Maharashtra's Ready Reckoner Rates To Increase By 5% From April 1

Mumbai: Maharashtra’s Ready Reckoner (RR) rates for 2025-26 will increase by 5% from April 1.

Initially, the state considered inviting public suggestions and objections on a proposed hike of 5-7%, but the plan was dropped to avoid delays in implementation. RR rates determine the government’s valuation of properties, serving as the base price for stamp duty calculations during property registration.

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The state has not revised RR rates for over 3 years. The government is eyeing higher revenue from stamp duty and registration fees, which are expected to exceed ₹60,000 crore in the current financial year . The 5% hike is expected to push up property prices, adding to the financial burden on buyers.

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