Average Ready Reckoner rate for a flat in Shah Market area
₹3,781 per sq ft
₹40,700 per sq m
- Range by zone
- ₹3,118–₹5,518
- Zones
- 19
- Applicable from
- 1 Apr 2025
Shah Market Ready Reckoner rate per sq ft by property type
Residential (flat)
₹3,781 per sq ft
₹40,700 per sq m
Range by zone ₹3,118–₹5,518
Open land (plot)
₹2,193 per sq ft
₹23,600 per sq m
Range by zone ₹1,115–₹4,415
Office
₹4,320 per sq ft
₹46,500 per sq m
Range by zone ₹3,670–₹5,769
Shops
₹6,601 per sq ft
₹71,050 per sq m
Range by zone ₹4,413–₹8,036
Flat rates in the Shah Market locality range from ₹3,118 to ₹5,518 per sq ft (₹33,560 to ₹59,400 per sq m), depending on the zone. The highest is zone 1.283; the lowest is zone 1.294. Shops are rated about 1.7 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Shah Market area
Ready Reckoner for Shah Market area has 19 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 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 |
|---|---|---|---|---|---|
| 1.255 | Institution Ganapati to Raja Market Chowk Road | 58,300 | 41,400 | 60,950 | 86,500 |
| 1.263 | The road going towards Abhinay from the Talkies Moti Karanja | 45,100 | 26,400 | 47,150 | 84,000 |
| 1.264 | All remaining properties in the Hari Masjid, Abhinay Talkies and Athavadi Market area | 45,100 | 24,530 | 47,150 | 84,000 |
| 1.267 | The road going from Hari Masjid towards Rengatipura | 58,300 | 41,400 | 60,950 | 86,500 |
| 1.274 | Shah Market to Champa Masjid Road | 58,300 | 41,400 | 60,950 | 84,500 |
| 1.275 | Hindi Vidyalay to Nijamudyin Dargah up to Road | 58,300 | 41,400 | 60,950 | 84,500 |
| 1.279 | The road going from Shah Market towards Raja Market | 58,300 | 41,400 | 60,950 | 86,500 |
| 1.283 | Shah Market to Champa Masjid Road | 59,400 | 47,520 | 62,100 | 86,500 |
| 1.286 | All remaining properties in the Kali Masjid and Shah Market area | 35,010 | 15,830 | 41,500 | 59,000 |
| 1.288 | The road going Phajilapurahun towards Damdi Mahal S.T. Colony road | 44,000 | 20,400 | 46,000 | 76,000 |
| 1.293 | The road going from Manjur Pura towards Labour the colony | 40,600 | 16,410 | 43,700 | 71,050 |
| 1.294 | All remaining properties in the Manjurpura, Labour Colony area | 33,560 | 12,900 | 41,500 | 71,000 |
| 1.296 | The road going from Manjur Pura towards Labour the colony | 40,600 | 16,400 | 42,550 | 59,500 |
| 1.297 | Phajalapura to Labour towards the colony going east west Road | 37,400 | 16,610 | 39,500 | 59,500 |
| 1.298 | All remaining properties in the Labour Colony area | 36,300 | 15,180 | 39,500 | 57,000 |
| 1.308 | The road going from Manjurpura towards Labour the colony | 40,700 | 17,310 | 42,550 | 65,000 |
| 1.440 | Kat Gate to Shah Market, Damdi Mahal towards going east west road | 40,700 | 23,600 | 47,000 | 70,000 |
| 1.443 | The road going from Katakat Gate to Shah Market, towards Damdi Mahal | 40,700 | 23,600 | 46,500 | 70,000 |
| 1.450 | Shah Market slum in the area all properties | 36,200 | 12,000 | 45,500 | 47,500 |
Stamp duty and registration charges for a flat
In Maharashtra, stamp duty rate depends on whether Shah Market 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
- ₹37.8 lakh
- 1,000 sq ft × ₹3,781 per sq ft
- Every 1% of stamp duty
- ₹37,810
- 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 Shah Market depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹37.8 lakh, use the stamp duty calculator for Shah Market 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 ₹3,781 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹37.8 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.
Shah Market Ready Reckoner rate FAQs
What is Ready Reckoner rate in Shah Market per sq ft?
About ₹3,781 per sq ft (₹40,700 per sq m) for a flat in Shah Market on average. Zone rates run from ₹3,118 to ₹5,518 per sq ft, so use the rate for your own zone.
Which part of Shah Market has the highest Ready Reckoner rate?
Zone 1.283, “Shah Market to Champa Masjid Road”, at ₹59,400 per sq m (about ₹5,518 per sq ft). The lowest is zone 1.294 at ₹33,560 per sq m.
Is stamp duty in Shah Market 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 Shah Market's average flat rate has a Ready Reckoner value of about ₹37.8 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Shah Market changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Shah Market's average flat rate stays at ₹40,700 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Shah Market 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 Shah Market's average ₹3,781 per sq ft, that is roughly ₹41.6 lakh to ₹45.4 lakh.
What is Ready Reckoner rate for shops in Shah Market?
About ₹6,601 per sq ft (₹71,050 per sq m) on average, around 1.7 times the flat rate. Offices average ₹46,500 per sq m.
Ready Reckoner rates in other Chhatrapati Sambhajinagar taluka areas
Jalna Road
Chhatrapati Sambhajinagar · flat ₹4,190/sq ft, 11% higher than Shah Market
Paithan Gate
Chhatrapati Sambhajinagar · flat ₹7,051/sq ft, 86% higher than Shah Market
Roshan Gate
Chhatrapati Sambhajinagar · flat ₹3,781/sq ft, about the same
Chawani
Chhatrapati Sambhajinagar · flat ₹3,883/sq ft, similar rate
Kanchanwadi
Chhatrapati Sambhajinagar · flat ₹3,781/sq ft, about the same
Damdi Mahal
Chhatrapati Sambhajinagar · flat ₹3,883/sq ft, similar rate
See all 53 areas on the Chhatrapati Sambhajinagar Ready Reckoner rate page, or compare Shah Market 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