Maharashtra Ready Reckoner

Stamp Duty Ready Reckoner Maharashtra

The Maharashtra Department of Ready Reckoner, Registration, and Stamps section on Ghar.tv has details of locations including Mumbai, Thane, Palghar, Raigad, Pune, Sindhudurg, Ratnagiri, Navi Mumbai (NMMC), and Ahmednagar in the state of Maharashtra.

The IGR Maharashtra ready reckoner is the ideal tool for finding and comparing ready reckoner property prices in any area in Maharashtra.

Browse all property information in Maharashtra

You will be able to comprehend the key words utilized in the calculation of real estate and property rates, such as RERA carpet, carpet, built-up, CTS numbers, Villages, Districts, Property Card, 7/12 extract (Utara), haveli, etc. Moreover, you may comprehend how to compute the Capital Value of a Property for municipal assessment of tax or calculate the market value of any given property to pay the appropriate stamp duty and registration fee using the information on e-ready reckoner on Ghar.tv

The Maharashtra ready reckoner online area of Ghar.tv will assist you in determining the e-ASR rates IGR, as well as the ASR Rates Maharashtra. The stamp duty ready reckoner Maharashtra area of Ghar.tv is the ideal location to see the ready reckoner rates for residential, commercial, retail, and industrial properties in the State of Maharashtra.

Registration Departments:

The registration department divides the state of Maharashtra's 36 districts into eight divisions, including the following:

Amravati, Aurangabad, Latur, Mumbai, Nagpur, Nashik, Pune, and Thane � these come under the jurisdiction of the Deputy Inspector General of Registration. Inspector General of Registration and Controller of Stamps is in charge of the Registration and Stamps Department of Maharashtra. The agency periodically rationalizes stamp duty rates, conceptualizes Market Value, and implements an annual statement of rates (ASR or ready reckoner values). The Registration and Stamps Department is second in terms of revenue collection, after the Sales Tax Department.

SARITA

In 2002, the automated document registration system SARITA was implemented. For efficient registration, "i-SARITA," a centralized web-based online registration system, was developed in 2012. The department has also implemented online services such as e-Payment, e-Search, and e-ASR, among others.

The department has also implemented 'e-Registration,' an online registration method to expedite registration of the initial sale of apartments in big housing complexes as well as of leave and licence agreements, without the need to visit the Sub-Registrar's office.

Since 2014, the Department has implemented the integrated project "Sarathi" for publicity, promotion, and dissemination of information so that citizens have easy access to the necessary information regarding the services to be provided by the Department, and citizens have benefited greatly from the helpline.

From 2015, registration (i-SARITA) and Land Records department software have been integrated. It facilitates the transformation of records inside the L R department. In 2021, the same feature was also added to the property card.

As part of the "Cashless India Program", e-Payment of DHC (document handling costs) has been implemented since 2019.

Ready Reckoner Maharashtra IGR & Maharashtra IGR Rates

The Ready Reckoner Rate is a minimal property transaction rate published by the government via the sub-registrar office. In certain regions, Ready Reckoner Rate is also referred to as Circle Rate. In Maharashtra, it is almost impossible to sell a home below the ready reckoner rate. The Maharashtra ready reckoner rates help people in estimating their property's minimum value.

People in Maharashtra are required to register their properties at these rates, regardless of the property's actual market value. Calculation of stamp duty and registration costs is based on the property's ready reckoner rates. The buyer must pay extra stamp duty and registration costs to finalise the acquisition if the property's market value is less than its ready reckoner rate. The agents may file a complaint with RERA Maharashtra over transactions made below the property's ready reckoner price. The Maharashtra Ready Reckoner Rates contribute to the regulation of speculative pricing.

Benefits of the Ready Reckoner Maharashtra IGR

Ready Reckoner Maharashtra IGR supports people in establishing the accurate property value. The government of Maharashtra decides these fees based on a variety of factors, including the property's acreage, size, and location, among others. The Maharashtra State Government's online government portal provides ready reckoner pricing for all cities.

Ready Reckoner Maharashtra IGR helps the state government collect revenue from stamp duty and other registration fees. The Maharashtra state government establishes the ready reckoner pricing for a variety of property kinds, including flats, buildings, apartments, commercial, industrial, shops, and plots.

Registration Fees: The Ready Reckoner Rate List for Maharashtra in the Ready Reckoner Maharashtra IGR contains registration fees for properties. The buyers must pay these costs to register their newly bought property in their names. The Ready Reckoner Maharashtra IGR section of Ghar.tv also facilitates the calculation of stamp duty and registration fees in Maharashtra using ready reckoner rates.