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All citiesMaharashtra · Tier 2 · 8 micro-markets · reckoner: IGR Maharashtra — Annual Statement of Rates (Ready Reckoner)

Nagpur rates, per sq ft carpet.

city avg 12-month change ▲ 6.5%· market runs +25.6% over reckoner
pop. 3.2 mn (2026e, 2.5 mn in 2011) · rented 27% / owned 73%
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3.6k

Pin = market rate, ₹/sq ft carpet. Click a pin to load it into the land-cost calculator.

Micro-marketMarket ₹/sq ftReckonerPremiumRent ₹/sq ft/moYield · typical
Civil Lines – Dharampeth
Central business district
₹9,180₹6,480+41.7% (+2.5% vs city line)₹18.42.41%
2 BHK ₹17,500/mo
Dhantoli – Ramdaspeth
Prime residential
₹8,290₹6,170+34.4% (-1.9% vs city line)₹18.72.71%
2 BHK ₹17,800/mo
Wardha Rd – Manish Nagar
Prime residential
₹6,780₹5,110+32.7% (+0.6% vs city line)₹15.32.71%
2 BHK ₹14,500/mo
MIHAN
Established mid-market
₹5,550₹4,480+23.9% (-3% vs city line)₹14.33.09%
2 BHK ₹13,600/mo
Besa – Beltarodi
Growth suburb
₹4,740₹3,990+18.8% (-3.8% vs city line)₹13.43.39%
2 BHK ₹12,700/mo
Hingna Rd
Growth suburb
₹4,210₹3,490+20.6% (+2.2% vs city line)₹11.93.39%
2 BHK ₹11,300/mo
Jamtha – Wardha Rd Ext
Peripheral / emerging
₹3,830₹3,280+16.8% (+1.4% vs city line)₹11.83.7%
2 BHK ₹11,200/mo
Kamptee Rd – Koradi
Peripheral / emerging
₹3,610₹3,110+16.1% (+3% vs city line)₹11.13.69%
2 BHK ₹10,500/mo

Land cost calculator — acquisition, stamp duty & TDR

Type a plot size; we apply the micro-market land rate, the state's stamp-duty rule (charged on the higher of market and reckoner value) and the local TDR pricing convention.

Acquisition (market)

₹14.59 cr

₹3,350/sq ft × 43,560 sq ft

Stamp duty + registration

₹87.9 lakh

6% + 1% on ₹14.59 cr

Total outlay

₹15.47 cr

₹1,776 per buildable sq ft @ FSI 2

Reckoner value of plot₹2,800/sq ft₹12.20 cr
Market premium over reckoner₹2.40 cr
Buildable area87,120 sq ft
TDR value of unused FSI87,120 sq ft × ₹980 (≈35% of land reckoner)₹8.54 cr

Maharashtra: 5% stamp + 1% metro cess (Mumbai/Pune/Nagpur) + 1% registration (cap ₹30k). TDR trades ≈ 30–40% of receiving-plot land reckoner. Indicative — confirm with the sub-registrar's current schedule.

Vidura market brief

Nagpur's residential values continue to run well ahead of IGR Maharashtra's Ready Reckoner across all tracked micro-markets, with premiums ranging from 16-42%, underscoring persistent under-valuation in the statutory benchmark despite periodic revisions and a seeded annual appreciation trend of ~6%. The widest gaps sit in the established core—Civil Lines-Dharampeth (41.7% premium, ₹9,180/sq ft) and Dhantoli-Ramdaspeth (34.4%, ₹8,290/sq ft)—reflecting legacy scarcity, social infrastructure and inelastic supply in these central addresses. This matters directly for land acquisition and stamp-duty planning, since reckoner-linked compensation and registration costs understate true market entry cost in these wards. Peripheral growth corridors like MIHAN (23.9%) and Wardha Rd-Manish Nagar (32.7%) show narrower but still meaningful spreads, suggesting reckoner rates there are catching up faster with logistics- and connectivity-led demand—relevant for asset monetisation timing and PPP land-value capture models along the MIHAN-Wardha Rd axis. As Nagpur's outer corridors mature, expect reckoner revisions to progressively compress these premiums, tightening the arbitrage window for early movers in industrial and logistics-linked residential catchments.

Generated 2026-09-26 from the engine's current numbers and recent headlines · refreshed weekly

5-year trend — city average, residential

Lime = engine's city average sale · sky = rent ₹/sq ft/month · dashed blue = YoY % · amber dots = credible prints (CRE Matrix / PropEquity / Knight Frank / IGR headlines, team deals) — 0 so far · 5Y sale +17.3% · rent +17.1%

  • print
  • rent
  • value
  • yoy
2021-102022-032022-072022-112023-032023-072023-112024-032024-072024-112025-042025-082025-122026-052026-095k5k5k6k6k-3%0%3%6%9%

Reckoner ↔ market correlation

market ≈ −₹1,525.2 + 1.617 × reckoner · R² 0.995 · n = 8 micro-markets

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Points above the line are micro-markets where the market has run further ahead of the government rate — expect higher land-acquisition cost and stamp-duty arbitrage; points below signal reckoner catch-up risk.

Recent public signals

Indicative desk estimates calibrated to government reckoner/circle rates and public signals; not a valuation. Refined daily and by team corrections. Reckoner source: IGR Maharashtra — Annual Statement of Rates (Ready Reckoner). Unit: ₹ per sq ft carpet (land: ₹ per sq ft of plot).

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