Ready Reckoner Rates in Malvani, Mumbai
FY 2026-27 · Official ASR rates published by Maharashtra Government
| Zone Code | Description | Residential | Office | Shop |
|---|---|---|---|---|
| 69/Land/324 | All properties in Malvani village (except Malad Marve Marg creek to Malvani Church) | ₹1,11,480/sqm | ₹1,28,200/sqm | ₹1,39,350/sqm |
| 69/Land/324A | Property included in CRZ-I area. | ₹0/sqm | ₹0/sqm | ₹0/sqm |
| 69/Land/324B | Properties included in the Natural Area Use Zone as per the Approved Development Plan 2034. | ₹0/sqm | ₹0/sqm | ₹0/sqm |
| 69/Land/324C | Property in the Marina Enclave project. | ₹1,11,480/sqm | ₹1,28,200/sqm | ₹1,39,350/sqm |
| 69/Land/325A | Boundary of Charkop to the North, South 13.50 MW. Road, boundary of C.S.No.6 (Part) on the west and boundary of Malvani village on the east. | ₹97,830/sqm | ₹1,14,160/sqm | ₹1,24,080/sqm |
| 69/Road/325 | Malad Marve Road (creek to Malvani Church) | ₹1,23,830/sqm | ₹1,42,400/sqm | ₹1,54,780/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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