Average Ready Reckoner rate for a plot in Matheran area
₹278 per sq ft
₹2,990 per sq m
- Range by zone
- ₹163–₹392
- Zones
- 9
- Applicable from
- 1 Apr 2025
Matheran Ready Reckoner rate per sq ft by property type
Open land (plot)
₹278 per sq ft
₹2,990 per sq m
Range by zone ₹163–₹392
Shops
₹3,837 per sq ft
₹41,300 per sq m
Range by zone ₹2,629–₹5,481
Plot (open land) rates in the Matheran locality range from ₹163 to ₹392 per sq ft (₹1,750 to ₹4,220 per sq m), depending on the zone. The highest is zone 1/2-Mouje; the lowest is zone 1/7-Mouje.
Zone wise Ready Reckoner rate in Matheran area
Ready Reckoner for Matheran area has 9 zones. They are described in words, 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 Karjat 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.
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 | Open plot₹/sq m | Shop₹/sq m |
|---|---|---|---|
| 1/1-Mouje | Matheran Kr. 1 Valuation Division 1 (A), market plot | 4,120 | 56,800 |
| 1/1/2-Mouje | Matheran Kr. 1 Valuation Division 1(A), Matheran plot | 4,020 | 56,800 |
| 1/2-Mouje | Matheran Kr. 1 Valuation Division 1 (A), market plot | 4,220 | 59,000 |
| 1/3-Mouje | Matheran Kr. 1 Valuation Division 1 (A), market plot | 2,470 | 35,700 |
| 1/3/2-Mouje | Matheran Kr. 1 Valuation Division 1(A), Matheran plot | 2,470 | 35,700 |
| 1/4-Mouje | Matheran Kr. 1 Valuation Division 1 (B), Matheran plot | 2,060 | 28,600 |
| 1/5-Mouje | Matheran Kr. 1 Valuation Division 1 (C), Matheran plot | 2,990 | 41,300 |
| 1/6-Mouje | Matheran Kr. 1 Valuation Division 3, market plot, Matheran plot | 3,400 | 45,200 |
| 1/7-Mouje | Matheran Kr. 1 Valuation Division 3, Matheran plot | 1,750 | 28,300 |
Stamp duty and registration charges for a plot
In Maharashtra, stamp duty rate depends on whether Matheran 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 m plot at this area's average plot rate.
- Ready Reckoner value
- ₹29.9 lakh
- 1,000 sq m × ₹2,990 per sq m
- Every 1% of stamp duty
- ₹29,900
- The Sub-Registrar office can tell you the rate here
- Registration fee (1%)
- ₹29,900
- Capped at ₹30,000
- Stamp duty rate for Matheran depends on the local body. The Sub-Registrar office can confirm it.
- This uses the open-land rate for a vacant plot. A building on it is valued separately.
If your agreed price is more than ₹29.9 lakh, use the stamp duty calculator for Matheran area to see what you will pay on your actual price.
Matheran Ready Reckoner rate FAQs
What is Ready Reckoner rate in Matheran per sq ft?
About ₹278 per sq ft (₹2,990 per sq m) for a plot in Matheran on average. Zone rates run from ₹163 to ₹392 per sq ft, so use the rate for your own zone.
Which part of Matheran has the highest Ready Reckoner rate?
Zone 1/2-Mouje, “Matheran Kr. 1 Valuation Division 1 (A), market plot”, at ₹4,220 per sq m (about ₹392 per sq ft). The lowest is zone 1/7-Mouje at ₹1,750 per sq m.
Is stamp duty in Matheran charged on Ready Reckoner rate or my agreement price?
On your agreement price, unless Ready Reckoner value is higher. A 1,000 sq m plot at Matheran's average plot rate has a Ready Reckoner value of about ₹29.9 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Matheran changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Matheran's average plot (open land) rate stays at ₹2,990 per sq m. The last change was on 1 April 2025.
Can I register a plot in Matheran below Ready Reckoner rate?
Yes. Stamp duty is still charged on Ready Reckoner value, not your lower price. The Sub-Registrar can also refer the deed to the Collector under section 32A. If Ready Reckoner value is more than 110% of the price, the seller is taxed as if they sold at that value (section 50C, now section 78 of the Income-tax Act, 2025).
Ready Reckoner rates in other Raigad areas
Karjat
Karjat · plot ₹1,022/sq ft, 268% higher than Matheran
Khopoli
Khalapur · plot ₹722/sq ft, 160% higher than Matheran
Mangaon
Mangaon · plot ₹182/sq ft, 34% lower than Matheran
Dhamani
Panvel · plot ₹305/sq ft, 10% higher than Matheran
Mhasla
Mhasala · plot ₹106/sq ft, 62% lower than Matheran
Dundarai
Panvel · plot ₹305/sq ft, 10% higher than Matheran
See all 98 areas on the Raigad Ready Reckoner rate page, or compare Matheran with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Raigad, Karjat, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in