Ready Reckoner Rates in Dharavi, Mumbai
FY 2026-27 · Official ASR rates published by Maharashtra Government
| Zone Code | Description | Residential | Office | Shop |
|---|---|---|---|---|
| 18/Land/122 | Central Railway Line to the East, Western Railway Line to the West, Mumbai City Limits to the North, Harbour Railway Line to the South. | ₹1,05,840/sqm | ₹1,21,720/sqm | ₹1,32,310/sqm |
| 18/Land/122A | Triangular terrain between Central Railway Line in the East, Western Railway Line in the West and Harbour Railway Line in the North. | ₹85,030/sqm | ₹97,780/sqm | ₹1,06,290/sqm |
| 18/Land/122B | Dharavi Road. | ₹93,100/sqm | ₹1,07,060/sqm | ₹1,16,370/sqm |
| 18/Land/122C | Properties included in CRZ-I area. | ₹0/sqm | ₹0/sqm | ₹0/sqm |
| 18/Land/122D | Properties included in Gulraj Paradise housing project | ₹1,05,750/sqm | ₹1,21,620/sqm | ₹1,32,190/sqm |
| 18/Land/122E | Assets in the Prince's Tower project. | ₹1,05,840/sqm | ₹1,21,720/sqm | ₹1,32,310/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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