Ready Reckoner Rates in Bhandup, Mumbai
FY 2026-27 · Official ASR rates published by Maharashtra Government
| Zone Code | Description | Residential | Office | Shop |
|---|---|---|---|---|
| 121/Land/554 | L. b. S. All properties on the west side of the route (except those in Value Rates Section No. 121/554B). | ₹1,47,030/sqm | ₹1,69,080/sqm | ₹1,83,780/sqm |
| 121/Land/554A | L. b. S. Properties under slums on the west side of the route (except those in Value Rates Section No. 121/554B) | ₹1,32,960/sqm | ₹1,52,900/sqm | ₹1,66,200/sqm |
| 121/Land/554B | The boundary of 12/554A in the north and west, the boundary as shown in the Lal Bahadur Shastri Marg map in the east. | ₹1,47,030/sqm | ₹1,69,080/sqm | ₹2,04,830/sqm |
| 121/Land/555 | Village border in the north, railway in the east, village border in the south and LBS route in the west. | ₹1,56,450/sqm | ₹1,79,920/sqm | ₹1,95,570/sqm |
| 121/Land/556 | village border to the north, expressway to the east, village border to the south and railway line to the west. | ₹1,55,470/sqm | ₹1,78,800/sqm | ₹1,94,340/sqm |
| 121/Land/556A | The following shown property in Bhandup village on the Eastern side of Central Railway. | ₹1,18,500/sqm | ₹1,39,700/sqm | ₹1,67,500/sqm |
| 121/Land/556B | Property included in the project located in an area of more than 2 hectares. | ₹1,63,250/sqm | ₹1,87,740/sqm | ₹2,04,060/sqm |
| 121/Land/557 | All properties east of the Eastern Express Highway. | ₹53,800/sqm | ₹61,870/sqm | ₹74,500/sqm |
| 121/Land/557A | Property included in CRZ-I area. | ₹0/sqm | ₹0/sqm | ₹0/sqm |
| 121/Land/557B | Property included in the Natural Area Use Zone as per the approved Development Plan 2034. | ₹0/sqm | ₹0/sqm | ₹0/sqm |
| 121/Road/558 | Lal Bahadur Shastri Marg. | ₹1,74,900/sqm | ₹2,01,130/sqm | ₹2,18,620/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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