India, April 1 -- Starting April 1, property transactions in Maharashtra are expected to become more expensive, as the state government has announced an average increase of 3.89% in ready reckoner rates for the financial year 2025-26, following a two-year gap. Real estate experts say that this hike is likely to make homebuying costlier.

Solapur will experience the sharpest increase at 10.17%, followed by Ulhasnagar at 9%, Nashik at 7.31%, Thane at 7.72%, Pune district at 6.8%, Navi Mumbai 6.75%. Mumbai, the state's commercial capital, will see a 3.4% increase, slightly below the state average, according to the document. Experts believe that the rise in ready reckoner rates could make homeownership and real estate investment more expensiv...