Ready Reckoner Rates in Gundavali, Mumbai

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

Zone Code	Description	Residential	Office	Shop
40/Land/208	Andheri Flyway (Prof. Phadke Marg) to the north, East Expressway, West and South village boundary.	₹1,82,710/sqm	₹2,10,120/sqm	₹2,51,600/sqm
40/Land/209	Village boundary to the north, expressway to the east, village boundary to the west, and Andheri flyover road to the south (Prof. Phadke Marg)	₹1,53,670/sqm	₹1,76,720/sqm	₹1,92,900/sqm
40/Land/209A	Property in the Bellissimo project.	₹1,61,350/sqm	₹1,85,560/sqm	₹2,01,690/sqm
40/Land/210	Expressway to north, east and south of village boundary to west.	₹1,50,280/sqm	₹1,72,820/sqm	₹1,87,850/sqm
40/Land/210A	Property under the Visino project.	₹2,10,400/sqm	₹2,41,960/sqm	₹2,63,000/sqm
40/Road/206	Mathuradas Vassanji Marg from the western boundary of the village to the expressway.	₹1,62,010/sqm	₹1,86,310/sqm	₹2,47,600/sqm
40/Road/207	Mathuradas Vassanji Marg, Expressway to the eastern boundary of the village.	₹1,82,020/sqm	₹2,09,320/sqm	₹2,54,520/sqm
40/Road/207A	C. T. S. The income in the number.	₹2,71,330/sqm	₹3,12,030/sqm	₹3,39,160/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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