Ready Reckoner Rates in Chandivali, Mumbai
FY 2026-27 · Official ASR rates published by Maharashtra Government
| Zone Code | Description | Residential | Office | Shop |
|---|---|---|---|---|
| 115/Land/524 | All properties in Chandivali village. | ₹1,90,270/sqm | ₹2,18,810/sqm | ₹2,37,840/sqm |
| 115/Land/524A | Property under Special Housing Project. | ₹2,01,620/sqm | ₹2,31,860/sqm | ₹2,52,020/sqm |
| 115/Land/524B | Property in Godrej Urban Park project. | ₹1,90,270/sqm | ₹2,18,810/sqm | ₹2,37,840/sqm |
| 115/Land/524C | Village boundary to the north and west, Development Plan Road to the east, Chandivali Farm Road to the south. | ₹1,90,270/sqm | ₹2,18,810/sqm | ₹2,37,840/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.
Calculate exact stamp duty for your Chandivali property
Upload your RERA certificate — get a precise ₹ figure in under 2 minutes.
Get Free Estimate →