Average Ready Reckoner rate for a flat in Malvan area
₹2,847 per sq ft
₹30,650 per sq m
- Range by zone
- ₹2,295–₹3,948
- Zones
- 12
- Applicable from
- 1 Apr 2025
Malvan Ready Reckoner rate per sq ft by property type
Residential (flat)
₹2,847 per sq ft
₹30,650 per sq m
Range by zone ₹2,295–₹3,948
Open land (plot)
₹278 per sq ft
₹2,995 per sq m
Range by zone ₹39–₹519
Office
₹3,270 per sq ft
₹35,200 per sq m
Range by zone ₹2,741–₹4,534
Shops
₹3,567 per sq ft
₹38,400 per sq m
Range by zone ₹3,279–₹4,980
Industrial
₹3,270 per sq ft
₹35,200 per sq m
Range by zone ₹2,741–₹4,534
Flat rates in the Malvan locality range from ₹2,295 to ₹3,948 per sq ft (₹24,700 to ₹42,500 per sq m), depending on the zone. The highest is zone 1/5; the lowest is zone 1/8.
Zone wise Ready Reckoner rate in Malvan area
Ready Reckoner for Malvan area has 12 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 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 Malvan 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 | Industrial₹/sq m |
|---|---|---|---|---|---|---|
| 1/1 | A) Properties adjoining the Malvan-Kasal Road, from the Municipal eastern limit westwards up to the petrol pump, with frontage on both sides of the road. | 25,300 | 3,040 | 30,400 | 35,600 | 30,400 |
| 1/2 | B) Properties in the part adjoining the Malvan-Kasal Road, from the petrol pump westwards up to the S.T. Stand, with frontage on both sides of the road. | 25,200 | 2,950 | 30,400 | 35,600 | 30,400 |
| 1/3 | C) Properties in the part of the Main Road from the S.T. Stand westwards up to the State Bank, with frontage on both sides of the road | 39,700 | 5,250 | 45,700 | 53,600 | 45,700 |
| 1/4 | D) All properties on the seacoast: to the north the sea; beside the Tahsil Office, the Malvan-Kasal State Road on the east from Bharad Naka to the Tahsil Office; to the south the Main Road; and to the west from the Customs Office up to the Tahsil Office | 40,800 | 4,710 | 46,900 | 53,600 | 46,900 |
| 1/5 | E) Properties in Municipal wards Nos. 3, 4, 5, 6, 7, 8: the part bounded by the sea coast to the north, the creek to the east, and the Malvan-Kasal State Road to the south and west | 42,500 | 5,590 | 48,800 | 53,600 | 48,800 |
| 1/6 | F) Properties in Municipal wards Nos. 17, 18, 19: to the north the Main Road from Bharad Naka to the State Bank; to the east the road from Bharad Naka southwards (towards Wayari); to the west and south the port and the coast | 29,900 | 3,740 | 34,300 | 37,600 | 34,300 |
| 1/7 | G) Properties in wards Nos. 11, 12, 13, 14, 15: properties in the part between the Municipal eastern and southern limits to the east and south, the Malvan-Kasal Road to the north, and the road from Bharad Naka southwards to the west | 31,400 | 3,170 | 36,100 | 39,200 | 36,100 |
| 1/7/1 | Non-development zone, inside from the road (interior part) | — | 526 | — | — | — |
| 1/7/1/A | No-development division, inside from the road (in the interior area) | — | 880 | — | — | — |
| 1/8 | H) Properties in the whole of ward No.9 between the Municipal limit to the east and north, the Malvan-Kasal Road to the south, and the eastern limit of ward No.8 to the west | 24,700 | 2,840 | 29,500 | 35,300 | 29,500 |
| 1/8/1 | Non-development zone, inside from the road (interior part) | — | 419 | — | — | — |
| 1/8/1/A | No-development division, inside from the road (in the interior area) | — | 700 | — | — | — |
— means the schedule publishes no rate for that zone.
Stamp duty and registration charges for a flat
In Maharashtra, stamp duty rate depends on whether Malvan 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
- ₹28.5 lakh
- 1,000 sq ft × ₹2,847 per sq ft
- Every 1% of stamp duty
- ₹28,470
- The Sub-Registrar office can tell you the rate here
- Registration fee (1%)
- ₹28,470
- Capped at ₹30,000
- Women buying a home on their own pay 1% less stamp duty.
- Stamp duty rate for Malvan depends on the local body. The Sub-Registrar office can confirm it.
If your agreed price is more than ₹28.5 lakh, use the stamp duty calculator for Malvan 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 ₹2,847 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹28.5 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.
Malvan Ready Reckoner rate FAQs
What is Ready Reckoner rate in Malvan per sq ft?
About ₹2,847 per sq ft (₹30,650 per sq m) for a flat in Malvan on average. Zone rates run from ₹2,295 to ₹3,948 per sq ft, so use the rate for your own zone.
Which part of Malvan has the highest Ready Reckoner rate?
Zone 1/5 at ₹42,500 per sq m (about ₹3,948 per sq ft). The lowest is zone 1/8 at ₹24,700 per sq m.
Is stamp duty in Malvan 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 Malvan's average flat rate has a Ready Reckoner value of about ₹28.5 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Malvan changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Malvan's average flat rate stays at ₹30,650 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Malvan 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 Malvan's average ₹2,847 per sq ft, that is roughly ₹31.3 lakh to ₹34.2 lakh.
What is Ready Reckoner rate for shops in Malvan?
About ₹3,567 per sq ft (₹38,400 per sq m) on average, around 1.3 times the flat rate. Offices average ₹35,200 per sq m.
Ready Reckoner rates in other Sindhudurg areas
Vengurla
Vengurla · flat ₹2,499/sq ft, 12% lower than Malvan
Devgad
Devgad · flat ₹1,802/sq ft, 37% lower than Malvan
Kankavli
Kankavli · flat ₹2,680/sq ft, 6% lower than Malvan
Sawantwadi
Sawantwadi · flat ₹2,871/sq ft, about the same
Kavilkate
Kudal · flat ₹2,546/sq ft, 11% lower than Malvan
Sagirde
Kudal · flat ₹2,899/sq ft, similar rate
See all 10 areas on the Sindhudurg Ready Reckoner rate page, or compare Malvan with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Sindhudurg, Malvan, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in