Average Ready Reckoner rate for a flat in Malkapur, Akola area
₹2,800 per sq ft
₹30,140 per sq m
- Range by zone
- ₹1,829–₹3,291
- Zones
- 20
- In Akola
- 10th highest
- Applicable from
- 1 Apr 2025
Malkapur, Akola Ready Reckoner rate per sq ft by property type
Residential (flat)
₹2,800 per sq ft
₹30,140 per sq m
Range by zone ₹1,829–₹3,291
Open land (plot)
₹799 per sq ft
₹8,595 per sq m
Range by zone ₹70–₹1,696
Office
₹3,188 per sq ft
₹34,320 per sq m
Range by zone ₹2,103–₹3,781
Shops
₹3,538 per sq ft
₹38,085 per sq m
Range by zone ₹2,286–₹4,343
Flat rates in the Malkapur, Akola locality range from ₹1,829 to ₹3,291 per sq ft (₹19,690 to ₹35,420 per sq m), depending on the zone. The highest is zone 5.230/82; the lowest is zone 5.234.10.
Zone wise Ready Reckoner rate in Malkapur, Akola area
Ready Reckoner for Malkapur, Akola area has 20 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.
Nothing matches. Try a road, landmark or society name from your agreement, or ask the Sub-Registrar office for the zone code.
| Zone | Area covered | Flat₹/sq m | Open plot₹/sq m | Office₹/sq m | Shop₹/sq m |
|---|---|---|---|---|---|
| 5.226/69 | Inner plots (away from main road) | 35,200 | 18,260 | 40,480 | 44,000 |
| 5.227/70 | Inner plots (away from main road) | 30,470 | 13,695 | 35,040 | 38,085 |
| 5.228/71 | Plots facing the Mangrulpir main road | 33,000 | 13,850 | 37,950 | 41,250 |
| 5.229.1/71 | Developable land facing the highway | — | 3,020 | — | — |
| 5.229/71 | Inner plots (away from main road) | 30,250 | 13,540 | 34,785 | 40,150 |
| 5.230/82 | Plots facing the Gorakshan main road | 35,420 | 16,790 | 40,700 | 46,750 |
| 5.231/82 | Inner plots (away from main road) | 31,350 | 13,755 | 36,050 | 39,185 |
| 5.232/83 | Inner plots (away from main road) | 28,930 | 12,650 | 33,220 | 37,620 |
| 5.233/83 | Plots facing the main road from Gorakshan to the M.C. boundary | 33,110 | 15,455 | 38,060 | 43,560 |
| 5.234.1 | Land facing the highway in the no-development zone, per sq m | — | 1,745 | — | — |
| 5.234.1/83 | Developed plots facing the highway | 28,050 | 10,000 | 32,010 | 35,060 |
| 5.234.3.1 | Remaining land in the no-development zone, per sq m | — | 750 | — | — |
| 5.234.4 | Non-agricultural plots facing the highway in the residential zone | 24,200 | 7,190 | 27,830 | 30,250 |
| 5.234.5 | Non-agricultural plots in the residential zone | 21,010 | 6,820 | 24,090 | 26,260 |
| 5.234.6 | Remaining non-agricultural plots in the residential zone | 23,320 | 4,510 | 26,815 | 29,150 |
| 5.234.7 | Remaining non-agricultural plots in the residential zone | 21,340 | 4,070 | 24,540 | 27,720 |
| 5.234.8 | Developable land facing the highway in the residential zone | — | 1,540 | — | — |
| 5.234.9 | Remaining developable land in the residential zone | — | 1,485 | — | — |
| 5.234.10 | Remaining properties in the village settlement | 19,690 | 3,740 | 22,640 | 24,610 |
| 5.234/83 | Inner plots (away from main road) | 30,140 | 11,935 | 34,320 | 40,920 |
— means the schedule publishes no rate for that zone.
Stamp duty and registration charges for a flat
In Maharashtra, stamp duty rate depends on whether Malkapur, Akola 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
- ₹28 lakh
- 1,000 sq ft × ₹2,800 per sq ft
- Every 1% of stamp duty
- ₹28,000
- The Sub-Registrar office can tell you the rate here
- Registration fee (1%)
- ₹28,000
- Capped at ₹30,000
- Women buying a home on their own pay 1% less stamp duty.
- Stamp duty rate for Malkapur, Akola depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹28 lakh, use the stamp duty calculator for Malkapur, Akola 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 ₹2,800 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹28 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.
Malkapur, Akola Ready Reckoner rate FAQs
What is Ready Reckoner rate in Malkapur, Akola per sq ft?
About ₹2,800 per sq ft (₹30,140 per sq m) for a flat in Malkapur, Akola on average. Zone rates run from ₹1,829 to ₹3,291 per sq ft, so use the rate for your own zone.
Which part of Malkapur, Akola has the highest Ready Reckoner rate?
Zone 5.230/82, “Plots facing the Gorakshan main road”, at ₹35,420 per sq m (about ₹3,291 per sq ft). The lowest is zone 5.234.10 at ₹19,690 per sq m.
Is stamp duty in Malkapur, Akola 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 Malkapur, Akola's average flat rate has a Ready Reckoner value of about ₹28 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Malkapur, Akola changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Malkapur, Akola's average flat rate stays at ₹30,140 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Malkapur, Akola 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 Malkapur, Akola's average ₹2,800 per sq ft, that is roughly ₹30.8 lakh to ₹33.6 lakh.
What is Ready Reckoner rate for shops in Malkapur, Akola?
About ₹3,538 per sq ft (₹38,085 per sq m) on average, around 1.3 times the flat rate. Offices average ₹34,320 per sq m.
Ready Reckoner rates in other Akola taluka areas
Akkalkot
Akola · flat ₹1,850/sq ft, 34% lower than Malkapur, Akola
Sukapur
Akola · flat ₹2,105/sq ft, 25% lower than Malkapur, Akola
Jaihind Chowk
Akola · flat ₹2,672/sq ft, similar rate
Umri Pragane Akola
Akola · flat ₹2,800/sq ft, about the same
Kholeshwar
Akola · flat ₹2,570/sq ft, 8% lower than Malkapur, Akola
Umarkhed, Akola
Akola · flat ₹3,209/sq ft, 15% higher than Malkapur, Akola
See all 62 areas on the Akola Ready Reckoner rate page, or compare Malkapur, Akola 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