Ready Reckoner Rates in Salt-Pan, Mumbai
FY 2026-27 · Official ASR rates published by Maharashtra Government
| Zone Code | Description | Residential | Office | Shop |
|---|---|---|---|---|
| 15/Land/105 | All areas in the Salt Pan section except 15/105 A. | ₹1,13,930/sqm | ₹1,31,020/sqm | ₹1,57,100/sqm |
| 15/Land/105A | The triangular terrain between the Eastern Express Highway to the south, the Harbour Railway line to the west, the northern boundary of Mumbai city to the north. | ₹1,96,010/sqm | ₹2,25,410/sqm | ₹2,45,010/sqm |
| 15/Land/105B | To the east of Wadala Railway Station (Harbour) Property in the land of Indian Hume Pipe Company. | ₹1,56,100/sqm | ₹1,80,300/sqm | ₹2,16,800/sqm |
| 15/Land/105C | Value Rates Section No. The following income in 15/105 | ₹2,26,390/sqm | ₹2,60,350/sqm | ₹2,82,990/sqm |
| 15/Land/105D | Properties included in the Natural Area Use Zone as per the Approved Development Plan 2034. | ₹0/sqm | ₹0/sqm | ₹0/sqm |
| 15/Land/105E | Assets included in CRZ-I area | ₹0/sqm | ₹0/sqm | ₹0/sqm |
| 15/Land/105F | Basic Value Rates Section No. Properties owned by Mumbai Port Trust in 15/105 (Land). | ₹1,18,620/sqm | ₹1,36,410/sqm | ₹1,48,280/sqm |
| 15/Land/105G | Property in the Labdhi Seabridge project. | ₹1,31,020/sqm | ₹1,50,670/sqm | ₹1,63,770/sqm |
| 15/Land/105H | Property in Dosti Eastern-Bay Project. | ₹1,31,020/sqm | ₹1,50,670/sqm | ₹1,63,770/sqm |
| 15/Land/105I | Property in Runwal Timeless Project. | ₹1,31,020/sqm | ₹1,50,670/sqm | ₹1,63,770/sqm |
| 15/Land/105J | Bhavya Elite Property in this project. | ₹1,13,930/sqm | ₹1,31,020/sqm | ₹1,57,100/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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