Average Ready Reckoner rate for a flat in Mowad area
₹2,179 per sq ft
₹23,450 per sq m
- Range by zone
- ₹2,127–₹2,200
- Zones
- 35
- Applicable from
- 1 Apr 2025
Mowad Ready Reckoner rate per sq ft by property type
Residential (flat)
₹2,179 per sq ft
₹23,450 per sq m
Range by zone ₹2,127–₹2,200
Open land (plot)
₹69 per sq ft
₹740 per sq m
Range by zone ₹4–₹118
Office
₹2,381 per sq ft
₹25,630 per sq m
Range by zone ₹2,330–₹2,402
Shops
₹2,585 per sq ft
₹27,830 per sq m
Range by zone ₹2,534–₹2,606
Flat rates in the Mowad locality range from ₹2,127 to ₹2,200 per sq ft (₹22,890 to ₹23,680 per sq m), depending on the zone. The highest is zone 1.1; the lowest is zone 1.7.
Zone wise Ready Reckoner rate in Mowad area
Ready Reckoner for Mowad area has 35 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 Narkhed 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 |
|---|---|---|---|---|---|
| 1.1 | Bus stop to octroi post | 23,680 | 1,270 | 25,850 | 28,050 |
| 1.1-Mowada | Jalalakheda Road - Basastopa to Octroi Naka | 23,680 | 1,270 | 25,850 | 28,050 |
| 1.2 | Octroi post to municipal council limit | 23,340 | 900 | 25,520 | 27,720 |
| 1.2-Mowada | Jalalakheda Road - Octroi Naka to Municipal Council limit | 23,340 | 900 | 25,520 | 27,720 |
| 1.3 | Narakheda State Road - Basastopa to Jakatanaka - plot | 23,680 | 1,270 | 25,850 | 28,050 |
| 1.4 | Nrkhed rajy roadaandreel land | 23,450 | 1,020 | 25,630 | 27,830 |
| 1.4-Mowada | Narakheda State Margawarila lands | 23,450 | 1,020 | 25,630 | 27,830 |
| 1.5 | Octroi post to municipal council limit | 23,450 | 960 | 25,630 | 27,830 |
| 1.5-Mowada | Narakheda State road - Octroi Naka to Municipal Council limit | 23,450 | 960 | 25,630 | 27,830 |
| 1.6 | Bsstop te n.p.limiteepryt na.Development zoneateel land | 23,230 | 740 | 25,410 | 27,610 |
| 1.6-Mowada | Pandhurna Road - Basastopa to Municipal Council Haddiparyata no. development in the area lands | 23,230 | 740 | 25,410 | 27,610 |
| 1.7 | Land in the non-development zone | 22,890 | 400 | 25,080 | 27,280 |
| 1.7-Mowada | Waruda Road - lands in the no-development area | 22,890 | 400 | 25,080 | 27,280 |
| 1.8 | Basastopace southern - Basastopa to Shopinga Sentara to Jangadanba Girls Hoyaskulaparyaca east - west Roadwarila plot | 23,680 | 1,270 | 25,850 | 28,050 |
| 1.9 | Municipal Council office to Wyapari Sankula to S.No. 940 up to north-south on the road plot | 23,680 | 1,200 | 25,850 | 28,050 |
| 1.10(A) | Other plot - 1)south of Narakheda Road/of Jalalkheda Roadeastern N.P.officeto S.No. 940inthis Abhinyasacapart | — | 1,010 | — | — |
| 1.10(B) | Other plot - 2)from Shopping Center to Jagadanba Hoyaskoolacenorthern part(Narakheda up to the road) | — | 900 | — | — |
| 1.10(C) | Other plot - 3)from Shopping Center to S.No. 940and to Jangadanba High School S.No. 953in this layout plots | — | 900 | — | — |
| 1.10(K) | 3) Plots in the layout from the Shopping Centre to survey no. 940 and from Jagdamba High School to survey no. 953 | — | 900 | — | — |
| 1.11 | Jalalakheda Margace western part | 23,450 | 1,030 | 25,630 | 27,830 |
| 1.12 | Narakheda of the Road northern part plots in the inner part | 23,330 | 870 | 25,520 | 27,720 |
| 1.13 | Indira Nagar Jhopada Patti | 23,230 | 700 | 25,410 | 27,610 |
| 1.14 | Old village settlement | 23,000 | 510 | 25,080 | 27,280 |
| 1.15 | Land in the development zone | — | 76 | — | — |
| 1.15A | Old Gawathanalagatacya no- development in the area lands above plot | — | 340 | — | — |
| 1.16 | Land in the development zone | — | 76 | — | — |
| 1.16A | Narakheda of the Road in the north towards part no- development in the area lands above plot | — | 340 | — | — |
| 1.17 | Land in the development zone | — | 61 | — | — |
| 1.17A | Narakheda of the Road southern lands - Belona Rastyaparyata no- development in the area lands above plot | — | 340 | — | — |
| 1.18 | Land in the development zone | — | 57 | — | — |
| 1.18A | Narakheda of the Road southern part - Belona Road and Kharasoli Road in this lands no- development in the area lands above plot | — | 320 | — | — |
| 1.19 | Khrsolee road and n.p.of dkshin limit yain land | — | 54 | — | — |
| 1.19A | Kharasoli Road and Municipal Council of south limit in this lands above plot | — | 250 | — | — |
| 1.20 | Pandhurna road and n.p.of pshchim limit n.p.of uttr limit and dkshin limit yain land (junya Village settlement (village settlement)ash ) | — | 48 | — | — |
| 1.20A | Pandhurna Road and Municipal Council of west limit Municipal Council of north limit and south limit in this lands above plot (old Gawathanasaha) | — | 230 | — | — |
— means the schedule publishes no rate for that zone.
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
- ₹21.8 lakh
- 1,000 sq ft × ₹2,179 per sq ft
- Stamp duty (7%)
- ₹1,52,530
- 5% duty + 1% LBT + 1% metro cess
- Registration fee (1%)
- ₹21,790
- Capped at ₹30,000
- Minimum you pay
- ₹1,74,320
- If your price is higher, you pay more
- Women buying a home on their own pay 1% less stamp duty: 6% instead of 7%.
If your agreed price is more than ₹21.8 lakh, use the stamp duty calculator for Mowad 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 ₹2,179 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹21.8 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.
Mowad Ready Reckoner rate FAQs
What is Ready Reckoner rate in Mowad per sq ft?
About ₹2,179 per sq ft (₹23,450 per sq m) for a flat in Mowad on average. Zone rates run from ₹2,127 to ₹2,200 per sq ft, so use the rate for your own zone.
Which part of Mowad has the highest Ready Reckoner rate?
Zone 1.1 at ₹23,680 per sq m (about ₹2,200 per sq ft). The lowest is zone 1.7 at ₹22,890 per sq m.
Is stamp duty in Mowad 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 Mowad's average flat rate has a Ready Reckoner value of about ₹21.8 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Mowad changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Mowad's average flat rate stays at ₹23,450 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Mowad 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 Mowad's average ₹2,179 per sq ft, that is roughly ₹24 lakh to ₹26.1 lakh.
Do women pay less stamp duty in Mowad?
Yes, on homes bought only by women, with no male co-buyer: duty is 1% lower. That saves about ₹21,800 on a ₹21.8 lakh Ready Reckoner value.
Ready Reckoner rates in other Nagpur areas
Narkhed
Narkhed · flat ₹2,210/sq ft, similar rate
Shivangaon
Nagpur Rural · flat ₹2,220/sq ft, similar rate
Mohpa
Kalameshwar · flat ₹2,177/sq ft, about the same
Saoner
Saoner · flat ₹2,196/sq ft, about the same
Lava
Nagpur Rural · flat ₹2,168/sq ft, about the same
Nildoh
Hingna · flat ₹2,196/sq ft, about the same
See all 160 areas on the Nagpur Ready Reckoner rate page, or compare Mowad with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Nagpur, Narkhed, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in