Ready Reckoner Rates in Chembur, Mumbai
FY 2026-27 · Official ASR rates published by Maharashtra Government
| Zone Code | Description | Residential | Office | Shop |
|---|---|---|---|---|
| 98/Land/440 | Property between the Harbour Railway Line to the north, the Eastern Express Highway to the east and the ward limits to the west. | ₹1,59,580/sqm | ₹1,83,510/sqm | ₹1,99,470/sqm |
| 98/Land/440A | Properties shown in Tilak Nagar on the northern side of the Harbour Railway Line. | ₹1,24,900/sqm | ₹1,49,590/sqm | ₹1,71,020/sqm |
| 98/Land/441 | Expressway, Mahatma Gandhi Marg and Ward limits. | ₹1,64,600/sqm | ₹1,89,300/sqm | ₹2,05,760/sqm |
| 98/Land/442 | Expressway, Ramakrishna Chemburkar Marg and V.N. The land is surrounded by the Eastern Route. | ₹1,67,650/sqm | ₹1,92,800/sqm | ₹2,09,560/sqm |
| 98/Land/442A | Eastern Highway to the North, Price Rate Section No. Part 98/443, and the former Value Rates Section No. Part 98/442. | ₹68,500/sqm | ₹78,780/sqm | ₹88,200/sqm |
| 98/Land/443 | V. to the north. n. Purab Marg, Ramakrishna Chemburkar Marg to the east and Gaon Marg to the south, Goods Railway Line to the west | ₹1,86,890/sqm | ₹2,14,920/sqm | ₹2,33,610/sqm |
| 98/Land/444 | Village boundary to the north and east, Eastern Express Highway to the west and village boundary to the south as shown in the map. | ₹1,61,980/sqm | ₹1,86,270/sqm | ₹2,02,470/sqm |
| 98/Land/444A | Property between the Harbour Railway Line in the South and the boundary as shown on the map in the North. | ₹1,25,160/sqm | ₹1,43,930/sqm | ₹1,56,450/sqm |
| 98/Land/445 | Railway to the north, village limits to the east, V. n. Purab Marg and Ramkrishna Chemburkar Marg to the west. | ₹2,03,710/sqm | ₹2,34,270/sqm | ₹2,75,200/sqm |
| 98/Land/445/1 | Property in Chembur Gaothan area. | ₹2,03,710/sqm | ₹2,34,270/sqm | ₹2,75,200/sqm |
| 98/Land/445A | Property included in Subhash Nagar MHADA Complex. | ₹2,03,710/sqm | ₹2,34,270/sqm | ₹2,75,200/sqm |
| 98/Land/446 | Southern part of V.N. Purva road, village boundary and Ramkrishna Chemburkar road. | ₹1,72,990/sqm | ₹1,98,930/sqm | ₹2,16,230/sqm |
| 98/Land/446/1 | Property in Chembur Charai Gaothan area. | ₹1,72,990/sqm | ₹1,98,940/sqm | ₹2,16,230/sqm |
| 98/Land/446A | Property in Maitri Park project. | ₹1,72,990/sqm | ₹1,98,930/sqm | ₹2,16,230/sqm |
| 98/Land/447 | Ward boundary, freight railway line and village boundary. | ₹79,900/sqm | ₹91,880/sqm | ₹99,870/sqm |
| 98/Land/453 | Village boundary to the north, ward boundary to the east, S.G.Barve road to the south, village boundary to the west. | ₹1,01,680/sqm | ₹1,16,940/sqm | ₹1,37,000/sqm |
| 98/Land/454 | North, S.G.Barve Road, South & West Village Boundary, East Ward Boundary. | ₹1,42,660/sqm | ₹1,64,060/sqm | ₹1,78,320/sqm |
| 98/Land/456 | Property in "N" Ward of Chembur Village. | ₹1,01,850/sqm | ₹1,25,400/sqm | ₹1,62,900/sqm |
| 98/Road/448 | V.N. Purav Marg - Sumannagar to Shivaji Maharaj Chowk. | ₹2,14,860/sqm | ₹2,47,090/sqm | ₹3,52,100/sqm |
| 98/Road/449 | Central Avenue Road connecting Acharya Udyan (Diamond Garden) Circle to Chembur Railway Station (Station Road) | ₹2,19,600/sqm | ₹2,52,550/sqm | ₹2,74,510/sqm |
| 98/Road/450 | N. connecting Chembur Railway Station to Borla village. G. Acharya Marg. | ₹2,19,120/sqm | ₹2,51,990/sqm | ₹3,49,600/sqm |
| 98/Road/451 | Choitram Gidwani Road. | ₹1,14,630/sqm | ₹1,31,820/sqm | ₹1,72,100/sqm |
| 98/Road/452 | Ramkrishna Chemburkar Marg. | ₹1,63,300/sqm | ₹1,87,800/sqm | ₹2,04,130/sqm |
| 98/Road/455 | S.G.Barve Marg. | ₹1,03,080/sqm | ₹1,18,540/sqm | ₹1,57,600/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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