Average Ready Reckoner rate for a flat in Nimani area
₹4,905 per sq ft
₹52,800 per sq m
- Zones
- 1
- In Nashik
- 4th highest
- Applicable from
- 1 Apr 2025
Nimani Ready Reckoner rate per sq ft by property type
Residential (flat)
₹4,905 per sq ft
₹52,800 per sq m
1 zone
Open land (plot)
₹3,252 per sq ft
₹35,000 per sq m
1 zone
Office
₹5,692 per sq ft
₹61,270 per sq m
1 zone
Shops
₹7,010 per sq ft
₹75,460 per sq m
1 zone
Ready Reckoner rate in Nimani: one zone
Nimani has one zone in the schedule, so one set of rates applies.
Want to confirm the rate? The Nashik Sub-Registrar office can confirm the rate 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.
| Zone | Area covered | Flat₹/sq m | Open plot₹/sq m | Office₹/sq m | Shop₹/sq m |
|---|---|---|---|---|---|
| 1.3.45 | 18 m wide East-West road from Gharpure Ghat bridge, from Dindori Naka via Nimani, meeting old Adgaon Naka - properties in the residential and allied-use division | 52,800 | 35,000 | 61,270 | 75,460 |
Stamp duty and registration charges for a flat
In Maharashtra, stamp duty rate depends on whether Nimani 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 flat rate.
- Ready Reckoner value
- ₹49.1 lakh
- 1,000 sq ft × ₹4,905 per sq ft
- Every 1% of stamp duty
- ₹49,050
- 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 Nimani depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹49.1 lakh, use the stamp duty calculator for Nimani 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 ₹4,905 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹49.1 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.
Nimani Ready Reckoner rate FAQs
What is Ready Reckoner rate in Nimani per sq ft?
₹4,905 per sq ft (₹52,800 per sq m) for a flat. Nimani has one zone, so this rate applies across it.
Does one Ready Reckoner rate cover all of Nimani?
Yes. The schedule lists a single zone for Nimani, zone 1.3.45. If your property isn't in it, the Nashik Sub-Registrar office can tell you which entry applies.
Is stamp duty in Nimani 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 Nimani's flat rate has a Ready Reckoner value of about ₹49.1 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Nimani changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Nimani's flat rate stays at ₹52,800 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Nimani 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 Nimani's average ₹4,905 per sq ft, that is roughly ₹54 lakh to ₹58.9 lakh.
What is Ready Reckoner rate for shops in Nimani?
About ₹7,010 per sq ft (₹75,460 per sq m) on average, around 1.4 times the flat rate. Offices average ₹61,270 per sq m.
Ready Reckoner rates in other Nashik taluka areas
Makhmalabad
Nashik · flat ₹3,100/sq ft, 37% lower than Nimani
Pathardi
Nashik · flat ₹3,030/sq ft, 38% lower than Nimani
Panchavati
Nashik · flat ₹4,732/sq ft, similar rate
Nashik TP Scheme 1
Nashik · flat ₹5,314/sq ft, 8% higher than Nimani
Dindori Road
Nashik · flat ₹4,292/sq ft, 13% lower than Nimani
Nashik TP Scheme 2
Nashik · flat ₹5,463/sq ft, 11% higher than Nimani
See all 108 areas on the Nashik Ready Reckoner rate page, or compare Nimani 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