Average Ready Reckoner rate for a flat in Margashirsha Sector area
₹2,861 per sq ft
₹30,800 per sq m
- Range by zone
- ₹2,669–₹3,056
- Zones
- 9
- Applicable from
- 1 Apr 2025
Margashirsha Sector Ready Reckoner rate per sq ft by property type
Residential (flat)
₹2,861 per sq ft
₹30,800 per sq m
Range by zone ₹2,669–₹3,056
Open land (plot)
₹585 per sq ft
₹6,300 per sq m
Range by zone ₹495–₹741
Office
₹3,256 per sq ft
₹35,050 per sq m
Range by zone ₹3,040–₹3,513
Shops
₹3,577 per sq ft
₹38,500 per sq m
Range by zone ₹3,336–₹3,818
Flat rates in the Margashirsha Sector locality range from ₹2,669 to ₹3,056 per sq ft (₹28,730 to ₹32,890 per sq m), depending on the zone. The highest is zone 1.45.1; the lowest is zone 1.45.9.
Zone wise Ready Reckoner rate in Margashirsha Sector area
Ready Reckoner for Margashirsha Sector area has 9 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 Nashik 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 |
|---|---|---|---|---|---|
| 1.45.1 | Mahamargalagatacya on the road properties. | 32,890 | 7,980 | 37,810 | 41,100 |
| 1.45.2 | To the highway parallel from Morwadi Shivaji towards the Chowk leading Road (in front of 1.48.1) | 31,350 | 6,720 | 35,600 | 39,180 |
| 1.45.3 | Road leading from the highway, adjacent to the Ambad police station and Central Park | 31,350 | 6,720 | 35,600 | 39,180 |
| 1.45.4 | From the Ambad police station, road joining Central Park, the Nashik Municipal Corporation office and the fire station to the highway | 31,350 | 6,720 | 35,600 | 39,180 |
| 1.45.5 | Road from Central Park joining the highway (road connecting 1.45.3 to 1.45.1) | 30,000 | 6,000 | 34,500 | 37,500 |
| 1.45.6 | 15.0 m wide road parallel to zone no. 1.45.3, behind Central Park (road connecting 1.45.4 to 1.45.2) | 30,520 | 6,100 | 34,780 | 38,140 |
| 1.45.7 | Road coming towards the fire station, parallel to the highway (connecting 1.45.3) (road connecting 1.45.3 to 1.45.5 to 1.45.4) | 30,800 | 6,300 | 35,050 | 38,500 |
| 1.45.8 | Road leading from the Income Tax residential properties towards Phalgun Sector (road connecting 1.46.1 to 1.46.3) | 30,800 | 6,160 | 35,050 | 38,500 |
| 1.45.9 | Internal properties | 28,730 | 5,330 | 32,720 | 35,910 |
Stamp duty and registration charges for a flat
In Maharashtra, stamp duty rate depends on whether Margashirsha Sector 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
- ₹28.6 lakh
- 1,000 sq ft × ₹2,861 per sq ft
- Every 1% of stamp duty
- ₹28,610
- The Sub-Registrar office can tell you the rate here
- Registration fee (1%)
- ₹28,610
- Capped at ₹30,000
- Women buying a home on their own pay 1% less stamp duty.
- Stamp duty rate for Margashirsha Sector depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹28.6 lakh, use the stamp duty calculator for Margashirsha Sector 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 ₹2,861 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹28.6 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.
Margashirsha Sector Ready Reckoner rate FAQs
What is Ready Reckoner rate in Margashirsha Sector per sq ft?
About ₹2,861 per sq ft (₹30,800 per sq m) for a flat in Margashirsha Sector on average. Zone rates run from ₹2,669 to ₹3,056 per sq ft, so use the rate for your own zone.
Which part of Margashirsha Sector has the highest Ready Reckoner rate?
Zone 1.45.1, “Mahamargalagatacya on the road properties”, at ₹32,890 per sq m (about ₹3,056 per sq ft). The lowest is zone 1.45.9 at ₹28,730 per sq m.
Is stamp duty in Margashirsha Sector 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 Margashirsha Sector's average flat rate has a Ready Reckoner value of about ₹28.6 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Margashirsha Sector changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Margashirsha Sector's average flat rate stays at ₹30,800 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Margashirsha Sector 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 Margashirsha Sector's average ₹2,861 per sq ft, that is roughly ₹31.5 lakh to ₹34.3 lakh.
What is Ready Reckoner rate for shops in Margashirsha Sector?
About ₹3,577 per sq ft (₹38,500 per sq m) on average, around 1.3 times the flat rate. Offices average ₹35,050 per sq m.
Ready Reckoner rates in other Nashik taluka areas
Makhmalabad
Nashik · flat ₹3,100/sq ft, 8% higher than Margashirsha Sector
Nashik TP Scheme 2
Nashik · flat ₹5,463/sq ft, 91% higher than Margashirsha Sector
Paush Sector
Nashik · flat ₹2,843/sq ft, about the same
Vaishakh Sector
Nashik · flat ₹2,874/sq ft, about the same
Phalgun Sector
Nashik · flat ₹2,835/sq ft, about the same
Ashwin Sector
Nashik · flat ₹2,878/sq ft, about the same
See all 108 areas on the Nashik Ready Reckoner rate page, or compare Margashirsha Sector with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Nashik, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in