Ready Reckoner Rates in Bandra-B, Mumbai

FY 2026-27 · Official ASR rates published by Maharashtra Government

Zone CodeDescriptionResidentialOfficeShop
21/Land/134The boundary of the village of Bandra-C to the north, Mount Mary Road to the east, the sea to the west and the same land level to the southern boundary of the Basilica of Our Lady of the Mount Church located along Mount Mary Road to the south.₹5,38,530/sqm₹6,19,310/sqm₹6,73,160/sqm
21/Land/135Hill Road and village boundary to the north, village boundary to the east, and the southern boundary of the Basilica of Our Lady of the Mount located along Mount Mary Road to the west and south.₹3,46,780/sqm₹3,98,790/sqm₹4,44,700/sqm
21/Land/135/1Village boundary on the east and south, property in Gaothan in Bandra TPS-X adjacent to the west.₹3,46,780/sqm₹3,98,790/sqm₹4,44,700/sqm
21/Land/135/2Property in Bandra-B Gaothan at Bandra TPS-X, Adjacent to East.₹3,46,780/sqm₹3,98,790/sqm₹4,44,700/sqm
21/Land/135AA low-level area of the Church of Our Lady of the Mount up to the southern village limits of the Basilica of Our Lady of the Mount.₹3,46,780/sqm₹3,98,790/sqm₹4,44,700/sqm
21/Road/136Bazaar Road.₹2,56,900/sqm₹2,95,430/sqm₹3,21,120/sqm
21/Road/137Krishnachandra Marg (Ramdas Naik Marg)₹3,08,220/sqm₹3,77,600/sqm₹5,29,500/sqm

Source: Annual Statement of Rates (ASR) FY 2026-27, Maharashtra Government

What is the Ready Reckoner Rate?

The Ready Reckoner Rate (also called the Circle Rate or ASR rate) is the minimum property value set by the Maharashtra government for calculating stamp duty and registration fees. Every property transaction in Mumbai must use at least this rate for stamp duty computation.

How is stamp duty calculated?

Stamp duty = ASR rate × Built-up Area (BUA) × floor rise multiplier. BUA = RERA carpet area × 1.10 (new properties). Floor premiums apply from the 5th floor onwards. See our step-by-step guide for the full formula.

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