Ready Reckoner Rates in Malad North, Mumbai
FY 2026-27 · Official ASR rates published by Maharashtra Government
| Zone Code | Description | Residential | Office | Shop |
|---|---|---|---|---|
| 64/Land/305 | Chunilal Girandharlal Marg in the North, S.V. Marg in the East. Road, Mamledar Wadi Marg to the south and village boundary to the west. | ₹1,47,580/sqm | ₹1,69,710/sqm | ₹1,84,470/sqm |
| 64/Land/305A | Goras Wadi Road in the North, S.V. Road in the East. The road, Chunilal Giridharlal Marg to the south and the village boundary to the west. | ₹1,47,580/sqm | ₹1,69,710/sqm | ₹1,84,470/sqm |
| 64/Land/305B | Assets included in the project located in an area of more than 2 hectares. | ₹1,54,960/sqm | ₹1,78,200/sqm | ₹1,93,690/sqm |
| 64/Land/305C | Property in the Metro Marvels project. | ₹1,47,580/sqm | ₹1,69,710/sqm | ₹1,84,470/sqm |
| 64/Land/307 | Ward boundary to the north, railway line to the east, Mamledar Wadi road to the south, S. V. Road. | ₹1,16,310/sqm | ₹1,62,400/sqm | ₹2,49,800/sqm |
| 64/Land/308 | Village boundary to the north, railway line to the east, ward boundary to the south and S. V. Road. | ₹1,44,470/sqm | ₹1,66,150/sqm | ₹1,80,590/sqm |
| 64/Land/315 | Village boundary on the north, S. V. Road, Ward Boundary to the south and Link Road to the west. | ₹1,50,840/sqm | ₹1,73,470/sqm | ₹1,88,550/sqm |
| 64/Land/316 | All the terrain west of the link road. | ₹70,500/sqm | ₹85,000/sqm | ₹1,02,200/sqm |
| 64/Road/306 | Swami Vivekananda Road. | ₹1,25,520/sqm | ₹1,98,000/sqm | ₹2,93,900/sqm |
| 64/Road/309 | Swami Vivekananda Road. | ₹1,39,520/sqm | ₹1,60,450/sqm | ₹1,74,410/sqm |
| 64/Road/310 | Shantilal Modi Road. | ₹1,60,050/sqm | ₹1,84,050/sqm | ₹2,15,900/sqm |
| 64/Road/311 | Mathuradas Road. | ₹1,61,710/sqm | ₹1,85,970/sqm | ₹2,23,800/sqm |
| 64/Road/312 | Mahatma Gandhi Road. | ₹1,12,100/sqm | ₹1,51,100/sqm | ₹1,99,400/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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