Overview
- The government, which announced the move Tuesday, kept rates flat for FY 2026–27 with effect from April 1 through the Inspector General of Registration.
- Ready Reckoner rates are the state’s minimum property values used to calculate stamp duty, registration charges, and developer premiums like floor space index fees.
- Revenue Minister Chandrashekhar Bawankule took the decision on Chief Minister Devendra Fadnavis’s instructions, citing the war in West Asia and a slowdown in construction.
- Officials had weighed a 3–10% increase that could raise about ₹3,000 crore, but FY 2025–26 stamp duty and registration receipts still reached ₹60,568.94 crore, about 95% of target.
- Rates remain unchanged while valuation tables get technical updates to reflect new development plans and survey data, and industry bodies such as CREDAI and NAREDCO said the freeze supports affordability and keeps transactions steady.