Ready Reckoner Rates in Chakala, Mumbai

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

Zone CodeDescriptionResidentialOfficeShop
35/Land/179Village boundary to the north, Mahakali Cave Road to the east, Sahar Road to the south, expressway and village boundary to the west.₹1,69,360/sqm₹1,94,760/sqm₹2,53,790/sqm
35/Land/179AOriginal Value Rates Section No. Properties of CSIA in 35/179₹1,69,360/sqm₹2,14,240/sqm₹2,79,170/sqm
35/Land/180Mathuradas Vassanji Marg to the north, village boundary to the east and south, village boundary and Chakala road to the west.₹1,89,650/sqm₹2,18,100/sqm₹2,54,730/sqm
35/Land/180AThe following CTS. No. Property.₹2,41,900/sqm₹2,78,180/sqm₹3,04,420/sqm
35/Land/180BBasic Value Rate Section No. CSIA's Assets in 35/180₹1,89,650/sqm₹2,39,910/sqm₹2,80,200/sqm
35/Land/181Village Hadad in the northeast, Mahakali Cave Road in the west, Mathuradas Vasanji Marg in the south.₹1,90,360/sqm₹2,18,910/sqm₹2,37,940/sqm
35/Land/181AThe following CTS. No. Property in.₹2,18,850/sqm₹2,51,670/sqm₹2,73,560/sqm
35/Road/178Mathuradas Vasanji Marg.₹1,72,730/sqm₹2,10,320/sqm₹3,47,450/sqm
35/Road/179BGuru B. D. Sawant Marg (from Gundavali station Bawai entrance to Cardinal Gracius Road).₹0/sqm₹0/sqm₹0/sqm
35/Road/180CGuru Hargobind Ji Road (from Cardinal Grassius Road to Andheri – Ghatkopar Link Road Junction).₹0/sqm₹0/sqm₹0/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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