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%
8.3k
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 roughly 15% to 44%, pointing to a persistent valuation gap that reckoner-linked stamp duty and land acquisition benchmarks have yet to catch up with. College Road–Gangapur Road commands the steepest premium at 43.7% (₹8,290 vs ₹5,770/sq ft carpet), followed by Govind Nagar–Mumbai Naka at 34.2%, reflecting sustained demand in Nashik's established western residential corridor. This gap matters directly for infrastructure and PPP investors: land acquisition costs pegged to reckoner rates will understate actual market value in these belts, complicating compensation negotiations and asset monetisation models for road, transit or urban infrastructure projects routed through these corridors. Peripheral zones like Sinnar–Ozar and Satpur–MIDC show comparatively tighter premiums (under 16%), suggesting reckoner rates there are closer to market reality, potentially offering more predictable land-cost assumptions for industrial or logistics-linked PPP structuring. With a seeded annual appreciation trend near 6%, expect the reckoner-market divergence in premium micro-markets to widen further absent a rate revision.

Generated 2026-09-06 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

3k3k4k5k6k3k5k6k8k9k

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.

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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