Average Ready Reckoner rate for a flat in Pinglai area
₹2,084 per sq ft
₹22,430 per sq m
- Range by zone
- ₹1,951–₹2,796
- Zones
- 12
- Applicable from
- 1 Apr 2025
Pinglai Ready Reckoner rate per sq ft by property type
Residential (flat)
₹2,084 per sq ft
₹22,430 per sq m
Range by zone ₹1,951–₹2,796
Open land (plot)
₹353 per sq ft
₹3,805 per sq m
Range by zone ₹253–₹959
Office
₹2,396 per sq ft
₹25,795 per sq m
Range by zone ₹2,244–₹3,216
Shops
₹2,605 per sq ft
₹28,040 per sq m
Range by zone ₹2,439–₹3,577
Flat rates in the Pinglai locality range from ₹1,951 to ₹2,796 per sq ft (₹21,000 to ₹30,100 per sq m), depending on the zone. The highest is zone 2.114; the lowest is zone 2.118.
Zone wise Ready Reckoner rate in Pinglai area
Ready Reckoner for Pinglai area has 12 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 survey number from your 7/12 extract (satbara utara) to the Sub-Registrar office, and they can tell you the zone code to type here.
Still not sure? The Bhandara 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 |
|---|---|---|---|---|---|
| 2.112 | All plots | 23,100 | 3,980 | 26,570 | 28,880 |
| 2.113 | All plots | 23,100 | 4,160 | 26,570 | 28,880 |
| 2.114 | Plot adjoining the Bhandara-Tumsar State Highway, from Hutatma Smarak to Paraga Metala Warka | 30,100 | 10,320 | 34,620 | 38,500 |
| 2.115 | Plot adjoining the Bhandara-Tumsar State Highway, from Paraga Metala to Bajaja Metala Warka (Gosekhurd project, backwater-affected area) | 26,000 | 6,790 | 29,900 | 32,500 |
| 2.116 | Plot adjoining the Bhandara-Tumsar State Highway, from Bajaja Metala to Lakshmi Metala Warka | 26,000 | 6,790 | 29,900 | 32,500 |
| 2.117-Bhandara | Plot adjoining the Tumsar State Highway (from the Municipal Council octroi naka up to the no-development division boundary) | 26,000 | 6,800 | 29,900 | 32,500 |
| 2.118 | Plots in the inner part east of the railway line | 21,000 | 3,540 | 24,150 | 26,250 |
| 2.119 | Plot in the area adjoining the nala east of the railway line (Gosekhurd project, backwater-affected area) | 21,000 | 3,600 | 24,150 | 26,250 |
| 2.120 | Plot in the part north of the nala east of the railway line | 21,000 | 3,610 | 24,150 | 26,250 |
| 2.121 | Plot west of the railway line | 21,760 | 3,630 | 25,020 | 27,200 |
| 2.122 | Land in the green belt along the Bhandara-Tumsar Road | 21,000 | 3,400 | 24,150 | 26,250 |
| 2.123A | Plots in other lands in the no-development zone | 21,000 | 2,720 | 24,150 | 26,250 |
Stamp duty and registration charges for a flat
In Maharashtra, stamp duty rate depends on whether Pinglai 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
- ₹20.8 lakh
- 1,000 sq ft × ₹2,084 per sq ft
- Every 1% of stamp duty
- ₹20,840
- The Sub-Registrar office can tell you the rate here
- Registration fee (1%)
- ₹20,840
- Capped at ₹30,000
- Women buying a home on their own pay 1% less stamp duty.
- Stamp duty rate for Pinglai depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹20.8 lakh, use the stamp duty calculator for Pinglai 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 ₹2,084 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹20.8 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.
Pinglai Ready Reckoner rate FAQs
What is Ready Reckoner rate in Pinglai per sq ft?
About ₹2,084 per sq ft (₹22,430 per sq m) for a flat in Pinglai on average. Zone rates run from ₹1,951 to ₹2,796 per sq ft, so use the rate for your own zone.
Which part of Pinglai has the highest Ready Reckoner rate?
Zone 2.114 at ₹30,100 per sq m (about ₹2,796 per sq ft). The lowest is zone 2.118 at ₹21,000 per sq m.
Is stamp duty in Pinglai 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 Pinglai's average flat rate has a Ready Reckoner value of about ₹20.8 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Pinglai changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Pinglai's average flat rate stays at ₹22,430 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Pinglai 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 Pinglai's average ₹2,084 per sq ft, that is roughly ₹22.9 lakh to ₹25 lakh.
What is Ready Reckoner rate for shops in Pinglai?
About ₹2,605 per sq ft (₹28,040 per sq m) on average, around 1.3 times the flat rate. Offices average ₹25,795 per sq m.
Ready Reckoner rates in other Bhandara areas
Pauni
Pauni · flat ₹1,788/sq ft, 14% lower than Pinglai
Kalmana
Mohadi · flat ₹1,721/sq ft, 17% lower than Pinglai
Ganeshpur
Bhandara · flat ₹2,044/sq ft, similar rate
Bhandara
Bhandara · flat ₹2,137/sq ft, similar rate
Kesalwada
Bhandara · flat ₹1,905/sq ft, 9% lower than Pinglai
Tumsar
Tumsar · flat ₹1,819/sq ft, 13% lower than Pinglai
See all 14 areas on the Bhandara Ready Reckoner rate page, or compare Pinglai with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Bhandara, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in