Ready Reckoner Rates in Chinchwali, Mumbai
FY 2026-27 · Official ASR rates published by Maharashtra Government
| Zone Code | Description | Residential | Office | Shop |
|---|---|---|---|---|
| 60/Land/277 | Ward boundary to the north, S. to the east. V. Road, the boundary of the village on the south and west. | ₹1,41,230/sqm | ₹1,62,410/sqm | ₹1,76,530/sqm |
| 60/Land/279 | Ward boundary to the north, railway line to the east, village boundary to the south and S. V. Road. | ₹1,17,730/sqm | ₹1,41,600/sqm | ₹1,93,800/sqm |
| 60/Land/280 | Ward boundary to the north, village boundary to the east and south, and railway line to the west. | ₹1,59,150/sqm | ₹1,83,020/sqm | ₹1,98,940/sqm |
| 60/Land/281 | All the area of Chinchwali village on the eastern side of the Western Express Highway. | ₹1,95,100/sqm | ₹2,24,360/sqm | ₹2,43,870/sqm |
| 60/Land/282 | The area between the village boundary on the north, Swami Vivekananda Road and the ward boundary. | ₹1,45,170/sqm | ₹1,66,940/sqm | ₹1,81,460/sqm |
| 60/Land/284 | Land between village boundary, railway, ward limits and Swami Vivekananda Road to the north. | ₹1,35,760/sqm | ₹1,56,130/sqm | ₹1,70,700/sqm |
| 60/Land/285 | All the land between the village boundary, ward boundary and railway in the north. | ₹1,93,500/sqm | ₹2,22,530/sqm | ₹2,41,880/sqm |
| 60/Road/278 | Swami Vivekananda Road. | ₹1,55,860/sqm | ₹1,94,000/sqm | ₹2,68,400/sqm |
| 60/Road/281A | General Arun Kumar Vaidya Marg (from Dindoshi village limits in the west to Malad East limits in the east) | ₹2,04,850/sqm | ₹2,35,580/sqm | ₹2,56,060/sqm |
| 60/Road/283 | Swami Vivekananda Road. | ₹1,43,770/sqm | ₹2,10,600/sqm | ₹2,96,100/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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