Ready Reckoner Rate Maharashtra: How to Check Online (2026 Guide)
Learn how IGR Maharashtra sets the ready reckoner rate, what changed for 2025-26 and 2026-27, how to look up your village or zone on eASR, and how stamp duty uses it.
Maharashtra's ready reckoner rate is the Annual Statement of Rates, or ASR (बाजारमूल्य दर तक्ता), prepared by the Stamps and Registration Department to assess the true market value of land for stamp duty, and anyone can look it up free through the department's eASR application. The rates in force from 1 April 2026 are the same as 2025-26, because the government decided not to revise them for 2026-27. For a buyer, the ASR value sets the minimum base for stamp duty, whatever price you agree.
At a glance
| Item | Detail | Source |
|---|---|---|
| Official name | Annual Statement of Rates (ASR), commonly called ready reckoner | IGR Maharashtra, ASR page |
| Prepared by | Stamps and Registration Department (Inspector General of Registration and Controller of Stamps) | IGR Maharashtra, ASR page |
| Legal basis | Rule 4 of the Bombay Stamp rules of 1995 on determining true market value | Amendment notification, 31 December 2015 |
| Revision date | 1 April each year (changed from 1 January by the 2015 amendment) | Amendment notification, 31 December 2015 |
| 2026-27 | No revision; rates from 1 April 2026 stay at 2025-26 levels | IGR announcement of 31 March 2026, as reported |
| Where to look it up | eASR web application on the IGR Maharashtra site; details under SARATHI, Valuation section | IGR Maharashtra, ASR page |
| Undervaluation | Section 32A, Maharashtra Stamp Act; appeal under Section 32B within 60 days | Maharashtra Stamp Act, as amended to 3 June 2022 |
What the ready reckoner rate is
The ready reckoner is Maharashtra's version of the circle rate (see circle rate names by state). IGR Maharashtra describes the ASR as prepared for assessing the true market value of land for stamp duty, and says any citizen can find the official rate for any land in the state.
The Maharashtra Stamp Act defines market value, in Section 2(na), as the price the land would have fetched in the open market on the date of execution, or the consideration stated in the deed, whichever is higher. The ASR gives the registering officer a standard starting figure for that test. It is not a market price; for how the two differ in practice, read circle rate vs market rate.
Who sets it and the 1 April cycle
The Stamps and Registration Department prepares the ASR every year under Rule 4 of the 1995 Bombay Stamp rules on determining true market value. A Revenue and Forests Department notification of 31 December 2015 changed the annual date in sub-rules (3) and (4) of Rule 4 from 1 January to 1 April, so the ASR year now runs with the financial year.
The department also updates the ASR between revisions for technical reasons. Alongside the 2026-27 decision, it reported adding new survey numbers, approved development plans and corrections to village names. The department is also working with MRSAC to map valuation zones on geospatial maps, and in April 2026 the Revenue Minister spoke of micro-zoning for Mumbai, Pune, Thane, Nagpur and Chhatrapati Sambhajinagar. We could not confirm when either will reach the public eASR.
2025-26 and 2026-27 rates
- 2025-26: rates rose from 1 April 2025, reported as an average of 3.36% in rural areas, 4.97% in municipal council areas, 5.95% in municipal corporation areas and 3.39% in the Mumbai Municipal Corporation area.
- 2026-27: on 31 March 2026 the Office of the Inspector General of Registration and Controller of Stamps announced that rates from 1 April 2026 stay at the 2025-26 level. The Revenue Minister said a proposed rise of 12 to 14% had been rejected.
- Earlier pattern: reported average increases were 5.86% in 2017-18, 1.74% in 2020-21 and 4.81% in 2022-23, with 2022-23 rates then held for two years.
So for any deed registered between 1 April 2026 and 31 March 2027, the value you see under the 2025-26 or 2026-27 statement in eASR should be the same, unless a technical correction changed your survey number. Check the year selected on screen.
Step by step: search on eASR
We could not open the live eASR pages while preparing this guide, so these steps follow the general structure; use the labels on screen.
- Open igrmaharashtra.gov.in and go to the eASR (online ASR) application. Pages are in English and Marathi.
- Select the year of the statement. Use the year in which you will execute and register the deed.
- Choose the district, then the taluka, then the village. In cities, choose the municipal area and then the zone or sub-zone.
- For farmland, search the survey number (Gat number) of the land. Where the survey is not listed separately, the village's general rate applies.
- Note every column shown, such as rates for open land, residential, office, shop and industrial use, with the unit.
- Save a screenshot or print with the year and date visible.
Use the 7/12 survey number
Take the Gat or survey number and village from the Satbara Utara (सातबारा उतारा) before searching. Land in a gaothan, a municipal limit or an influence zone can carry a very different rate from farmland a few hundred metres away.
Our Satbara 7/12 guide shows how to download it.
Rural farmland vs urban zones
The ASR is organised differently outside and inside cities.
- Rural villages: agricultural land is generally valued per hectare, with some villages listing rates by survey number and others carrying a single village rate. Non-agricultural plots in the same village are valued per square metre. We could not confirm the column layout for every district.
- Municipal councils and corporations: the city is divided into zones and sub-zones, each with rates per square metre for open land and for built-up use. Searches such as "Pune ready reckoner rate" or "ready reckoner rate in Mumbai" are about these zone tables.
- Influence areas and growth corridors: villages near cities can carry higher rates than ordinary farmland, and the stamp duty category may also change (see the stamp duty in Maharashtra guide).
The ASR also carries guidelines on how to apply the rates, for example adjustments for access road, land size or use. These are on the eASR or SARATHI valuation pages; read them before you calculate, because the registering officer will apply them.
How stamp duty uses it
Stamp duty is charged on market value, which in practice means the higher of the ASR value and the price in the deed. If the registering officer believes the market value is not truly set forth, Section 32A of the Maharashtra Stamp Act lets him refer the deed to the Collector. After a hearing, the District Collector decides the true market value and you pay the shortfall plus a penalty of 2% per month, capped at four times the deficiency. The Collector can also act on his own within ten years of registration.
If you disagree, Section 32B allows an appeal within 60 days of receiving the order. You can also ask the Collector in advance, under Section 31, to determine the duty on a document for a fee of Rs 100.
Income tax also uses the stamp duty value for the seller's capital gains and, beyond a tolerance band, for the buyer when the price is lower; confirm current provisions under the Income-tax Act, 2025 with a chartered accountant.
What to check before you rely on it
- Check the statement year selected in eASR matches the year you will register.
- Confirm the survey or Gat number, village and taluka match the 7/12 and mutation entries.
- Check whether the land is inside a municipal council, corporation or influence area; both the ASR rate and the duty rate can change.
- Do not rely on rate sheets passed around by brokers.
- The ASR says nothing about title; use the land due diligence checklist.
Frequently Asked Questions
What is the ready reckoner rate in Maharashtra?
Have ready reckoner rates changed for 2026-27?
When are ready reckoner rates revised?
Where can I check the ready reckoner rate online?
How do I check the Pune ready reckoner rate?
How do I check the ready reckoner rate in Mumbai?
Is stamp duty charged on the ready reckoner value or the sale price?
What happens if my deed is valued below the ready reckoner rate?
Can I appeal the Collector's valuation?
Is ready reckoner rate the same as market value?
Sources
- IGR Maharashtra: About the Annual Statement of Rates (ASR)
- Revenue and Forests Department, Maharashtra: amendment to Rule 4 on the ASR date, 31 December 2015
- IGR Maharashtra: Maharashtra Stamp Act, 1958, as amended to 3 June 2022
- Inspector General of Registration and Controller of Stamps, Maharashtra: home





