Maharashtra Maintains Reckoner Rates for FY27

File Photo
File Photo

NEW DELHI: The Maharashtra government has decided to keep the ready reckoner (RR) rates unchanged for the financial year 2026-27.

The Inspector General of Registration and Controller of Stamps announced that the rates, effective from April 1, 2026, will remain at FY26 levels.

Revenue Minister Chandrashekhar Bawankule explained that this decision aims to alleviate any additional financial burden on citizens during property transactions.

Sukhraj Nahar, President of CREDAI-MCHI, stated, “By not increasing RR rates, the government has ensured vital stability in the real estate sector, preserving project viability and avoiding hikes in statutory premiums and related costs linked to Ready Reckoner valuations.”

Stamp duty and registration collections reached ₹60,568.94 crore for FY26 (up to March 30), with the ‘I-Sarita’ digital system generating ₹49,534 crore.

For FY27, the government aims for a revenue target of ₹68,600 crore from stamp duty and registration.

  • Published On Mar 31, 2026 at 10:06 PM IST

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