India, April 1 -- The Maharashtra government has retained the ready reckoner (RR) rates for the upcoming financial year; joint inspector general of registration (IGR) Rajendra Muthe said on Tuesday. This, despite the state's IGR department marginally missing its revenue target for 2025-26, collecting Rs.60,568.94 crore-about 95.38% of its target of Rs.63,500 crore. Officials said that the RR rates have been retained after consultations with builders, citizens and NGOs owing to inflationary pressures and global uncertainties.

Muthe told Hindustan Times, "We have strictly followed the state government's directive not to increase RR rates. Considering factors such as the prevailing global situation, national scenario and overall economic co...