Ready Reckoner Rates in Mazgaon, Mumbai

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

Zone CodeDescriptionResidentialOfficeShop
10/Land/78Central Railway Line in the West, Shivdas Chapsi Marg and Dr. Mascarenhas Road in the East, Sant Savtamali Road in the North and Dodi Road in the South.₹1,59,530/sqm₹1,83,460/sqm₹2,08,100/sqm
10/Land/78AHarbour Railway Line in the East, Shivdas Chapsi (Mazgaon) Road, Dr. Mascarenhas (Mount Road) in the West, Sant Savtamali (Victoria) Road in the North, Jinabai Rathod (Wadibandar) Road in the South.₹1,50,580/sqm₹1,73,170/sqm₹1,88,220/sqm
10/Land/78BTriangular terrain between BPT Railway Line, Central Railway (Harbour Railway Line) in the west, Jinabhai Rathod Marg (Wadibunder Road) in the south.₹1,00,470/sqm₹1,52,200/sqm₹1,65,500/sqm
10/Land/78CCentral Railway Line in the west, Rambhau Bhogle line in the east and Dodi line in the north.₹1,99,360/sqm₹2,29,270/sqm₹2,71,200/sqm
10/Land/78DProperties located west of Mascarenses Road.₹2,39,140/sqm₹2,75,010/sqm₹3,23,100/sqm
10/Land/78EProperties located on Sardar Balwant Singh Dhodi Road.₹2,40,850/sqm₹2,76,980/sqm₹3,01,060/sqm
10/Land/78FThe following property on the west side of Shivdas Chapsi Marg₹1,60,920/sqm₹1,85,060/sqm₹2,20,100/sqm
10/Land/78GProperties owned by Mumbai Port Trust in Basic Value Value Section No. 10/78A (Land).₹1,57,420/sqm₹1,81,040/sqm₹1,96,780/sqm
10/Land/78HProperties owned by Mumbai Port Trust in Basic Value Value Section No. 10/78B (Land).₹1,09,520/sqm₹1,52,200/sqm₹1,65,500/sqm
10/Land/78IProperty in the project The Aga Hall Estate.₹1,83,460/sqm₹2,10,980/sqm₹2,29,330/sqm
10/Land/78JHarbour Railway Line to the east, Sant Sawta Sawta Mali Road to the north, Matharpakadi Road to the south, Dr. Mascarenhas Road and Mount Road to the west.₹1,50,580/sqm₹1,73,170/sqm₹1,88,220/sqm
10/Land/79Harbour Railway Line and G.D. Ambekar Line in the East, Central Railway Line in the West, Dattaram Lad Marg in the North, Sant Savtamali Road in the South.₹1,68,830/sqm₹1,94,150/sqm₹2,11,040/sqm
10/Land/79AThe triangular terrain between BPT Railway Line in the East, Central Railway (Harbour Railway Line) in the West, Division Boundary (up to First Avenue Road) in the North.₹62,460/sqm₹96,100/sqm₹1,09,900/sqm
10/Land/79BBasic Value Rates Section No. 10/79 (Land) Properties owned by Mumbai Port Trust.₹1,85,330/sqm₹2,13,120/sqm₹2,31,660/sqm
10/Land/79CBasic Value Rates Section No. Properties owned by Mumbai Port Trust in 10/79A (Land).₹71,830/sqm₹96,100/sqm₹1,09,900/sqm
10/Land/79DProperty under Piramal Aranya Project₹2,36,360/sqm₹2,71,810/sqm₹2,95,450/sqm
10/Land/79EAssets included in the project located in an area of more than 2 hectares₹1,77,270/sqm₹2,03,860/sqm₹2,21,590/sqm
10/Land/80B. to the west. P. T. Railway line (East Island Freeway) to the east, to the sea, to the south between Jijabai Mulji Rathod Marg and to the north BPT Railway, First Avenue Road₹87,880/sqm₹1,04,300/sqm₹1,20,600/sqm
10/Land/80ABasic Value Rates Section No. Properties owned by Mumbai Port Trust in 10/80 (Land).₹91,880/sqm₹1,05,660/sqm₹1,20,600/sqm
10/Road/77Dr. Babasaheb Ambedkar Road₹2,25,530/sqm₹2,59,360/sqm₹2,81,920/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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