Ready Reckoner Rates in Mazgaon, Mumbai
FY 2026-27 · Official ASR rates published by Maharashtra Government
| Zone Code | Description | Residential | Office | Shop |
|---|---|---|---|---|
| 10/Land/78 | Central 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/78A | Harbour 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/78B | Triangular 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/78C | Central 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/78D | Properties located west of Mascarenses Road. | ₹2,39,140/sqm | ₹2,75,010/sqm | ₹3,23,100/sqm |
| 10/Land/78E | Properties located on Sardar Balwant Singh Dhodi Road. | ₹2,40,850/sqm | ₹2,76,980/sqm | ₹3,01,060/sqm |
| 10/Land/78F | The following property on the west side of Shivdas Chapsi Marg | ₹1,60,920/sqm | ₹1,85,060/sqm | ₹2,20,100/sqm |
| 10/Land/78G | Properties 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/78H | Properties 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/78I | Property in the project The Aga Hall Estate. | ₹1,83,460/sqm | ₹2,10,980/sqm | ₹2,29,330/sqm |
| 10/Land/78J | Harbour 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/79 | Harbour 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/79A | The 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/79B | Basic 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/79C | Basic 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/79D | Property under Piramal Aranya Project | ₹2,36,360/sqm | ₹2,71,810/sqm | ₹2,95,450/sqm |
| 10/Land/79E | Assets 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/80 | B. 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/80A | Basic 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/77 | Dr. 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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