Average Ready Reckoner rate for a flat in Central Avenue area
₹8,934 per sq ft
₹96,160 per sq m
- Zones
- 3
- In Nagpur
- 2nd highest
- Applicable from
- 1 Apr 2025
Central Avenue Ready Reckoner rate per sq ft by property type
Residential (flat)
₹8,934 per sq ft
₹96,160 per sq m
Same in all 3 zones
Open land (plot)
₹7,377 per sq ft
₹79,400 per sq m
Same in all 3 zones
Office
₹10,273 per sq ft
₹1,10,580 per sq m
Same in all 3 zones
Shops
₹12,291 per sq ft
₹1,32,300 per sq m
Same in all 3 zones
Every zone that lists a flat rate has the same figure, so here the zone matters only for other property types.
Zone wise Ready Reckoner rate in Central Avenue area
Ready Reckoner for Central Avenue area has 3 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 Nagpur Urban 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 |
|---|---|---|---|---|---|
| 1.7/169 | Central Avenue Road from the west boundary of the mauja to Chandrashekhar Azad Chowk, sheet no. 169 | 96,160 | 79,400 | 1,10,580 | 1,32,300 |
| 1.7/172 | Central Avenue Road from the west boundary of the mauja to Chandrashekhar Azad Chowk, sheet no. 172 | 96,160 | 79,400 | 1,10,580 | 1,32,300 |
| 1.7/173 | Central Avenue Road from the west boundary of the mauja to Chandrashekhar Azad Chowk, sheet no. 173 | 96,160 | 79,400 | 1,10,580 | 1,32,300 |
Stamp duty and registration charges for a flat
Inside the Pune, Pimpri-Chinchwad, Thane and Nagpur municipal corporations you pay 7% stamp duty and a 1% registration fee, capped at ₹30,000, on your agreement value or Ready Reckoner value, whichever is higher. Councils and villages have different rates. Here is the minimum for a 1,000 sq ft flat at 7%.
- Ready Reckoner value
- ₹89.3 lakh
- 1,000 sq ft × ₹8,934 per sq ft
- Stamp duty (7%)
- ₹6,25,380
- 5% duty + 1% LBT + 1% metro cess
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Minimum you pay
- ₹6,55,380
- If your price is higher, you pay more
- Women buying a home on their own pay 1% less stamp duty: 6% instead of 7%.
- At ₹50 lakh or more, the buyer also deducts 1% TDS from the payment to the seller.
If your agreed price is more than ₹89.3 lakh, use the stamp duty calculator for Central Avenue 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 ₹8,934 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹89.3 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.
Central Avenue Ready Reckoner rate FAQs
What is Ready Reckoner rate in Central Avenue per sq ft?
₹8,934 per sq ft (₹96,160 per sq m) for a flat. It is the same in every zone that lists it.
Is stamp duty in Central Avenue 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 Central Avenue's average flat rate has a Ready Reckoner value of about ₹89.3 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Central Avenue changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Central Avenue's average flat rate stays at ₹96,160 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Central Avenue 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 Central Avenue's average ₹8,934 per sq ft, that is roughly ₹98.3 lakh to ₹1.07 crore.
What is Ready Reckoner rate for shops in Central Avenue?
About ₹12,291 per sq ft (₹1,32,300 per sq m) on average, around 1.4 times the flat rate. Offices average ₹1,10,580 per sq m.
Do women pay less stamp duty in Central Avenue?
Yes, on homes bought only by women, with no male co-buyer: duty is 1% lower. That saves about ₹89,300 on a ₹89.3 lakh Ready Reckoner value.
Ready Reckoner rates in other Nagpur Urban taluka areas
Ambazari
Nagpur Urban · flat ₹6,191/sq ft, 31% lower than Central Avenue
Somalwada
Nagpur Urban · flat ₹5,444/sq ft, 39% lower than Central Avenue
Sitabuldi
Nagpur Urban · flat ₹7,627/sq ft, 15% lower than Central Avenue
Wardha Road
Nagpur Urban · flat ₹9,290/sq ft, similar rate
Pachpaoli
Nagpur Urban · flat ₹7,285/sq ft, 18% lower than Central Avenue
Old Bhandara Road
Nagpur Urban · flat ₹7,069/sq ft, 21% lower than Central Avenue
See all 160 areas on the Nagpur Ready Reckoner rate page, or compare Central Avenue with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Nagpur, Nagpur Urban, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in