Ready Reckoner Rates in Ismailia, Mumbai
FY 2026-27 · Official ASR rates published by Maharashtra Government
| Zone Code | Description | Residential | Office | Shop |
|---|---|---|---|---|
| 52/Land/247 | Village boundary to the north, expressway to the east, village boundary to the south and village boundary to the west. | ₹1,66,670/sqm | ₹1,91,670/sqm | ₹2,08,340/sqm |
| 52/Land/248 | Village boundary to the north, east and south and expressway to the west. | ₹95,550/sqm | ₹1,09,880/sqm | ₹1,34,700/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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