Ready Reckoner Rates in Turning, Mumbai
FY 2026-27 · Official ASR rates published by Maharashtra Government
| Zone Code | Description | Residential | Office | Shop |
|---|---|---|---|---|
| 70/Land/326 | Malad Marve Road in the North, New Link Road in the East, Malwani Village in the West and Malad South Village in the South. | ₹1,76,510/sqm | ₹2,02,980/sqm | ₹2,20,630/sqm |
| 70/Land/326A | Properties in CTS No. | ₹1,48,380/sqm | ₹1,70,640/sqm | ₹1,97,100/sqm |
| 70/Land/326B | Assets included in CRZ-I area. | ₹0/sqm | ₹0/sqm | ₹0/sqm |
| 70/Land/326C | Property included in CRZ-I area. | ₹0/sqm | ₹0/sqm | ₹0/sqm |
| 70/Land/326D | Property between Kandivali village boundary to the north and west, New Link Road to the east and Malad Marwa to the south | ₹1,76,510/sqm | ₹2,02,980/sqm | ₹2,20,630/sqm |
| 70/Land/327 | Chunnilal Giridharilal Marg to the north, Malad North village to the east, New Link Road to the west and Malad South and Malad East village to the south. | ₹1,82,470/sqm | ₹2,09,840/sqm | ₹2,28,090/sqm |
| 70/Land/327B | Meje-Valnai, Tal. Properties on both sides of the New Link Road leading from the village limits south of Borivali village to the village limits in the north. | ₹1,91,590/sqm | ₹2,20,330/sqm | ₹2,39,490/sqm |
| 70/Land/327C | Property between Malad North village limits on the north and east, New Link Road in the west and Chunnilal Giridharilal Road in the south. | ₹1,82,470/sqm | ₹2,09,840/sqm | ₹2,28,090/sqm |
| 70/Land/327D | Property included in the project located in an area of more than 2 hectares. | ₹1,91,590/sqm | ₹2,20,330/sqm | ₹2,39,490/sqm |
| 70/Land/327E | Property covered under slum area. | ₹1,82,470/sqm | ₹2,09,840/sqm | ₹2,28,090/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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