Average Ready Reckoner rate for a plot in Mahabaleshwar area
₹2,612 per sq ft
₹28,110 per sq m
- Range by zone
- ₹112–₹6,585
- Zones
- 14
- Applicable from
- 1 Apr 2025
Mahabaleshwar Ready Reckoner rate per sq ft by property type
Open land (plot)
₹2,612 per sq ft
₹28,110 per sq m
Range by zone ₹112–₹6,585
Shops
₹9,203 per sq ft
₹99,055 per sq m
Range by zone ₹6,890–₹11,657
Plot (open land) rates in the Mahabaleshwar locality range from ₹112 to ₹6,585 per sq ft (₹1,210 to ₹70,880 per sq m), depending on the zone. The highest is zone 1.1.1; the lowest is zone 3.
Zone wise Ready Reckoner rate in Mahabaleshwar area
Ready Reckoner for Mahabaleshwar area has 14 zones. They are described by ward or sector numbers and 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 Mahabaleshwar 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 |
|---|---|---|---|
| 1.1.1 | Sector No. 1: properties on Dr. Sabane and Mahatma Gandhi Road, from the S.T. stand to Shivaji Chowk | 70,880 | 1,25,480 |
| 1.2.1 | Sector No. 1, Market Street – from the mosque to Sabane Road | 68,110 | 1,21,520 |
| 1.2.2 | Sector No. 1: from Sabane Road to Mari Road, Chavdi Chowk Police Station | 58,290 | 1,07,490 |
| 1.3.1 | Sector No. 1: properties on Mari Peth Road – from Himalaya Ice Factory to the Municipal Adda | 46,480 | 90,620 |
| 1.3.2 | Sector No. 1, Mosque Road – from the Panchayat Samiti to the Shivaji statue | 44,410 | 87,660 |
| 1.4 | Sector No. 1: properties on Kawalsi Road, from Subhash Chowk up to Janani Mata temple | 37,730 | 74,160 |
| 1.5 | Sector No. 1: from Fish Market to Bik Market – the upright road | 28,110 | — |
| 1.5A | Sector No. 1: from Janani Mata temple to Janu Patil Road (the cross road) | 28,110 | — |
| 1.6 | Remaining area of Sector No. 1 | 18,590 | — |
| 2.1 | Sector No. 2: properties on the Surul–Poladpur state highway | 2,710 | — |
| 2.2 | Sector No. 2: properties on the Medha state highway | 3,020 | — |
| 2.3 | Sector No. 2: remaining area within the city survey boundary | 1,920 | — |
| 2.4 | Sector No. 2: area outside the city survey boundary (mainly the area along Wai Road) | 1,610 | — |
| 3 | No-development area / division | 1,210 | — |
— means the schedule publishes no rate for that zone.
Stamp duty and registration charges for a plot
In Maharashtra, stamp duty rate depends on whether Mahabaleshwar 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
- ₹2.81 crore
- 1,000 sq m × ₹28,110 per sq m
- Every 1% of stamp duty
- ₹2,81,100
- The Sub-Registrar office can tell you the rate here
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Stamp duty rate for Mahabaleshwar 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.
- At ₹50 lakh or more, the buyer also deducts 1% TDS from the payment to the seller.
If your agreed price is more than ₹2.81 crore, use the stamp duty calculator for Mahabaleshwar area to see what you will pay on your actual price.
Mahabaleshwar Ready Reckoner rate FAQs
What is Ready Reckoner rate in Mahabaleshwar per sq ft?
About ₹2,612 per sq ft (₹28,110 per sq m) for a plot in Mahabaleshwar on average. Zone rates run from ₹112 to ₹6,585 per sq ft, so use the rate for your own zone.
Which part of Mahabaleshwar has the highest Ready Reckoner rate?
Zone 1.1.1 at ₹70,880 per sq m (about ₹6,585 per sq ft). The lowest is zone 3 at ₹1,210 per sq m.
Is stamp duty in Mahabaleshwar 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 Mahabaleshwar's average plot rate has a Ready Reckoner value of about ₹2.81 crore. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Mahabaleshwar changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Mahabaleshwar's average plot (open land) rate stays at ₹28,110 per sq m. The last change was on 1 April 2025.
Can I register a plot in Mahabaleshwar 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 Satara areas
Panchgani
Mahabaleshwar · plot ₹835/sq ft, 68% lower than Mahabaleshwar
Shaniwar Peth
Karad · plot ₹853/sq ft, 67% lower than Mahabaleshwar
Bhawani Peth
Satara · plot ₹1,764/sq ft, 32% lower than Mahabaleshwar
Sadashiv Peth
Satara · plot ₹1,460/sq ft, 44% lower than Mahabaleshwar
Pantacha Got
Satara · plot ₹1,211/sq ft, 54% lower than Mahabaleshwar
Guruwar Peth, Karad
Karad · plot ₹1,138/sq ft, 56% lower than Mahabaleshwar
See all 57 areas on the Satara Ready Reckoner rate page, or compare Mahabaleshwar with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Satara, Mahabaleshwar, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in