Average Ready Reckoner rate for a flat in Jaihind Chowk area
₹2,672 per sq ft
₹28,765 per sq m
- Range by zone
- ₹2,402–₹2,943
- Zones
- 2
- Applicable from
- 1 Apr 2025
Jaihind Chowk Ready Reckoner rate per sq ft by property type
Residential (flat)
₹2,672 per sq ft
₹28,765 per sq m
Range by zone ₹2,402–₹2,943
Open land (plot)
₹959 per sq ft
₹10,320 per sq m
Range by zone ₹738–₹1,180
Office
₹3,071 per sq ft
₹33,055 per sq m
Range by zone ₹2,759–₹3,383
Shops
₹3,375 per sq ft
₹36,325 per sq m
Range by zone ₹3,070–₹3,679
Flat rates in the Jaihind Chowk locality range from ₹2,402 to ₹2,943 per sq ft (₹25,850 to ₹31,680 per sq m), depending on the zone. The highest is “Plots facing the main road from Lokhandi bridge to Jaihind Chowk” (zone 1.15/27B); the lowest is “Inner plots (away from main road)” (zone 1.16/27B).
Zone wise Ready Reckoner rate in Jaihind Chowk area
Ready Reckoner for Jaihind Chowk area has 2 zones. They are described by roads, not plot numbers, so type your road, society or landmark in the box below to find yours.
No match? Take the CTS number from your property card to the Sub-Registrar office, and they can tell you the zone code to type here.
Still not sure? The Akola Sub-Registrar office can confirm which zone it will use for your property. Our guide on finding your Ready Reckoner zone shows how to match your documents to a zone. If you think the value is too high, you can ask for it to be fixed under section 31 of the Maharashtra Stamp Act before you register. If the Collector fixes a higher value under section 32A, you can appeal within 60 days under section 32B.
| Zone | Area covered | Flat₹/sq m | Open plot₹/sq m | Office₹/sq m | Shop₹/sq m |
|---|---|---|---|---|---|
| 1.15/27B | Plots facing the main road from Lokhandi bridge to Jaihind Chowk | 31,680 | 12,700 | 36,410 | 39,600 |
| 1.16/27B | Inner plots (away from main road) | 25,850 | 7,940 | 29,700 | 33,050 |
Stamp duty and registration charges for a flat
In Maharashtra, stamp duty rate depends on whether Jaihind Chowk falls in a municipal corporation, a council or a village. It is charged on your agreement value or Ready Reckoner value, whichever is higher, and registration fee is 1%, capped at ₹30,000. Here are the figures for a 1,000 sq ft flat at this area's average flat rate.
- Ready Reckoner value
- ₹26.7 lakh
- 1,000 sq ft × ₹2,672 per sq ft
- Every 1% of stamp duty
- ₹26,720
- The Sub-Registrar office can tell you the rate here
- Registration fee (1%)
- ₹26,720
- Capped at ₹30,000
- Women buying a home on their own pay 1% less stamp duty.
- Stamp duty rate for Jaihind Chowk depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹26.7 lakh, use the stamp duty calculator for Jaihind Chowk area to see what you will pay on your actual price.
Buying a resale flat
New and resale flats in the same zone have the same Ready Reckoner rate. At the average ₹2,672 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹26.7 lakh, the least the government accepts when the sale is registered. Ready Reckoner guidelines lower the value of the building as it gets older and raise it on higher floors in buildings with a lift, so two resale flats in one zone can differ a little. The price you agree with the seller is often higher, and banks lend on their own valuer's report, not on Ready Reckoner rate.
Jaihind Chowk Ready Reckoner rate FAQs
What is Ready Reckoner rate in Jaihind Chowk per sq ft?
About ₹2,672 per sq ft (₹28,765 per sq m) for a flat in Jaihind Chowk on average. Zone rates run from ₹2,402 to ₹2,943 per sq ft, so use the rate for your own zone.
Which part of Jaihind Chowk has the highest Ready Reckoner rate?
Zone 1.15/27B, “Plots facing the main road from Lokhandi bridge to Jaihind Chowk”, at ₹31,680 per sq m (about ₹2,943 per sq ft). The lowest is zone 1.16/27B, “Inner plots (away from main road)”, at ₹25,850 per sq m.
Is stamp duty in Jaihind Chowk charged on Ready Reckoner rate or my agreement price?
On your agreement price, unless Ready Reckoner value is higher. A 1,000 sq ft flat at Jaihind Chowk's average flat rate has a Ready Reckoner value of about ₹26.7 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Jaihind Chowk changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Jaihind Chowk's average flat rate stays at ₹28,765 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Jaihind Chowk on carpet or built-up area?
Built-up area. The ASR guidelines convert carpet area with a factor of 1.1 or 1.2, depending on the area and year. So a 1,000 sq ft carpet flat counts as about 1,100 to 1,200 sq ft built-up. At Jaihind Chowk's average ₹2,672 per sq ft, that is roughly ₹29.4 lakh to ₹32.1 lakh.
What is Ready Reckoner rate for shops in Jaihind Chowk?
About ₹3,375 per sq ft (₹36,325 per sq m) on average, around 1.3 times the flat rate. Offices average ₹33,055 per sq m.
Ready Reckoner rates in other Akola taluka areas
Akkalkot
Akola · flat ₹1,850/sq ft, 31% lower than Jaihind Chowk
Umarkhed, Akola
Akola · flat ₹3,209/sq ft, 20% higher than Jaihind Chowk
Kholeshwar
Akola · flat ₹2,570/sq ft, similar rate
Malkapur, Akola
Akola · flat ₹2,800/sq ft, similar rate
Malipura
Akola · flat ₹2,432/sq ft, 9% lower than Jaihind Chowk
Umri Pragane Akola
Akola · flat ₹2,800/sq ft, similar rate
See all 62 areas on the Akola Ready Reckoner rate page, or compare Jaihind Chowk with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Akola, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in