Ready Reckoner Rates in Borivali, Mumbai

FY 2026-27 · Official ASR rates published by Maharashtra Government

Zone CodeDescriptionResidentialOfficeShop
83/Land/361All the sections west of the railway between the railway line and Swami Vivekananda Marg.₹1,03,630/sqm₹1,55,100/sqm₹1,70,900/sqm
83/Land/362All the properties in the village north of Devidas Road.₹98,490/sqm₹1,19,900/sqm₹1,51,000/sqm
83/Land/363Village boundary to the north, Link Road to the east, L.T. Road (Gorai Road) to the south and creek to the west.₹1,48,620/sqm₹1,70,910/sqm₹1,85,780/sqm
83/Land/363AProperties in CTS N in the following sections₹1,14,900/sqm₹1,41,500/sqm₹1,69,700/sqm
83/Land/363BProperty in OLD MHB COLONY MHADA Complex.₹1,48,620/sqm₹1,70,910/sqm₹1,85,780/sqm
83/Land/364Village boundary to the north, Ekasar Road to the east, Lokmanya Tilak Road to the south, Link Road to the west.₹1,44,600/sqm₹1,66,280/sqm₹1,80,740/sqm
83/Land/365Gorai Road to the north, Link Road to the east, village boundary to the south and creek to the west.₹1,08,160/sqm₹1,24,390/sqm₹1,35,200/sqm
83/Land/365AProperty in MHADA Complex.₹1,08,160/sqm₹1,24,390/sqm₹1,35,200/sqm
83/Land/366S. V. All properties in the village on the west side of the road and south of Lokmanya Tilak Road.₹1,56,830/sqm₹1,80,350/sqm₹2,05,400/sqm
83/Land/366AProperty in the final plot number of the following section.₹1,56,830/sqm₹1,80,350/sqm₹2,05,400/sqm
83/Land/375Devidas Marg in the North, Gaon Seema in the East, Lokmanya Tilak Marg in the South and Ekasar Marg in the West.₹1,73,040/sqm₹1,99,000/sqm₹2,23,100/sqm
83/Road/367Swami Vivekananda Road.₹1,58,610/sqm₹1,94,100/sqm₹2,50,100/sqm
83/Road/368Lokmanya Tilak Marg (S.V. Road Junction to Exar Village Eastern)₹1,55,280/sqm₹1,84,900/sqm₹2,55,000/sqm
83/Road/369Lokmanya Tilak Marg (from the eastern boundary of Section No. 83/366 to Link Road)₹1,47,250/sqm₹1,71,600/sqm₹2,26,600/sqm
83/Road/370Lokmanya Tilak Marg (Link Road to Khadi)₹1,55,220/sqm₹1,78,500/sqm₹2,07,600/sqm
83/Road/371Exar Road.₹1,52,110/sqm₹1,74,920/sqm₹2,07,900/sqm
83/Road/372Chandavarkar Road S.V. From the road to the single road.₹1,41,140/sqm₹1,62,310/sqm₹1,92,300/sqm
83/Road/373Sodawala Lane (Eksar Road to Sardar Vallabhbhai Road)₹1,35,050/sqm₹1,55,300/sqm₹1,69,600/sqm
83/Road/374Vallabhbhai Patel Marg (Chandravarkar Road to Sodawala Lane)₹1,34,120/sqm₹1,73,000/sqm₹2,45,000/sqm
83/Road/375ADevidas Road (from western boundary of Borivali village to eastern boundary)₹1,66,390/sqm₹1,91,340/sqm₹2,23,100/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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