Prices For Ready Reckoner In Mumbai, Maharashtra
Ready Reckoner In Mumbai : The Ready Reckoner (RR) rates have raised by an average of 8.80 percent throughout the State under the Maharashtra administration. No increase in circle charges, nevertheless, was announced for Mumbai. The most recent circle rates and ready reckoner rates for Mumbai are shared by navimumbaihouses.com.
The ready reckoner (RR) rates have increased throughout the State of Maharashtra, with the exception of Mumbai. Circular rates in Thane, Navi Mumbai, Ulas Nagar, Vasai-Virar, Panvel, Pune, Pimpri Chinchwad, Sholapur, Nasik, Ahmadnagar, Latur, and Aurangabad have increased by 9.48 percent, 9.90 percent, 9.81 percent, 9. percent, 9. percent, 9. percent, 9. percent, 6.12 percent, 9. percent, and 12.36 percent, respectively.
To the great dismay of real estate developers and builders, ready reckoner rates had been revised by an average of 1.74 percent despite the tremendous problems brought on by the Coronavirus pandemic, such as decreased sales, a severe cash shortage, and an abrupt halt to building operations. While prices across the rest of Maharashtra have climbed, rates in Mumbai, excluding the Mumbai Metropolitan Region (MMR), have decreased by 0.6 percent. The new prices become effective on September 12, 2020.
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RR rate changes in Mumbai
| Areas | RR rate (%hike) |
| Thane | 9.48% |
| Navi Mumbai | 8.90% |
| Ulas Nagar | 9.81% |
| Vasai-Virar | 9% |
| Panvel | 9.24% |
| Pune | 6.12% |
| Pimpri Chinchwad | 12.36% |
| Sholapur | 8.08% |
| Nasik | 12.15% |
| Ahmadnagar | 7.72% |
| Latur | 11.93% |
| Aurangabad | 12.38% |
The modification occurred despite the State government’s decision to maintain the ready reckoner rates in May 2020 because it was evaluating the new rates in the aftermath of the Coronavirus epidemic.
The Stamps and Registration Department in Mumbai sets the ready reckoner prices based on the local real estate market. Mumbai’s properties have been split up into 19 zones or divisions by the administration. Compared to residential buildings, commercial properties are paid greater circle rates.
The Maharashtra government levies a premium on the ready reckoner rate on flats erected on higher floors, in contrast to Noida and Greater Noida where a rebate is offered for a flat above the fourth story in a housing complex.
Floor-wise premium for flats in Mumbai
| Floor of the building | Premium charged |
| Up to 4th floor | Nil |
| 5th to 10th floor | 5% |
| 11th to 20th floor | 10% |
| 21st to 30th floor | 15% |
| 31st floor an above | 20% |
Ready reckoner rates in Mumbai – Zone-wise
RR rates in Worli
| Sub-division | Circle rates (per sq m) |
| Dr Annie Besant Road | Rs 4,10,630 |
| Mau Abdul Ghafar Khan Road from Worli Sea Face | Rs 5,93,700 |
| Sasmira Road to the West, boundary to the East and South and boundary of Worli Gauthan to the North | Rs 2,99,890 |
| The boundary between Gauthan boundary to the North, Lala Lajpat Rai Road to the East of the boundary to the West, Anni Besant Road and Sasmira Road, to the South the boundary | Rs 3,82,500 |
| Worli Village | Rs 1,68,710 |
Ready Reckoner In Mumbai : RR rates in Colaba
| Sub-division | Circle rates (per sq m) |
| Bhabha Road (North of Navy Colaba) | Rs 2,96,830 |
| Prakash Pethe Marg and Jagannath Bhosle Road (departing from Cuffe Parade to the division limits) | Rs 5,98,220 |
| Shaheed Bhagat Singh Marg, from R Salgaonkar Road to Colaba | Rs 4,22,540 |
| Shaheed Bhagat Singh Marg, from Rigal Cinema to R Salgaonkar Road | Rs 4,91,990 |
| Navinagar, Part south of Colaba south of Bhabha Road, Navinagar Tata Institute of Fundamental Reachers Colaba Point | Rs 2,69,180 |
Ready Reckoner In Mumbai : RR rates in Dharavi
| Sub-division | Circle rates (per sq m) |
| Triangular terrain between the Central Railway Line to the East, the Western Railway Line to the West, the Harbor Railway Line to the North | Rs 80,980 |
| Dharavi Road | Rs 87,660 |
| Central Railway Line to the East, Western Railway Line to the West, Mumbai City boundary to the North, Harbor River Line to the South | Rs 96,220 |
RR rates in Lower Parel
| Sub-division | Circle rates (per sq m) |
| Dr Annie Besant Road | Rs 4,05,320 |
| Pandurang Budhkar Road to the South, East Sayani Road, Mhatre Road, and Tandel Road | Rs 4,59,010 |
| Mahim Area | Rs 3,10,900 |
| Oriental Silk Mill, East of Prabhadevi Chowk | Rs 4,86,580 |
| East Saini Road and North of Apapaaheb Marathe Road, Jagannath Bhatankar Road to the South and Strander Mill boundary to the West | Rs 3,02,260 |
How do I access IGR Maharashtra’s Ready Reckoner Rates online?
The Department of Registration and Stamps website offers customers the option of checking the most recent ready reckoner prices online. As an example, check:
Step 1: Visit the Department of Registration & Stamps Maharashtra’s official website, popularly known as IGR Maharashtra. Go to the “Online Services” section now.
Step 2: Select “e-ASR” from the menu, then select “Process,” which will take you to the map page. Select the area you wish to learn more about by clicking.
Step 3: Choose the district or village in step three. You can use the survey number or location to search the yearly statement of rates.
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