Ready Reckoners Rates In Thane 2023

Introduction Ready Reckoners Rates

Ready Reckoners Rates In Thane 2023, Thane in Maharashtra is also known as the “Land of Lakes.” Both the city’s burgeoning real estate developments and its recreational attractions are well known. A few of the many reasons for this include lower ready reckoner or circle rates and lower stamp duty expenses. To learn about the most recent ready reckoner rates in Thane, read the article.

 

What Are Thane’s Ready Reckoner Rates

One of the notable cities that is part of the state of Maharashtra is Thane. The Maharashtra government controls the circle rates, or ready reckoner rate, in Thane every year on December 31. Each year, from April 1 through March 31, these rates are in effect. Below the Thane price value, no real estate transaction is permitted.

Before purchasing any property, it is recommended to check the ready reckoner rate. The RERA Act gives homebuyers the opportunity to file a complaint if it is implemented. The seller of the property may face harsh penalties in the event of such an occurrence. Each neighbourhood and kind of property has a unique rate structure.

 

Factors Affecting Ready Reckoner Rates Thane’s

Three categories—Urban, Rural, and Influential Areas—as well as additional subzones are used to categorise RR rates.
The ready reckoner rates in Thane vary by region and are also influenced by other factors. These elements may have an impact on Thane’s ready reckoner rates.

In Thane, the ready reckoner rate is divided into three categories: urban, influence, and rural. Additionally, they are separated into subzones. Greater ready reckoner rates can be seen in urban regions compared to lower ready reckoner rates in rural areas.

Rates vary for various types of real estate. Residential spaces like plots, flats, or apartments are less expensive than commercial spaces like shops and offices.

The ready-to-pay price is highly dependent on amenities. The rates are higher in areas with close amenities like hospitals, schools, grocery stores, swimming pools, gyms, etc.

 

Rates Depending On The Type Of Property, Ready Reckoner

The localities and property types affect the ready reckoner rates differently. For instance, RR rates are higher in affluent neighbourhood than in freshly constructed ones.

Office and commercial structures have higher rates, whereas residential units have lower rates, much like ready-to-pay rates.

Property Type Ready Reckoner Rate in Thane
Land Rs.2,180 – Rs.35,830 per sq. mt.
Residential (Flat+Plot) Rs 32,700 – Rs 83,800 per sq. mt.
Office space Rs.37,300 – Rs.1,05,200 per sq. mt.
Shops Rs.45,000 – Rs.1,47,800 per sq. mt.
Industrial Rs.37,300 – Rs.1,05,200 per sq. mt.

Ready Reckoner Rates For The Residential Sector In Thane 2023

Here is a list of ready reckoner prices for residential homes in the surrounding areas of Thane.

Areas in Thane Residential

(Rate of Building + Land in Rs. per sq. m. Built-up)

Bhiwandi Rs 40600
Murbad Rs 32700
Balkumbh Rs 79900
Ghodbunder Road Rs 98600
Shahpur Rs 36300
Majiwada Rs 124000
Ulhasnagar Rs 42600
Ambernath Rs 46500
Naupada Rs 130900
Kolshet Rs 94600
Kalyan Rs 69100
Thane Rs 83800
Kulgoan Rs 43200
Badlapur Rs 39900
Nizampur City Rs 34700
Dombivali Rs 61000
Mira Bhayndar Rs 74800

Ready Reckoner Prices For Commercial Properties In Thane 2023

The ready reckoner rates for commercial properties in Thane are listed below.

Areas In Thane Office spaces

(Rate of Building + Land in Rs. per sq. mtr. Built-up)

Shop

(Rate of Building + Land in Rs. per sq. mtr. Built-up)

Bhiwandi Rs 47700 Rs 57000
Murbad Rs 37300 Rs 45000
Shahpur Rs 42000 Rs 50000
Ulhasnagar Rs 49500 Rs 78200
Ambernath Rs 51900 Rs 60800
Kalyan Rs 77700 Rs 107800
Thane Rs 105200 Rs 147800
Kulgoan Rs 51400 Rs 65100
Badlapur Rs 44400 Rs 52800
Nizampur City Rs 40200 Rs 52600
Dombivali Rs 71300 Rs 86100
Mira Bhayndar Rs 90200 Rs 117700

 Summary Ready Reckoners Rates In Thane 2023

We advise you to research the ready reckoner rate in Thane before you set out to purchase a house. You’ll get a good notion of what the price of the property should be from it. The website for the Department of Registration and Stamp Duty makes it simple to examine the prices. You can also acquire the list of ready reckoner rates in Thane by going to the sub-registrar’s office.

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Disclaimer: The views of this expressed above are for informational purposes only based on the industry reports & related news stories. Navimumbaihouses.com does not guarantee the accuracy of this article, completeness, or reliability of the information & shall not be held responsible for any action taken based on the published information.
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