Ready Reckoner Rates in Malad South, Mumbai
FY 2026-27 · Official ASR rates published by Maharashtra Government
| Zone Code | Description | Residential | Office | Shop |
|---|---|---|---|---|
| 63/Land/297 | Village boundary to the north, link road to the east, ward boundary to the south and creek to the west. | ₹1,77,640/sqm | ₹2,04,280/sqm | ₹2,22,040/sqm |
| 63/Land/297A | Properties in A-Palm Project Complex | ₹2,23,440/sqm | ₹2,56,960/sqm | ₹2,79,300/sqm |
| 63/Land/298 | Mamledar Wadi Marg to the North, S. V. Road, Ward Boundary to the south and Link Road to the west. | ₹1,47,580/sqm | ₹1,69,710/sqm | ₹1,93,400/sqm |
| 63/Land/298A | Mamledar Wadi Marg to the north, Swami Vivekananda Marg to the east, Link Road to the west and Cass Road nos. 3 and 4 Undrai Road to the south. | ₹1,47,580/sqm | ₹1,69,710/sqm | ₹1,93,400/sqm |
| 63/Land/300 | Mamledar Wadi Marg to the north, railway line to the east, village boundary to the south and S. V Road. | ₹1,47,930/sqm | ₹1,70,120/sqm | ₹1,84,910/sqm |
| 63/Land/301 | Ward boundary to the north, Link Road to the east, village boundary to the south and creek to the west. | ₹1,93,910/sqm | ₹2,22,990/sqm | ₹2,42,390/sqm |
| 63/Land/302 | Ward boundary to the north, village boundary to the east and south, link road to the west. | ₹1,86,230/sqm | ₹2,14,170/sqm | ₹2,32,790/sqm |
| 63/Land/302A | Basic Value Rates Section No. Slum in 63/302 Separate Value Rates Division for Properties Under | ₹1,86,230/sqm | ₹2,14,170/sqm | ₹2,32,790/sqm |
| 63/Land/304 | Property in the triangular area of Swami Vivekananda Road and the south and east boundary of the village. | ₹1,02,500/sqm | ₹1,35,100/sqm | ₹1,74,000/sqm |
| 63/Road/299 | Swami Vivekananda Road. | ₹1,44,350/sqm | ₹1,91,400/sqm | ₹2,57,000/sqm |
| 63/Road/301A | Properties on both sides of New Link Road going from the southern boundary of village Mauje Malad South, Taluka Borivali to the northern boundary. | ₹2,03,600/sqm | ₹2,34,140/sqm | ₹2,54,500/sqm |
| 63/Road/303 | Swami Vivekananda Road. | ₹1,45,660/sqm | ₹1,70,600/sqm | ₹2,38,100/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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