There are three categories for the yearly statement rate: influence areas, urban, and rural. In Navi Mumbai’s Raigad district lies a well-developed residential area known as Kharghar. Kharghar, which was developed by the City & Industrial Development Corporation (Cidco), is governed by the Panvel Municipal Corporation (PMC). Kharghar, also known as the centre of education in Navi Mumbai, is a no-alcohol area.

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What is circle rate?

The circle rate is the lowest amount for which a property can be registered. The circle rate is often referred to as the annual statement rate (ASR) or the ready reckoner rate in Maharashtra. ASR is used to calculate a property’s stamp duty and registration costs. In some regions of the nation, the circle rate is also referred to as the ready reckoner rate, guidelines value, or guiding value.

There are three categories for the ASR: influence areas, urban, and rural.

Urban area: This territory is under the jurisdiction of the Cantonment Board, Municipal Corporation, Municipal Council, or Nagar Panchayat.

Influence area: This region is under the jurisdiction of the Cantonment Board, Municipal Corporation, Municipal Council, or Nagar Panchayat. This region experiences growth acceleration and exhibits strong development, making it the location’s growth hub.

Rural area: The territory that lies outside of the influence and urban regions is referred to as the rural area.

How can the Kharghar circle rate be found?

• Check out the IGR Maharashtra webpage at https://igrmaharashtra.gov.in/Home to get a sense of the Kharghar circle rate.
• After selecting e-ASR, you will be taken to a map page:
• Click on Raigad since Kharghar is located in the Raigad district.
• After that, choose the Taluka, village, and district, then verify the ASR.

Circle prices for residential use in Kharghar

Kharghar circle rates: Commercial

Kharghar circle rates – Shop

Kharghar circle rates: Land

Industrial circle rates in Kharghar

Kharghar: connectivity and Location

One of the largest areas in Navi Mumbai is Kharghar, which is home to famous sites like the golf course and Central Park. The Pandavkada hills, which are well-known for its waterfalls, particularly during the rainy season, encircle it. Kharghar is a well-planned area that stretches to Sector-35, from whence it borders Taloja.

Kharghar has excellent road and Harbour Railway Network connections to adjacent areas of Mumbai & Navi Mumbai. The entire Kharghar is covered by the recently opened Navi Mumbai Metro. The metro line (Line 1) is 11 km long & travels through Kharghar on its way from Belapur to Pendhar.

Additionally, Kharghar has access to the Sion-Panvel Highway and the Mumbai-Pune Motorway. Additionally, it is close to the currently under-construction Navi Mumbai International Airport (NMIA).

Kharghar’s neighbouring communities include Taloja, Roadpali, Kamothe, and Belapur CBD. Reputable educational establishments in Kharghar include Pre-school, Vishwajyot High School, B.D. Somani International School, DAV Public School, and Bal Bharti Public School. There’s the Hospitality in Kharghar. Kharghar can be reached from the MGM Institute of Health Sciences in Belapur in five to ten minutes.

Why should you buy property in Panvel?

Kharghar is a well-established node with reputable developers that are well-known for their high-quality building. Excellent gated communities that are self-sufficient in every way can be found in the area. Here are properties available in a variety of configurations and price ranges. Cidco intends to build the Navi Mumbai Corporate Park, which will be modelled after the Bandra–Kurla Complex, as part of this development. An estimated 200 hectares, including Central Park & Gold Course, will be created for this.

Kharghar: Cost of real estate

The average cost of an apartment in Kharghar, according to the research, is Rs 9,685, with prices per square foot ranging from Rs 3,703 to Rs 21,111. In this area, the average rent for a home is Rs 35,685, while the range of rent prices is from Rs 7,500 to Rs 100,000.

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