The government’s official circle rates (Annual Statement of Rates) — the minimum value used for stamp duty and registration — for every zone in Mumbai. Residential, commercial and land rates, per sq.ft and per sq.m.
Source: Department of Registration & Stamps, Maharashtra. Dataset reviewed by the MPE property advisory team on 22 July 2026. Confirm the applicable ASR year, zone and statutory charges with IGR Maharashtra before a transaction.
Every locality coloured by its median government residential rate (₹/sq.ft, 2025-26). Tap a point for its rate, projects and the stamp-duty calculator.
The circle rate is a government floor — the real market almost always trades higher. Across Mumbai localities, homes change hands a median 103% above their ready-reckoner rate. Here’s the gap, by area (residential, 2025-26).
| Locality | Circle rate | Market rate | Premium |
|---|---|---|---|
| Tardeo | ₹16,481 | ₹53,636 | +225% |
| Prabhadevi | ₹19,089 | ₹58,144 | +205% |
| Chembur | ₹13,385 | ₹40,000 | +199% |
| Santacruz West | ₹17,114 | ₹51,081 | +198% |
| Bandra West | ₹20,126 | ₹58,321 | +190% |
| Santacruz East | ₹17,250 | ₹37,000 | +114% |
| Mulund West | ₹13,221 | ₹28,002 | +112% |
| Malad East | ₹11,719 | ₹24,750 | +111% |
| Malad West | ₹12,686 | ₹26,214 | +107% |
| Borivali West | ₹15,348 | ₹31,350 | +104% |
| Vile Parle West | ₹22,657 | ₹45,991 | +103% |
| Khar West | ₹28,496 | ₹56,830 | +99% |
| Andheri West | ₹18,243 | ₹35,433 | +94% |
| Jogeshwari | ₹14,308 | ₹26,455 | +85% |
| Borivali East | ₹15,982 | ₹29,376 | +84% |
| Andheri East | ₹16,197 | ₹28,566 | +76% |
| Kandivali East | ₹15,826 | ₹26,429 | +67% |
| Goregaon East | ₹16,996 | ₹28,000 | +65% |
| Kandivali West | ₹15,418 | ₹25,373 | +65% |
| Lower Parel | ₹29,488 | ₹46,233 | +57% |
| Bandra East | ₹36,765 | ₹47,580 | +29% |
Circle rate = median government ASR residential rate for the locality (per sq.ft). Market rate = median resale asking rate from MPE live listings (last 18 months, 21 localities with enough of both). A high premium means the area trades well above its official floor.
The calculator is indicative. Stamp duty is generally charged on the higher of the agreement value or applicable ready-reckoner value, with valuation adjustments. Rates, concessions and registration charges can change; verify the transaction with IGR Maharashtra or a qualified professional.
| Area / zone | District | Residential ₹/sq.ft |
|---|---|---|
| Jamandas Mehta marg, L.Jagmohandas marg, (Nepeansea road)mukesh chowk, B J kher marg. · zone 7/61A | Mumbai City | ₹80,926 |
| Walkeshwar Road (Teen Batti to Rajbhavan). · zone 7/66C | Mumbai City | ₹78,875 |
| Bhulabhai Desai Road (Nepean Sea Road) vatsalabai desai chowk to mukesh chowk · zone 7/61 | Mumbai City | ₹77,824 |
| Walkeshwar Road (Tembe Chowk to teen Batti). Mumbai Stamp Duty Ready Reckoner 2025-26 by Sampat & Do · zone 7/66B | Mumbai City | ₹73,702 |
| West, South and East division boundary on North August Kranti Marg and Pandita Ramabai Marg. All the · zone 7/66 | Mumbai City | ₹69,826 |
| (Land) The property is bounded by Bal Gangadhar Kher Marg on the east, Nepeansi Road on the west, Va · zone 7/66I | Mumbai City | ₹69,826 |
| (Land) The property is bounded by Nepeansea Road to the east, the seashore to the west, the boundary · zone 7/66H | Mumbai City | ₹69,826 |
| (Land) Property bounded by Pandita Ramabai Marg (from Sitaram Patkar Marg) on the east, Babulnath Ro · zone 7/66J | Mumbai City | ₹69,826 |
The ready reckoner rate (also called the circle rate or ASR — Annual Statement of Rates) is the minimum value the Maharashtra government sets for property in each zone. Stamp duty and registration are charged on the higher of your agreement price or this reckoner value, so it sets a floor on transaction cost.
Rates are revised yearly by the Department of Registration & Stamps (IGR Maharashtra) and vary by zone, building type and use. On this page they are shown per sq.ft (converted from the official per-sq.metre basis) for 2025-26, across 2 Mumbai districts.
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