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

Nashik rates, per sq ft carpet.

city avg 12-month change ▲ 6.5%· market runs +24.5% over reckoner
pop. 2.3 mn (2026e, 1.6 mn in 2011) · rented 30% / owned 70%
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6.6k
5.8k
5.5k
4.5k
4.4k
3.8k
3.2k

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
College Rd – Gangapur Rd
Central business district
₹8,290₹5,770+43.7% (+3.9% vs city line)₹16.62.4%
2 BHK ₹15,800/mo
Govind Nagar – Mumbai Naka
Prime residential
₹6,560₹4,890+34.2% (+1.1% vs city line)₹14.82.71%
2 BHK ₹14,100/mo
Ashok Nagar – Gangapur Rd Ext
Established mid-market
₹5,830₹4,640+25.6% (-3.9% vs city line)₹15.13.11%
2 BHK ₹14,300/mo
Indira Nagar – Pathardi
Established mid-market
₹5,540₹4,480+23.7% (-4.4% vs city line)₹14.33.1%
2 BHK ₹13,600/mo
Nashik Rd – Deolali Camp
Growth suburb
₹4,550₹3,830+18.8% (-3.1% vs city line)₹12.93.4%
2 BHK ₹12,300/mo
Adgaon – Panchavati
Growth suburb
₹4,360₹3,660+19.1% (-1.1% vs city line)₹12.43.41%
2 BHK ₹11,800/mo
Satpur – MIDC
Peripheral / emerging
₹3,800₹3,280+15.9% (+0.9% vs city line)₹11.73.69%
2 BHK ₹11,100/mo
Sinnar – Ozar
Peripheral / emerging
₹3,170₹2,760+14.9% (+9.8% vs city line)₹9.83.71%
2 BHK ₹9,300/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)

₹13.55 cr

₹3,110/sq ft × 43,560 sq ft

Stamp duty + registration

₹81.6 lakh

6% + 1% on ₹13.55 cr

Total outlay

₹14.36 cr

₹1,649 per buildable sq ft @ FSI 2

Reckoner value of plot₹2,560/sq ft₹11.15 cr
Market premium over reckoner₹2.40 cr
Buildable area87,120 sq ft
TDR value of unused FSI87,120 sq ft × ₹896 (≈35% of land reckoner)₹7.81 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

Nashik's residential market continues to trade well above IGR Maharashtra's Ready Reckoner rates across all tracked micro-markets, with premiums ranging from 14.9% to 43.7%, against a seeded annual appreciation trend near 6.0%. College Road–Gangapur Road commands the steepest premium at 43.7% (₹8,290 vs ₹5,770 reckoner), followed by Govind Nagar–Mumbai Naka at 34.2%, reflecting established social infrastructure, connectivity to the Mumbai-Agra highway corridor, and sustained end-user demand. This divergence matters directly for PPP and infrastructure investors: land acquisition costs in premium corridors will significantly exceed reckoner-based compensation benchmarks, complicating ROFR negotiations and asset monetisation models that anchor to circle rates. Conversely, peripheral zones like Sinnar–Ozar (14.9% premium) and Satpur–MIDC (15.9%) offer tighter market-to-reckoner spreads, making them more viable for industrial-linked PPP structuring, land pooling, and affordable housing tie-ins. With recent commentary questioning whether price growth is outpacing genuine buyer demand, investors should stress-test monetisation assumptions in high-premium corridors rather than extrapolate current appreciation uniformly across the city.

Generated 2026-10-26 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 +17.4% · rent +17.5%

  • print
  • rent
  • value
  • yoy
2021-102022-032022-072022-112023-032023-072023-112024-032024-072024-112025-042025-082025-122026-052026-094k5k5k5k5k-4%0%4%8%12%

Reckoner ↔ market correlation

market ≈ −₹1,783.4 + 1.6922 × reckoner · R² 0.983 · 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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