Circle Rates in Pune refers to the lowest or minimum price notified by the state government by the registrar office of the city for registration of any land or property transactions. The Circle Rate in Pune is the market value of a property. The government decides the payment of registration charges and stamp duty during the transaction related to property or land purchase.
The Circle Rate in Pune is not the same in all regions across the city since they are majorly dependent on various factors such as the market value of the area, the age of the property, and the availability of amenities and facilities. Apart from information regarding the circle rate in Pune, there are various other administrative fees and taxes that one must know before deciding to sell or buy the property.
What is the Current Circle Rate in Pune?
The assessor and collector department of the Municipal Corporation proposed a suggestion before the standing committee of the civic body on June 2021 to collect property taxes based on the current circle rate. This proposal might result in a fourteen per cent increase in the quantity of property tax collected, although the rise will not influence houses below 500 square feet. After getting the standing committee’s consent, the alteration of the rules will become effectual from April 1, 2022, and will be continued up to March 31, 2025.
The stamp duty calculation is usually different for all regions in our country. The central government fixes the registration and stamp duty charges according to the age and location of the property. Also, 2% of the penalty per month is charged on delayed payments. Earlier, the stamp duty for men, women, and Join ownership was 6%. Still, now the Maharashtra government has announced a 1% concession on stamp duty for women homebuyers for property sale deed or transfer. The move was made to boost real estate sales as well as to perk up the economic standing of women through empowering them via homeownership.
Due to the popularity of high-rise apartment floors, the Maharastra state government and Pune registrar office entails a premium on the Current Circle Rate in Pune. The premium is not charged for property up to the 4th floor. The premium charged for the 5th to 10th floor is 5%, 11th to 20th floor is 10%, 21st to the 30th floor is 15%, and above the 31st floor, it is 20%.
The Circle Rate in Pune is lower for residential properties but higher in the case of commercial properties. The circle rate also depends upon the property type, such as independent houses, flats/apartments and plots. According to the latest updates stated by the Government of Maharashtra, the current Circle rate in Pune for shops, office space, residential land and apartment/flats is as follows:
| Property Type | Circle Rate |
| Apartments and Flats | Rs.8,010 – Rs.1,47,730 per sq.mt. |
| Residential land | Rs.1,330 – Rs.91,960 per sq.mt. |
| Office space | Rs.36,980 – Rs.1,98,350 per sq.mt. |
| Shops | Rs.41,530 – Rs.1,111,600 per sq.mt. |
What are the Circle Rates in Pune for Some of the Areas?
Following are the Circle rates in Pune for residential spaces across various areas.
| Area | Circle Rate in Rs. Sq.M |
| Ambegaon Khurd | Rs.47,720 – Rs.49,890 |
| Ambegaon Budruk | Rs.53,000 – Rs.62,540 |
| Anudh | Rs.54,450 – Rs.103,740 |
| Akrudi | Rs.42,230 – Rs.57,480 |
| Balewadi | Rs.47,100 – Rs.73,010 |
| Baner | Rs.42,760 – Rs.83,830 |
| Bhavani Peth | Rs.45,550 – Rs.81,150 |
| Bhosari Vibhag | Rs.40,770 – Rs.52,090 |
| Bibvewadi | Rs.45,290 – Rs.95,160 |
| Bopkhel | Rs.36,300 – Rs.38,470 |
| Bopodi | Rs.47,420 – Rs 75,820 |
| Budhwar Peth | Rs.53,350 – Rs.69,110 |
| Borhadewadi | Rs.44,270 – Rs.47,650 |
| Charoli Budruk | Rs.40,840 – Rs.46,070 |
| Chinchwad | Rs.44,070 – Rs.60,320 |
| Chovisawadi | Rs.39,100 – Rs.40,430 |
| Dapodi | Rs.47,400 – Rs.53,450 |
| Dhankawadi | Rs.38,240 – Rs.78,440 |
| Dhanori | Rs.26,890 – Rs.59,080 |
| Dhayari | Rs.50,360 – Rs.52,390 |
| Dighi | Rs.42,150 – Rs.43,690 |
| Dudulgaon | Rs.40,920 – Rs.44,760 |
| Erandwane | Rs.73,170 – Rs.1,39,860 |
| Ganj Peth | Rs.45,210 – Rs.50,860 |
| Ganesh Peth | Rs.53,910 – Rs.67,650 |
| Ghorpadi | Rs.53,150 – Rs.1,47,730 |
| Guruwar Peth | Rs.51,960 – Rs.54,640 |
| Gultekedi | Rs.79,630 – Rs.91,980 |
| Hingne Budruk Kanvernagar | Rs.77,500 – Rs.91,500 |
| Hadpsar | Rs.38,180 – Rs.80,930 |
| Kalas | Rs.38,400 – Rs.52,290 |
| Kasba Peth | Rs.50,430 – Rs.67,370 |
| Khadaki Cantonment | Rs.37,120 – Rs.44,870 |
| Katraj | Rs.34,220 – Rs.66,980 |
| Kiwale | Rs.34,500 – Rs.48,180 |
| Kharadi | Rs. 41,240 – Rs.71,880 |
| Kondhwa Khurd | Rs.35,200 – Rs.62,950 |
| Kondhwa Budruk | Rs.40,360 – Rs.56,250 |
| Kothrud | Rs.68,320 – Rs.1,14,570 |
| Lohegaon | Rs.36,040 – Rs.75,420 |
| Mangalwar Peth | Rs.44,730 – Rs.71,840 |
| Mohammadwadi | Rs.34,050 – Rs.61,540 |
| Mamurdhi | Rs.36,400 – Rs.42,300 |
| Moshi | Rs.40,440 – Rs.49,710 |
| Mundhwa | Rs.36,400 – Rs.42,300 |
| Nigdi | Rs.42,180 – Rs.50,620 |
| Nana Peth | Rs.43,800 – Rs.68,040 |
| Parvati | Rs.71,900 – Rs.1,12,520 |
| Pashan | Rs.50,870 – Rs.88,170 |
| Pimple Gurav | Rs.40,960 – Rs.73,290 |
| Pimple Nilakh | Rs.44,680 – Rs.74,110 |
| Pimple Saudagar | Rs.44,760 – Rs.86,420 |
| Pimpri Waghire | Rs.41,260 – Rs.67,460 |
| Rahatni Kale Wadi Vibhag | Rs.39,700 – Rs.67,430 |
| Rasta Peth | Rs.53,100 – Rs.66,620 |
| Ravet | Rs.46,630 – Rs.57,060 |
| Raviwar Peth | Rs.49,300 – Rs.74,800 |
| Sadashiv Peth Navi Peth Dattawadi | Rs.64,960 – Rs.99,980 |
| Sangvi | Rs.41,530 – Rs.57,190 |
| Shaniwar Peth | Rs.72,990 – Rs.82,830 |
| Somwar Peth | Rs.51,870 – Rs.75,140 |
| Shukrawar Peth | Rs.58,420 – Rs.80,950 |
| Talwade | Rs.38,890 – Rs.41,270 |
| Undri | Rs.49,330 – Rs.60,450 |
| Wadgaon Budruk | Rs.34,900 – Rs.72,490 |
| Wadgaon Khurd | Rs.40,610 – Rs.71,760 |
| Wadgaon Sheri (Ram Wadi) | Rs.33,670 – Rs.81,310 |
| Wanwadi | Rs.54,310 – Rs.75,930 |
| Warje | Rs.36,090 – Rs.68,830 |
| Yerwada | Rs.42,380 – Rs.97,350 |