Average Ready Reckoner rate for a flat in Karave area
₹7,130 per sq ft
₹76,750 per sq m
- Range by zone
- ₹5,871–₹8,389
- Zones
- 2
- Applicable from
- 1 Apr 2025
Karave Ready Reckoner rate per sq ft by property type
Residential (flat)
₹7,130 per sq ft
₹76,750 per sq m
Range by zone ₹5,871–₹8,389
Open land (plot)
₹2,764 per sq ft
₹29,750 per sq m
Range by zone ₹2,276–₹3,252
Office
₹8,199 per sq ft
₹88,250 per sq m
Range by zone ₹6,754–₹9,643
Shops
₹9,420 per sq ft
₹1,01,400 per sq m
Range by zone ₹7,757–₹11,083
Industrial
₹8,199 per sq ft
₹88,250 per sq m
Range by zone ₹6,754–₹9,643
Flat rates in the Karave locality range from ₹5,871 to ₹8,389 per sq ft (₹63,200 to ₹90,300 per sq m), depending on the zone. The highest is zone 2/66; the lowest is zone 2/66/1. Shops are rated about 1.3 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Karave area
Ready Reckoner for Karave area has 2 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 Thane 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.
| Zone | Area covered | Flat₹/sq m | Open plot₹/sq m | Office₹/sq m | Shop₹/sq m | Industrial₹/sq m |
|---|---|---|---|---|---|---|
| 2/66 | Karawe(part) non-agricultural for use per sq m survey number | 90,300 | 35,000 | 1,03,800 | 1,19,300 | 1,03,800 |
| 2/66/1 | Regional garden area | 63,200 | 24,500 | 72,700 | 83,500 | 72,700 |
Stamp duty and registration charges for a flat
Inside the Pune, Pimpri-Chinchwad, Thane and Nagpur municipal corporations you pay 7% stamp duty and a 1% registration fee, capped at ₹30,000, on your agreement value or Ready Reckoner value, whichever is higher. Councils and villages have different rates. Here is the minimum for a 1,000 sq ft flat at 7%.
- Ready Reckoner value
- ₹71.3 lakh
- 1,000 sq ft × ₹7,130 per sq ft
- Stamp duty (7%)
- ₹4,99,100
- 5% duty + 1% LBT + 1% metro cess
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Minimum you pay
- ₹5,29,100
- If your price is higher, you pay more
- Women buying a home on their own pay 1% less stamp duty: 6% instead of 7%.
- At ₹50 lakh or more, the buyer also deducts 1% TDS from the payment to the seller.
If your agreed price is more than ₹71.3 lakh, use the stamp duty calculator for Karave 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 ₹7,130 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹71.3 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.
Karave Ready Reckoner rate FAQs
What is Ready Reckoner rate in Karave per sq ft?
About ₹7,130 per sq ft (₹76,750 per sq m) for a flat in Karave on average. Zone rates run from ₹5,871 to ₹8,389 per sq ft, so use the rate for your own zone.
Which part of Karave has the highest Ready Reckoner rate?
Zone 2/66 at ₹90,300 per sq m (about ₹8,389 per sq ft). The lowest is zone 2/66/1 at ₹63,200 per sq m.
Is stamp duty in Karave 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 Karave's average flat rate has a Ready Reckoner value of about ₹71.3 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Karave changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Karave's average flat rate stays at ₹76,750 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Karave 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 Karave's average ₹7,130 per sq ft, that is roughly ₹78.4 lakh to ₹85.6 lakh.
What is Ready Reckoner rate for shops in Karave?
About ₹9,420 per sq ft (₹1,01,400 per sq m) on average, around 1.3 times the flat rate. Offices average ₹88,250 per sq m.
Ready Reckoner rates in other Thane taluka areas
Panchpakhadi
Thane · flat ₹13,620/sq ft, 91% higher than Karave
Chendani
Thane · flat ₹12,477/sq ft, 75% higher than Karave
Shiravane
Thane · flat ₹7,019/sq ft, similar rate
Kashi
Thane · flat ₹7,349/sq ft, similar rate
Mogharpada
Thane · flat ₹6,903/sq ft, similar rate
Parsik
Thane · flat ₹7,869/sq ft, 10% higher than Karave
See all 212 areas on the Thane Ready Reckoner rate page, or compare Karave with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Thane, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in