lakh - ₹ 1.78 Lakh
Hingne Khurd₹ 33,320 - ₹ 62,000 ₹ 44,650 - ₹ 70,000 /
₹ 58,170 - ₹ 1.05 Lakh
Kalas₹ 38,400 - ₹ 52,290 ₹ 39,190 - ₹ 57,960 /
₹ 44,670 - ₹ 78,140
Kasba Peth₹ 50,430 - ₹ 67,370 ₹ 70,520 - ₹ 1.06 Lakh /
₹ 1.13 Lakh - ₹ 1.85 Lakh
Katraj₹ 34,220 - ₹ 66,980 ₹ 53,410 - ₹ 68,340 /
₹ 64,110 - ₹ 1 Lakh
Khadaki Cantonment₹ 37,120 - ₹ 44,870 ₹ 39,570 - ₹ 53,500 /
₹ 43,820 - ₹ 77,160
Kharadi₹ 41,240 - ₹ 71,880 ₹ 42,440 - ₹ 83,370 /
₹ 50,920 - ₹ 92,470
Kiwale₹ 34,500 - ₹ 48,180 ₹ 42,000 - ₹ 56,700 /
₹ 48,000 - ₹ 60,000
Kondhwa Budruk₹ 40,360 - ₹ 56,250 ₹ 43,050 - ₹ 61,910 /
₹ 60,980 - ₹ 84,960
Kondhwa Khurd₹ 35,200 - ₹ 62,950 ₹ 44,190 - ₹ 77,360 /
₹ 58,000 - ₹ 1.34 Lakh
Kothrud₹ 68,320 - ₹ 1.15 Lakh₹ 69,930 - ₹ 1.53 Lakh /
₹ 79,700 - ₹ 2.61 Lakh
Lohegaon₹ 36,040 - ₹ 75,420 ₹ 40,950 - ₹ 96,650 /
₹ 49,140 - ₹ 1.16 Lakh
Mamurdhi₹ 36,400 - ₹ 42,300 ₹ 36,980 - ₹ 44,550 /
₹ 41,530 - ₹ 48,570
Mangalwar Peth₹ 44,730 - ₹ 71,840 ₹ 65,970 - ₹ 1.24 Lakh /
₹ 76,810 - ₹ 1.55 Lakh
Mohammadwadi₹ 34,050 - ₹ 61,540 ₹ 39,240 - ₹ 70,860 /
₹ 53,720 - ₹ 99,670
Moshi₹ 40,440 - ₹ 49,710 ₹ 43,050 - ₹ 49,930 /
₹ 44,500 - ₹ 71,950
Mundhwa₹ 8,010 - ₹ 81,240 ₹ 76,510 - ₹ 1.05 Lakh /
₹ 97,860 - ₹ 1.40 Lakh
Nana Peth₹ 43,800 - ₹ 68,040 ₹ 54,060 - ₹ 1.13 Lakh /
₹ 73,060 - ₹ 1.98 Lakh
Nigdi₹ 42,180 - ₹ 50,620 ₹ 44,240 - ₹ 50,900 /
₹ 58,410 - ₹ 1.03 Lakh
Parvati₹ 71,900 - ₹ 1.13 Lakh₹ 85,760 - ₹ 1.63 Lakh /
₹ 98,160 - ₹ 2.65 Lakh
Pashan₹ 50,870 - ₹ 88,170 ₹ 78,780 - ₹ 1.09 Lakh /
₹ 1.12 Lakh - ₹ 1.51 Lakh
Pimple Gurav₹ 40,960 - ₹ 73,290 ₹ 43,790 - ₹ 78,390 /
₹ 49,440 - ₹ 96,480
Pimple Nilakh₹ 44,680 - ₹ 74,110 ₹ 53,480 - ₹ 72,450 /
₹ 60,730 - ₹ 81,770
Pimple Saudagar₹ 44,760 - ₹ 86,420 ₹ 50,250 - ₹ 86,420 /
₹ 54,580 - ₹ 1.06 Lakh
Pimpri Waghire ₹ 41,260 - ₹ 67,460 ₹ 45,100 - ₹ 73,460 /
₹ 57,860 - ₹ 1.45 Lakh
Rahatni Kale Wadi Vibhag₹ 39,700 - ₹ 67,430 ₹ 43,040 - ₹ 69,210 /
₹ 55,120 - ₹ 89,120
Rasta Peth₹ 53,100 - ₹ 66,620 ₹ 75,080 - ₹ 97,140 /
₹ 90,120 - ₹ 1.70 Lakh
Ravet₹ 46,630 - ₹ 57,060 ₹ 47,670 - ₹ 58,410 /
₹ 52,750 - ₹ 63,170
Raviwar Peth₹ 49,300 - ₹ 74,800 ₹ 73,770 - ₹ 1.29 Lakh /
₹ 97,960 - ₹ 2.35 Lakh
Sadashiv Peth Navi Peth Dattawadi ₹ 64,960 - ₹ 99,980 ₹ 99,190 - ₹ 1.98 Lakh /
₹ 1.27 Lakh - ₹ 3.13 Lakh
Sangvi₹ 41,530 - ₹ 57,190 ₹ 43,230 - ₹ 62,630 /
₹ 44,890 - ₹ 72,060
Shaniwar Peth₹ 72,990 - ₹ 82,830 ₹ 92,720 - ₹ 1.55 Lakh /
₹ 1.09 Lakh - ₹ 2.68 Lakh
Shukrawar Peth₹ 58,420 - ₹ 80,950 ₹ 85,260 - ₹ 1.46 Lakh /
₹ 1.11 Lakh - ₹ 2.85 Lakh
Somwar Peth₹ 51,870 - ₹ 75,140 ₹ 75,490 - ₹ 1.06 Lakh /
₹ 1.14 Lakh - ₹ 1.90 Lakh
Talwade₹ 38,890 - ₹ 41,270 ₹ 42,400 - ₹ 42,610 /
₹ 43,760 - ₹ 49,920
Undri₹ 49,330 - ₹ 60,450 ₹ 53,360 - ₹ 73,780 /
₹ 65,000 - ₹ 92,150
Wadgaon Budruk₹ 34,900 - ₹ 72,490 ₹ 38,930 - ₹ 72,950 /
₹ 48,370 - ₹ 92,470
Wadgaon Khurd₹ 40,610 - ₹ 71,760 ₹ 46,050 - ₹ 99,360 /
₹ 55,990 - ₹ 1.19 Lakh
Wadgaon Sheri (Ram Wadi)₹ 33,670 - ₹ 81,310 ₹ 41,680 - ₹ 1.25 Lakh /
₹ 50,010 - ₹ 1.86 Lakh
Wanwadi₹ 54,310 - ₹ 75,930 ₹ 72,660 - ₹ 1.20 Lakh /
₹ 92,920 - ₹ 1.86 Lakh
Warje₹ 36,090 - ₹ 68,830 ₹ 55,050 - ₹ 90,810 /
₹ 72,650 - ₹ 1.27 Lakh
Yerwada₹ 42,380 - ₹ 97,350 ₹ 62,000 - ₹ 1.67 Lakh /
₹ 75,810 - ₹ 2.44 Lakh

What does ready reckoner rate in Pune depend upon? Are the rates same across Pune?

  • Ready reckoner rates tend to vary across various areas of Pune depending upon the market value of the area and the facilities that are available in that area
  • Pune administration has divided the properties in Pune and its suburbs into 19 divisions or zones and further into 221 sub zones based on location. Classification of zones and sub zones is mostly done with reference to main arterial roads and railway lines (west to east) – the marine drive, the linking road, the western railway line, the western express highway, the central railway line, the eastern express highway and the harbor line. The current classification of areas in Pune is available here
  • Typically, government tends to assign higher ready reckoner rate to commercial properties and lower rates for residential properties
  • Ready reckoner rates also depend upon the type of the property. Registrar value of flats and apartments in Pune is different from that of plots and independent houses even in the same area
  • Stilt parking and open parking are to be taken into account while arriving at assesses value for payment of stamp duty. The value of parking slot attached to an apartment is linked to ready reckoner rates as below:

    Valuation of Parking Slots in Pune

    Stilt parking or covered parking Area of parking slot multiplied by 25% of the ready reckoner rate per unit area applicable for the property
    Open parking Area of parking slot multiplied by 40% of the ready reckoner rate of developed land in that zone
  • It is well known that buyers in Pune prefer flats on higher floors and hence these are priced higher by builders and in resale markets. Builders charge a “floor rise” component for flats located on higher stories. Thus, the government of Maharashtra and Pune registrar office charge a premium on ready reckoner rate on flats located on higher floors as below:
  • Floor rise premium on flats in Pune for calculation of ready reckoner rates

    Floor of the apartment block Premium
    Upto 4th floorNil
    5th to 10th floors5%
    11th to 20th floors10%
    21st to 30th floor15%
    31st floor an above20%

Stamp Duty in Pune

  • Stamp duty is payable as a percentage of the higher of declared agreement value and assessed value as per ready reckoner rate chart.

Current Stamp Duty Rates in Pune

Stamp Duty Rate Rates
Males 6%
Females 6%
Male and Female Joint Owners 6%

Registry Charges in Pune

  • Registration charges are an additional levy over and above the stamp duty and are levied to cover the cost of running registration offices by the government
  • While registering property in Pune you will need to pay a registration fee of

How to calculate value of a property for payment of stamp duty in Pune using circle rates?

Simply follow the following steps to calculate the value at which stamp duty is payable on purchase of property in Pune

Step 1 – Check the built up area of the property, its other features like floor, amenities, age of construction and plot area. Built up area is regarded as the higher of 1.2 times the carpet area of the flat and the actual built up area if the same is mentioned in the property documents

Step 2 – Select the applicable property type from among all the listed property types (e.g., is the property a flat or a plot or a house or a builder floor or a shop or a commercial unit)

Step 3 – Select the locality or area where the property is located from the classification available on registrar office website or on MyLoanCare

Step 4 – Calculate the minimum assessed value as per current ready reckoner rate as below:

Residential apartmentsFor builder flats and resale apartments in group housing societies, sum of:
  • Built up area of flat in square meter multiplied by applicable circle rate for flats in Rs. per per square meter * (1 + floor rise)
  • Number of open car parking slots * 40% of the ready reckoner rate of developed land in that zone
  • Number of covered car parking slots * 25% of the ready reckoner rate per unit area applicable for the property
House Constructed on PlotSum of:
  • Area of plot in square meter multiplied by applicable ready reckoner rate for flats in that area in Rs. per square meter multiplied by 1.25

What is the difference between market rate and ready reckoner rates?

  • Ready reckoner rates are notified by the government and are used as reference point for payment of stamp duty on property transaction registrations in Pune
  • Market prices refer to the actual price at which property sale-purchase transactions are transacted between buyers and sellers
  • In most cases, ready reckoner rates tend to be slightly lower than market prices. However, in some cases it is seen that the ready reckoner rates may even be higher than market prices

Main Localities and Colonies in Pune for Calculation of Ready Reckoner Rate

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