Ready Reckoner Rate Pune Calculator

Calculate the government-defined market value, stamp duty, and registration charges for properties in Pune Municipal Corporation (PMC) and PCMC areas.

Male Owner (7%) Female Owner (6%) Joint Owner (7%)

Valuation Summary

Market Value (AGV): ₹ 0

Stamp Duty: ₹ 0

Registration Fee: ₹ 0

Metro Cess (1%): ₹ 0

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Total Payable: ₹ 0

function calculateRR() { var area = parseFloat(document.getElementById('propArea').value); var rate = parseFloat(document.getElementById('rrRate').value); var floorPercent = parseFloat(document.getElementById('floorRise').value) || 0; var ownerType = document.getElementById('propType').value; if (isNaN(area) || isNaN(rate) || area <= 0 || rate 30000) { regFee = 30000; } var totalPayable = stampDutyTotal + regFee; // Format Output document.getElementById('resMarketValue').innerText = "₹ " + adjustedMarketValue.toLocaleString('en-IN'); document.getElementById('resStampDuty').innerText = "₹ " + (stampDutyTotal – metroCess).toLocaleString('en-IN'); document.getElementById('resMetroCess').innerText = "₹ " + metroCess.toLocaleString('en-IN'); document.getElementById('resRegFee').innerText = "₹ " + regFee.toLocaleString('en-IN'); document.getElementById('resTotal').innerText = "₹ " + Math.round(totalPayable).toLocaleString('en-IN'); }

What is Ready Reckoner Rate in Pune?

The Ready Reckoner (RR) rate, also known as the Annual Statement of Rates (ASR), is the minimum valuation of real estate fixed by the State Government of Maharashtra. In Pune, these rates are determined by the Inspector General of Registration and Controller of Stamps (IGR Maharashtra).

It is legally mandatory to register a property at the RR rate or the actual transaction value, whichever is higher. If you purchase a property below the RR rate, you must still pay stamp duty based on the government's valuation.

How Pune's Market Value is Calculated

The final valuation for registration in Pune depends on several localized factors:

• Built-up Area: The calculation is typically based on the built-up area (usually 1.2 times the carpet area if not specified).
• Property Type: Rates differ for residential apartments, independent bungalows, shops, and industrial plots.
• Floor Rise: In Pune high-rises, the RR rate increases by a specific percentage (usually 0.5% to 1.5%) for floors above the 4th floor.
• Amenities: Premium amenities like swimming pools, clubhouses, or private terraces can attract a 2-5% increase in the RR valuation.
• Depreciation: For older properties, the government allows a depreciation deduction based on the age of the building.

Stamp Duty and Registration Fees in Pune 2024

In the Pune Municipal Corporation (PMC) and Pimpri-Chinchwad Municipal Corporation (PCMC) limits, the current charges are as follows:

Category	Stamp Duty + Cess	Registration Fee
Male / Joint Owners	7% (5% SD + 1% Metro + 1% LBT)	1% (Max ₹30,000)
Female Owners	6% (4% SD + 1% Metro + 1% LBT)	1% (Max ₹30,000)

Step-by-Step Example Calculation

Suppose you are buying a flat in Baner, Pune with the following details:

• Area: 100 Sq. Meters
• RR Rate for Zone: ₹60,000 per Sq. Meter
• Floor Rise: 0% (Ground Floor)
• Market Value: 100 * 60,000 = ₹60,00,000 (60 Lakhs)
• Stamp Duty (7%): ₹4,20,000
• Registration Fee: ₹30,000 (Capped)
• Total Expense: ₹4,50,000 + Property Price

Why check the RR Rate?

Checking the Ready Reckoner rate before signing a Sale Agreement is crucial for financial planning. It helps you estimate the "hidden costs" of property acquisition. If the RR rate in your area of Pune (like Kothrud, Wakad, or Hadapsar) increases, your tax liability increases even if the builder's price remains the same.

Disclaimer: This calculator provides estimates based on standard Maharashtra government norms. For exact figures, please consult a legal professional or refer to the official IGR Maharashtra portal.