Maharashtra Implements 3.89% Average Hike in Ready Reckoner Rates for FY 2025-26
The first adjustment in two years brings regional disparities, with Solapur seeing the highest increase at 10.17% and Mumbai among the lowest at 3.39%.
- The revised rates, effective April 1, 2025, aim to boost state revenue, with an estimated ₹10,000 crore expected from stamp duty and registration fees.
- Municipal corporation areas outside Mumbai face an average hike of 5.95%, while rural regions see a 3.36% increase.
- Real estate developers express concerns over rising construction costs and potential strain on the affordable housing segment.
- The hike has triggered a decline in real estate stocks, with the Nifty Realty index dropping 3.6% on April 1, 2025.
- The government cites property transaction data as the basis for the hike, aimed at preventing undervaluation and tax evasion.
Free Press Journal 
Hindustan Times 
