People planning to buy property in Pune may soon have to spend more.
The Government of Maharashtra is considering an increase in Ready Reckoner (RR) rates from April 1, 2026.
The proposal has been prepared by the state’s Registration and Stamp Duty Department for the 2026–27 financial year.
If approved, property registration costs could increase for buyers across the region.
Officials say RR rates in Pune city may rise by 8–10 percent, while rural areas could see an increase of 5–7 percent.
In some rapidly developing locations, the hike might even cross 10 percent.
Why the Government Wants to Increase RR Rates
Authorities say the proposed increase is based on property transaction data from the 2025–26 financial year. Land prices have been rising steadily across Pune and nearby suburbs.
Several major infrastructure projects are driving this growth.
These include the proposed Pune Ring Road, expansion of the metro network, improved railway connectivity, and new highway projects.
Another key factor is land acquisition for the proposed airport in Purandar taluka, which has pushed up land prices in surrounding areas.
As demand for land increases, the government usually revises RR rates to reflect current market values.
Buyers Rushing to Register Properties
With the possibility of higher rates starting in April, many buyers are trying to complete property registrations early.
The fear is that once the new RR rates are implemented, property purchases will become more expensive.
To handle the expected rush, the state government has extended working hours at 519 property registration offices across Maharashtra by two hours daily starting March 1.
RR rates determine the minimum value at which a property can be registered, and they directly affect stamp duty and registration charges.
If the rates increase, the overall cost of buying property also rises.
Real Estate Sector Watching Closely
Industry groups such as CREDAI have expressed concern that a steep increase in RR rates could slow down property sales.
The real estate sector is still recovering from the effects of the pandemic.
RR rates in Maharashtra have changed several times in recent years.
was no increase between 2018 and 2020, followed by a 9.2 percent hike in 2022–23.
In the current financial year 2025–26, the rates increased by 4.16 percent.
If the proposed 8–10 percent hike in Pune is approved, it could significantly impact homebuyers, especially those planning property purchases around the festival of Gudi Padwa.
For many buyers, the message is clear: property in Pune may soon become more expensive.
