11/05/2026

How to Get Market Value of Property

How to Find Your Property Value Using Ready Reckoner in Maharashtra

When dealing with property transactions in Maharashtra, one of the most important concepts you must understand is the Ready Reckoner Rate (RR Rate). This is the minimum government value below which a property cannot be registered.

Whether you are buying, selling, or calculating stamp duty, knowing your property’s government value is essential.

In this blog, I will guide you step-by-step on how to find your property value online using the official Maharashtra government portal.

What is Ready Reckoner Value?

The Ready Reckoner Rate is the official property valuation fixed by the Maharashtra Government for different areas.

  • It acts as a benchmark for property transactions
  • Stamp duty is calculated based on this value
  • It helps prevent under-valuation and black money transactions
Official Website for Property Valuation

To check your property value, visit the official government portal: 

https://easr.igrmaharashtra.gov.in/

This portal is maintained by the Department of Registration and Stamps, Maharashtra and provides the latest Annual Statement of Rates (ASR).

Step-by-Step Process to Find Property Value

Follow these simple steps:

Step 1: Open the Website

Go to the official portal:
 https://easr.igrmaharashtra.gov.in/

Step 2: Select Location Details

On the homepage, select:

  • District
  • Taluka
  • Village
  • Year (important, as rates change every year)

After selecting these details, proceed further.

Step 3: Choose Search Method

You will get two options:

✅ Option 1: Search by Survey Number
  • Select “Survey No.”
  • Enter your property survey number
    👉 This is the most accurate method
✅ Option 2: Search by Location
  • Select “Location”
  • Choose area/zone/road details
    👉 Use this if you don’t know survey number
Step 4: View Property Value

After entering details:

  • The system will display Ready Reckoner rates
  • It shows value based on:
    • Property type (residential/commercial/agricultural)
    • Area (per sq.m./sq.ft.)
    • Zone classification

👉 This is your government-approved property value

How to Calculate Your Property Value

Once you get the rate:

👉 Property Value = Ready Reckoner Rate × Area of Property

Example:

  • RR Rate = ₹60,000 per sq.m.
  • Area = 50 sq.m.

👉 Value = ₹30,00,000

Important Points to Remember
  • Ready Reckoner value is minimum value, not actual market value
  • Market value may be higher depending on demand
  • Stamp duty is calculated on:
    • RR value OR
    • Agreement value
      👉 whichever is higher
  • Rates are revised annually by the government
Why This is Important

Knowing your property value helps in:

  • Property purchase & sale decisions
  • Stamp duty calculation
  • Legal disputes and valuation matters
  • Income tax and capital gain calculations
Conclusion

Finding your property value in Maharashtra has become very simple with the online Ready Reckoner system. By just selecting your district, taluka, village, and survey number or location, you can instantly know the government value of your property.

This tool is extremely useful for buyers, sellers, advocates, and housing society members to ensure transparency and legal compliance.

Written by - Adv. Jagannath Mane