Average Ready Reckoner rate for a flat in Banewadi area
₹3,075 per sq ft
₹33,100 per sq m
- Range by zone
- ₹2,895–₹3,112
- Zones
- 3
- Applicable from
- 1 Apr 2025
Banewadi Ready Reckoner rate per sq ft by property type
Residential (flat)
₹3,075 per sq ft
₹33,100 per sq m
Range by zone ₹2,895–₹3,112
Open land (plot)
₹863 per sq ft
₹9,290 per sq m
Range by zone ₹780–₹869
Office
₹3,214 per sq ft
₹34,600 per sq m
Range by zone ₹3,027–₹3,437
Shops
₹4,041 per sq ft
₹43,500 per sq m
Range by zone ₹3,809–₹4,366
Flat rates in the Banewadi locality range from ₹2,895 to ₹3,112 per sq ft (₹31,160 to ₹33,500 per sq m), depending on the zone. The highest is zone 8.117A; the lowest is zone 8.117B. Shops are rated about 1.3 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Banewadi area
Ready Reckoner for Banewadi area has 3 zones. They are described by housing societies, 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 Chhatrapati Sambhajinagar 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 |
|---|---|---|---|---|---|
| 8.117 | All residential properties 256 | 33,100 | 9,350 | 34,600 | 43,500 |
| 8.117A | For properties in the housing project developed by Shri. Mujahid Patel son of Abdul Sami Patel | 33,500 | 9,290 | 37,000 | 47,000 |
| 8.117B | Properties in the Banewadi slum | 31,160 | 8,400 | 32,580 | 41,000 |
Stamp duty and registration charges for a flat
In Maharashtra, stamp duty rate depends on whether Banewadi 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
- ₹30.8 lakh
- 1,000 sq ft × ₹3,075 per sq ft
- Every 1% of stamp duty
- ₹30,750
- The Sub-Registrar office can tell you the rate here
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Women buying a home on their own pay 1% less stamp duty.
- Stamp duty rate for Banewadi depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹30.8 lakh, use the stamp duty calculator for Banewadi 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 ₹3,075 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹30.8 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.
Banewadi Ready Reckoner rate FAQs
What is Ready Reckoner rate in Banewadi per sq ft?
About ₹3,075 per sq ft (₹33,100 per sq m) for a flat in Banewadi on average. Zone rates run from ₹2,895 to ₹3,112 per sq ft, so use the rate for your own zone.
Which part of Banewadi has the highest Ready Reckoner rate?
Zone 8.117A at ₹33,500 per sq m (about ₹3,112 per sq ft). The lowest is zone 8.117B at ₹31,160 per sq m.
Is stamp duty in Banewadi 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 Banewadi's average flat rate has a Ready Reckoner value of about ₹30.8 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Banewadi changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Banewadi's average flat rate stays at ₹33,100 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Banewadi 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 Banewadi's average ₹3,075 per sq ft, that is roughly ₹33.8 lakh to ₹36.9 lakh.
What is Ready Reckoner rate for shops in Banewadi?
About ₹4,041 per sq ft (₹43,500 per sq m) on average, around 1.3 times the flat rate. Offices average ₹34,600 per sq m.
Ready Reckoner rates in other Chhatrapati Sambhajinagar taluka areas
Jalna Road
Chhatrapati Sambhajinagar · flat ₹4,190/sq ft, 36% higher than Banewadi
Paithan Gate
Chhatrapati Sambhajinagar · flat ₹7,051/sq ft, 129% higher than Banewadi
Jadhavwadi
Chhatrapati Sambhajinagar · flat ₹3,067/sq ft, about the same
Rawraspura
Chhatrapati Sambhajinagar · flat ₹3,078/sq ft, about the same
Bhavsingpura
Chhatrapati Sambhajinagar · flat ₹3,058/sq ft, about the same
Padegaon
Chhatrapati Sambhajinagar · flat ₹3,111/sq ft, similar rate
See all 53 areas on the Chhatrapati Sambhajinagar Ready Reckoner rate page, or compare Banewadi with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Chhatrapati Sambhajinagar, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in