Ready Reckoner Rate Pune 2018

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)
AkrudiRs. 42,230 - Rs. 57,480 Rs. 45,470 - Rs. 72,890 /
Rs. 50,000 - Rs. 1.32 Lakh
Ambegaon BudrukRs. 53,000 - Rs. 62,540 Rs. 59,140 - Rs. 63,500 /
Rs. 71,610 - Rs. 80,000
Ambegaon KhurdRs. 47,720 - Rs. 49,890 Rs. 47,250 - Rs. 51,080 /
Rs. 49,910 - Rs. 55,720
AundhRs. 54,450 - Rs. 1.04 LakhRs. 87,100 - Rs. 1.26 Lakh /
Rs. 1.56 Lakh - Rs. 11.12 Lakh
BalewadiRs. 47,100 - Rs. 73,010 Rs. 58,820 - Rs. 85,090 /
Rs. 75,000 - Rs. 1.21 Lakh
BanerRs. 42,760 - Rs. 83,830 Rs. 62,080 - Rs. 1.01 Lakh /
Rs. 81,130 - Rs. 1.45 Lakh
Bhavani PethRs. 45,550 - Rs. 81,150 Rs. 55,030 - Rs. 1.03 Lakh /
Rs. 74,370 - Rs. 1.81 Lakh
Bhosari VibhagRs. 40,770 - Rs. 52,090 Rs. 43,380 - Rs. 53,030 /
Rs. 47,170 - Rs. 89,490
BibvewadiRs. 45,290 - Rs. 95,160 Rs. 50,310 - Rs. 1.39 Lakh /
Rs. 76,740 - Rs. 2.11 Lakh
BopkhelRs. 36,300 - Rs. 38,470 Rs. 40,570 - Rs. 42,680 /
Rs. 43,370 - Rs. 51,200
BopodiRs. 47,420 - Rs. 75,820 Rs. 71,140 - Rs. 85,200 /
Rs. 89,800 - Rs. 1.33 Lakh
BorhadewadiRs. 44,270 - Rs. 47,650 Rs. 42,810 - Rs. 47,970 /
Rs. 51,360 - Rs. 52,320
Budhwar PethRs. 53,350 - Rs. 69,110 Rs. 82,670 - Rs. 1.39 Lakh /
Rs. 1.25 Lakh - Rs. 2.34 Lakh
Charoli BudrukRs. 40,840 - Rs. 46,070 Rs. 42,470 - Rs. 46,350 /
Rs. 45,290 - Rs. 47,900
ChinchwadRs. 44,070 - Rs. 60,320 Rs. 50,080 - Rs. 71,530 /
Rs. 56,440 - Rs. 1.62 Lakh
ChovisawadiRs. 39,100 - Rs. 40,430 Rs. 43,720 /
Rs. 46,620 - Rs. 51,200
DapodiRs. 47,400 - Rs. 53,450 Rs. 67,760 - Rs. 79,850 /
Rs. 83,760 - Rs. 1.32 Lakh
DhankawadiRs. 38,240 - Rs. 78,440 Rs. 55,080 - Rs. 96,100 /
Rs. 65,750 - Rs. 1.41 Lakh
DhanoriRs. 26,890 - Rs. 59,080 Rs. 46,640 - Rs. 86,190 /
Rs. 56,290 - Rs. 1.19 Lakh
DhayariRs. 50,360 - Rs. 52,390 Rs. 52,417 - Rs. 55,500 /
Rs. 58,650 - Rs. 64,780
DighiRs. 42,150 - Rs. 43,690 Rs. 44,380 /
Rs. 45,820
DudulgaonRs. 40,920 - Rs. 44,760 Rs. 42,680 - Rs. 44,590 /
Rs. 51,200 - Rs. 53,510
ErandwaneRs. 73,170 - Rs. 1.40 LakhRs. 1.11 Lakh - Rs. 1.83 Lakh /
Rs. 1.32 Lakh - Rs. 3.49 Lakh
Ganesh PethRs. 53,910 - Rs. 67,650 Rs. 74,090 - Rs. 1.23 Lakh /
Rs. 1.12 Lakh - Rs. 2.16 Lakh
Ganj PethRs. 45,210 - Rs. 50,860 Rs. 48,100 - Rs. 66,010 /
Rs. 75,440 - Rs. 1.19 Lakh
Ghorpade PethRs. 44,230 - Rs. 66,000 Rs. 57,330 - Rs. 71,340 /
Rs. 75,760 - Rs. 1.43 Lakh
GhorpadiRs. 53,150 - Rs. 1.48 LakhRs. 55,750 - Rs. 1.76 Lakh /
Rs. 83,660 - Rs. 1.77 Lakh
GultekediRs. 79,630 - Rs. 91,980 Rs. 90,670 - Rs. 1.43 Lakh /
Rs. 1.17 Lakh - Rs. 2.47 Lakh
Guruwar PethRs. 51,960 - Rs. 54,640 Rs. 66,590 - Rs. 78,840 /
Rs. 1 Lakh - Rs. 1.62 Lakh
HadpsarRs. 38,180 - Rs. 80,930 Rs. 52,760 - Rs. 85,000 /
Rs. 62,000 - Rs. 1.37 Lakh
Hingne Budruk KanvernagarRs. 77,500 - Rs. 91,500 Rs. 98,450 - Rs. 1.34 Lakh /
Rs. 1.25 Lakh - Rs. 1.78 Lakh
Hingne KhurdRs. 33,320 - Rs. 62,000 Rs. 44,650 - Rs. 70,000 /
Rs. 58,170 - Rs. 1.05 Lakh
KalasRs. 38,400 - Rs. 52,290 Rs. 39,190 - Rs. 57,960 /
Rs. 44,670 - Rs. 78,140
Kasba PethRs. 50,430 - Rs. 67,370 Rs. 70,520 - Rs. 1.06 Lakh /
Rs. 1.13 Lakh - Rs. 1.85 Lakh
KatrajRs. 34,220 - Rs. 66,980 Rs. 53,410 - Rs. 68,340 /
Rs. 64,110 - Rs. 1 Lakh
Khadaki CantonmentRs. 37,120 - Rs. 44,870 Rs. 39,570 - Rs. 53,500 /
Rs. 43,820 - Rs. 77,160
KharadiRs. 41,240 - Rs. 71,880 Rs. 42,440 - Rs. 83,370 /
Rs. 50,920 - Rs. 92,470
KiwaleRs. 34,500 - Rs. 48,180 Rs. 42,000 - Rs. 56,700 /
Rs. 48,000 - Rs. 60,000
Kondhwa BudrukRs. 40,360 - Rs. 56,250 Rs. 43,050 - Rs. 61,910 /
Rs. 60,980 - Rs. 84,960
Kondhwa KhurdRs. 35,200 - Rs. 62,950 Rs. 44,190 - Rs. 77,360 /
Rs. 58,000 - Rs. 1.34 Lakh
KothrudRs. 68,320 - Rs. 1.15 LakhRs. 69,930 - Rs. 1.53 Lakh /
Rs. 79,700 - Rs. 2.61 Lakh
LohegaonRs. 36,040 - Rs. 75,420 Rs. 40,950 - Rs. 96,650 /
Rs. 49,140 - Rs. 1.16 Lakh
MamurdhiRs. 36,400 - Rs. 42,300 Rs. 36,980 - Rs. 44,550 /
Rs. 41,530 - Rs. 48,570
Mangalwar PethRs. 44,730 - Rs. 71,840 Rs. 65,970 - Rs. 1.24 Lakh /
Rs. 76,810 - Rs. 1.55 Lakh
MohammadwadiRs. 34,050 - Rs. 61,540 Rs. 39,240 - Rs. 70,860 /
Rs. 53,720 - Rs. 99,670
MoshiRs. 40,440 - Rs. 49,710 Rs. 43,050 - Rs. 49,930 /
Rs. 44,500 - Rs. 71,950
MundhwaRs. 8,010 - Rs. 81,240 Rs. 76,510 - Rs. 1.05 Lakh /
Rs. 97,860 - Rs. 1.40 Lakh
Nana PethRs. 43,800 - Rs. 68,040 Rs. 54,060 - Rs. 1.13 Lakh /
Rs. 73,060 - Rs. 1.98 Lakh
NigdiRs. 42,180 - Rs. 50,620 Rs. 44,240 - Rs. 50,900 /
Rs. 58,410 - Rs. 1.03 Lakh
ParvatiRs. 71,900 - Rs. 1.13 LakhRs. 85,760 - Rs. 1.63 Lakh /
Rs. 98,160 - Rs. 2.65 Lakh
PashanRs. 50,870 - Rs. 88,170 Rs. 78,780 - Rs. 1.09 Lakh /
Rs. 1.12 Lakh - Rs. 1.51 Lakh
Pimple GuravRs. 40,960 - Rs. 73,290 Rs. 43,790 - Rs. 78,390 /
Rs. 49,440 - Rs. 96,480
Pimple NilakhRs. 44,680 - Rs. 74,110 Rs. 53,480 - Rs. 72,450 /
Rs. 60,730 - Rs. 81,770
Pimple SaudagarRs. 44,760 - Rs. 86,420 Rs. 50,250 - Rs. 86,420 /
Rs. 54,580 - Rs. 1.06 Lakh
Pimpri Waghire Rs. 41,260 - Rs. 67,460 Rs. 45,100 - Rs. 73,460 /
Rs. 57,860 - Rs. 1.45 Lakh
Rahatni Kale Wadi VibhagRs. 39,700 - Rs. 67,430 Rs. 43,040 - Rs. 69,210 /
Rs. 55,120 - Rs. 89,120
Rasta PethRs. 53,100 - Rs. 66,620 Rs. 75,080 - Rs. 97,140 /
Rs. 90,120 - Rs. 1.70 Lakh
RavetRs. 46,630 - Rs. 57,060 Rs. 47,670 - Rs. 58,410 /
Rs. 52,750 - Rs. 63,170
Raviwar PethRs. 49,300 - Rs. 74,800 Rs. 73,770 - Rs. 1.29 Lakh /
Rs. 97,960 - Rs. 2.35 Lakh
Sadashiv Peth Navi Peth Dattawadi Rs. 64,960 - Rs. 99,980 Rs. 99,190 - Rs. 1.98 Lakh /
Rs. 1.27 Lakh - Rs. 3.13 Lakh
SangviRs. 41,530 - Rs. 57,190 Rs. 43,230 - Rs. 62,630 /
Rs. 44,890 - Rs. 72,060
Shaniwar PethRs. 72,990 - Rs. 82,830 Rs. 92,720 - Rs. 1.55 Lakh /
Rs. 1.09 Lakh - Rs. 2.68 Lakh
Shukrawar PethRs. 58,420 - Rs. 80,950 Rs. 85,260 - Rs. 1.46 Lakh /
Rs. 1.11 Lakh - Rs. 2.85 Lakh
Somwar PethRs. 51,870 - Rs. 75,140 Rs. 75,490 - Rs. 1.06 Lakh /
Rs. 1.14 Lakh - Rs. 1.90 Lakh
TalwadeRs. 38,890 - Rs. 41,270 Rs. 42,400 - Rs. 42,610 /
Rs. 43,760 - Rs. 49,920
UndriRs. 49,330 - Rs. 60,450 Rs. 53,360 - Rs. 73,780 /
Rs. 65,000 - Rs. 92,150
Wadgaon BudrukRs. 34,900 - Rs. 72,490 Rs. 38,930 - Rs. 72,950 /
Rs. 48,370 - Rs. 92,470
Wadgaon KhurdRs. 40,610 - Rs. 71,760 Rs. 46,050 - Rs. 99,360 /
Rs. 55,990 - Rs. 1.19 Lakh
Wadgaon Sheri (Ram Wadi)Rs. 33,670 - Rs. 81,310 Rs. 41,680 - Rs. 1.25 Lakh /
Rs. 50,010 - Rs. 1.86 Lakh
WanwadiRs. 54,310 - Rs. 75,930 Rs. 72,660 - Rs. 1.20 Lakh /
Rs. 92,920 - Rs. 1.86 Lakh
WarjeRs. 36,090 - Rs. 68,830 Rs. 55,050 - Rs. 90,810 /
Rs. 72,650 - Rs. 1.27 Lakh
YerwadaRs. 42,380 - Rs. 97,350 Rs. 62,000 - Rs. 1.67 Lakh /
Rs. 75,810 - Rs. 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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