Average Ready Reckoner rate for a flat in Akola Road area
₹2,099 per sq ft
₹22,590 per sq m
- Range by zone
- ₹1,635–₹2,248
- Zones
- 8
- In Hingoli
- 4th highest
- Applicable from
- 1 Apr 2025
Akola Road Ready Reckoner rate per sq ft by property type
Residential (flat)
₹2,099 per sq ft
₹22,590 per sq m
Range by zone ₹1,635–₹2,248
Open land (plot)
₹864 per sq ft
₹9,300 per sq m
Range by zone ₹266–₹1,226
Office
₹2,233 per sq ft
₹24,040 per sq m
Range by zone ₹1,812–₹3,066
Shops
₹4,250 per sq ft
₹45,750 per sq m
Range by zone ₹1,997–₹6,039
Flat rates in the Akola Road locality range from ₹1,635 to ₹2,248 per sq ft (₹17,600 to ₹24,200 per sq m), depending on the zone. The highest is zone 1.11; the lowest is zone 1.24. Shops are rated about 2 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Akola Road area
Ready Reckoner for Akola Road area has 8 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 Hingoli 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 |
|---|---|---|---|---|---|
| 1.11 | Properties on this Akola Road from the Municipal Council to the railway bridge | 24,200 | 11,000 | 28,000 | 50,000 |
| 1.16 | Properties on the road from Ambika Talkies to the Municipal Council up to Akola Road | 23,100 | 10,500 | 25,000 | 58,500 |
| 1.17 | Remaining properties on interior roads excluding properties on the main road, per sq m | 21,340 | 8,100 | 23,000 | 41,500 |
| 1.24 | Remaining properties on interior roads excluding properties on the above-mentioned roads, per sq m | 17,600 | 2,860 | 19,500 | 21,500 |
| 1.25 | Remaining properties on the interior roads | 23,100 | 13,200 | 26,500 | 65,000 |
| 1.26 | Indira Gandhi statue to Municipal Council office (properties on Akola Road) | 24,200 | 11,200 | 33,000 | 64,000 |
| 1.55 | All other remaining properties on interior roads excluding properties on the main road, per sq m | 17,610 | 3,110 | 19,500 | 21,500 |
| 1.56 | Properties on the Hingoli-Akola Road up to the cemetery, per sq m, residential zone | 22,080 | 5,930 | 23,080 | 37,500 |
Stamp duty and registration charges for a flat
In Maharashtra, stamp duty rate depends on whether Akola Road 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
- ₹21 lakh
- 1,000 sq ft × ₹2,099 per sq ft
- Every 1% of stamp duty
- ₹20,990
- The Sub-Registrar office can tell you the rate here
- Registration fee (1%)
- ₹20,990
- Capped at ₹30,000
- Women buying a home on their own pay 1% less stamp duty.
- Stamp duty rate for Akola Road depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹21 lakh, use the stamp duty calculator for Akola Road 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 ₹2,099 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹21 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.
Akola Road Ready Reckoner rate FAQs
What is Ready Reckoner rate in Akola Road per sq ft?
About ₹2,099 per sq ft (₹22,590 per sq m) for a flat in Akola Road on average. Zone rates run from ₹1,635 to ₹2,248 per sq ft, so use the rate for your own zone.
Which part of Akola Road has the highest Ready Reckoner rate?
Zone 1.11 at ₹24,200 per sq m (about ₹2,248 per sq ft). The lowest is zone 1.24 at ₹17,600 per sq m.
Is stamp duty in Akola Road 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 Akola Road's average flat rate has a Ready Reckoner value of about ₹21 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Akola Road changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Akola Road's average flat rate stays at ₹22,590 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Akola Road 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 Akola Road's average ₹2,099 per sq ft, that is roughly ₹23.1 lakh to ₹25.2 lakh.
What is Ready Reckoner rate for shops in Akola Road?
About ₹4,250 per sq ft (₹45,750 per sq m) on average, around 2 times the flat rate. Offices average ₹24,040 per sq m.
Ready Reckoner rates in other Hingoli taluka areas
Malharwadi
Hingoli · flat ₹1,635/sq ft, 22% lower than Akola Road
Adarsh Colony
Hingoli · flat ₹1,680/sq ft, 20% lower than Akola Road
Risala Bazar
Hingoli · flat ₹2,044/sq ft, similar rate
Ganesh Chowk
Hingoli · flat ₹2,146/sq ft, similar rate
Maharaja Agrasen Chowk
Hingoli · flat ₹1,972/sq ft, 6% lower than Akola Road
Post Office Road
Hingoli · flat ₹2,197/sq ft, similar rate
See all 22 areas on the Hingoli Ready Reckoner rate page, or compare Akola Road with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Hingoli, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in