In a significant relief to the real estate sector and homebuyers, the Maharashtra government has decided to keep the Ready Reckoner (RR) rates unchanged for the financial year 2026–27. The revised rates, effective from April 1, 2026, will remain the same as the previous year (2025–26). The decision was taken under the guidance of Chief Minister Devendra Fadnavis, with Revenue Minister Chandrashekhar Bawankule confirming that no increase will be implemented this year.
Over the past few years, RR rates had witnessed periodic revisions, including an average hike of 5.86% in 2017–18, a modest increase of 1.74% during the COVID-19 period in 2020–21, and a 4.81% rise in 2022–23, which continued for two years. In 2025–26, rates were increased across categories—3.36% in rural areas, 4.97% in municipal areas, and 5.95% in municipal corporation regions. However, for 2026–27, the government has opted to maintain status quo across the state, easing the financial burden on property buyers.
Despite keeping RR rates stable, the state has recorded robust revenue from stamp duty and registration. As of March 30, 2026, total revenue collections stood at ₹60,568.94 crore. A major contribution came from the I-Sarita system, accounting for ₹49,534 crore, followed by Adjudication 2.0 (₹4,429.70 crore), e-filing (₹1,238.26 crore), and online leave and license services (₹316.69 crore), with other sources contributing ₹5,050.05 crore.
The government has also introduced several technical improvements to enhance transparency and efficiency in property registration. These include alignment with development plans (DP), inclusion of new survey numbers, and corrections in village records. The decision to hold RR rates steady comes in response to requests from industry bodies like CREDAI, amid global economic uncertainties and slowdown in the construction sector, aiming to boost growth and maintain market stability.
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