Ready Reckoner Rates in Bandra-D, Mumbai
FY 2026-27 · Official ASR rates published by Maharashtra Government
| Zone Code | Description | Residential | Office | Shop |
|---|---|---|---|---|
| 23/Land/141 | Govind Patil Marg to the north, Dr. Ambedkar Marg, village boundary to the south and Sea/Carter Road to the west | ₹4,20,790/sqm | ₹4,83,910/sqm | ₹5,25,990/sqm |
| 23/Land/141A | Property in Bandra-D village between Maru Aai Mandir Road to the north and west, St. Elias-20th Road to the east, Painter Dhurandar Marg (Khardanda Road) to the south. | ₹3,81,830/sqm | ₹4,39,110/sqm | ₹4,77,290/sqm |
| 23/Land/141B | Painter Dhurandar Marg (Khardanda Road) in the North, St. Elias-20th Road in the East, Bandra-D in the South, and Dr. Ambedkar Road in the West. | ₹3,70,110/sqm | ₹4,25,620/sqm | ₹4,87,700/sqm |
| 23/Land/141C | North Union Park Road, East Union Park Road No. 5. Property in Bandra-D village between Sagara and Carter Road in the south. | ₹4,61,400/sqm | ₹5,30,610/sqm | ₹5,76,750/sqm |
| 23/Land/142 | Triangular terrain covered by village boundary, Govind Patil Marg and sea. | ₹1,36,920/sqm | ₹1,57,460/sqm | ₹1,91,400/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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