Mumbai Property Rates & Calculator
Mumbai ready reckoner rate (circle rate) - South Mumbai, Bandra, Andheri, Navi Mumbai, Thane, Lower Parel. Calculate stamp duty & registration charges. IGR Maharashtra 2026-27.
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Rate per sqmMumbai City & Suburb rates are sourced from the official e-Stamp Duty Ready Reckoner portal:
- [Mumbai City (19 divisions, 346 zones)](https://www.e-stampdutyreadyreckoner.com/reckoner/2026/mumbai/mumbai-city)
- [Mumbai Suburban – Andheri Taluka](https://www.e-stampdutyreadyreckoner.com/reckoner/2026/mumbai-suburban/andheri)
- [Mumbai Suburban – Borivali Taluka](https://www.e-stampdutyreadyreckoner.com/reckoner/2026/mumbai-suburban/borivali)
- [Mumbai Suburban – Kurla Taluka](https://www.e-stampdutyreadyreckoner.com/reckoner/2026/mumbai-suburban/kurla)
- [Thane TMC](https://www.e-stampdutyreadyreckoner.com/reckoner/2026/thane/thane-tmc)
Rates shown are the median residential rate across all zones within each division. For well-known sub-areas (Cuffe Parade, Nariman Point, BKC, etc.), the specific zone rate is used.
Note: Navi Mumbai (NMMC) and Extended MMR (Kalyan, Dombivli) data was not yet published on the portal at the time of last update. Those rates are estimates.
For exact rates by survey number/CTS number, visit [IGR Maharashtra](https://igrmaharashtra.gov.in/) or [e-ASR Portal](https://easr.igrmaharashtra.gov.in/).
South Mumbai (Island City) – Ultra Premium:
| Area | Residential (₹/sqm) | Source |
|------|---------------------|--------|
| Malabar Hill | ₹8,71,080 | Zone 7/7/61A |
| Breach Candy | ₹7,93,320 | Zone 7/7/66B |
| Peddar Road | ₹7,51,600 | Zone 7/7/66 |
| Cuffe Parade | ₹7,22,810 | Zone 1/1/5A |
| Nariman Point | ₹7,10,480 | Zone 2/2/29 |
| Prabhadevi | ₹5,35,240 | Zone 12/12/89B |
| Marine Drive | ₹5,15,040 | Zone 6/6/53 |
| Colaba | ₹4,62,250 | Median of 14 zones |
| Worli | ₹3,92,270 | Median of 10 zones |
| Lower Parel | ₹3,32,450 | Median of 42 zones |
Western Suburbs:
| Area | Residential (₹/sqm) | Source |
|------|---------------------|--------|
| Juhu | ₹4,03,280 | Median of 8 zones |
| BKC | ₹3,36,810 | Zone 29/29/167 |
| Bandra West | ₹2,95,500 | Median of 10 zones |
| Lokhandwala | ₹2,59,830 | Zone 39/39/198 |
| Andheri West | ₹2,48,350 | Zone 39/39/199A |
| Versova | ₹2,38,440 | Median of 6 zones |
| Goregaon | ₹1,73,110 | Median of 10 zones |
| Borivali | ₹1,47,250 | Median of 18 zones |
| Dahisar | ₹1,40,010 | Median of 13 zones |
Stamp Duty Structure:
| Buyer | Stamp Duty | Metro Cess | Registration | Total |
|-------|------------|------------|--------------|-------|
| Male | 6% | 1% | 1% (max ₹30k) | ~8% |
| Female | 5% | 1% | 1% (max ₹30k) | ~7% |
| Joint | 5.5% | 1% | 1% (max ₹30k) | ~7.5% |
Example: ₹2 Crore property (Male buyer):
- Stamp Duty (6%): ₹12,00,000
- Metro Cess (1%): ₹2,00,000
- Registration (capped): ₹30,000
- Total: ₹14,30,000
Example: ₹2 Crore property (Female buyer):
- Stamp Duty (5%): ₹10,00,000
- Metro Cess (1%): ₹2,00,000
- Registration (capped): ₹30,000
- Total: ₹12,30,000
Women save ₹2,00,000 on a ₹2 Crore property!
Navi Mumbai offers affordable alternatives to Mumbai:
Why consider Navi Mumbai?
- 40-60% lower ready reckoner rates than Mumbai
- Better infrastructure and planned development
- Good connectivity via trains and upcoming metro
- Proximity to Mumbai Airport (Navi Mumbai International upcoming)
- CIDCO townships with modern amenities
Top Investment Areas:
1. Kharghar – Central Park, good schools, metro connectivity
2. Ulwe – Near upcoming airport, rapid development
3. Panvel – Junction point, commercial growth
4. Seawoods – Premium Navi Mumbai, mall and offices
Thane offers middle ground:
- Thane West: ₹1,51,700/sqm (from Thane TMC Majiwada division)
- Thane East: ₹93,500/sqm (from Thane TMC Thane division)
- Hiranandani Estate: ₹1,93,200/sqm (highest Majiwada zone)
Extended MMR (Kalyan-Dombivli, Mira-Bhayander):
- Most affordable options in MMR
- Rates start from ₹44,000/sqm
- Good for first-time buyers
- Railway connectivity to Mumbai
Frequently Asked Questions
In Mumbai (urban area), stamp duty is 6% for men and 5% for women. Additionally, 1% Metro Cess applies. Registration fee is 1% (capped at ₹30,000). Total charges: approximately 8% for men, 7% for women.
Malabar Hill has the highest rates at ₹8,71,080/sqm, followed by Breach Candy (₹7,93,320/sqm), Peddar Road (₹7,51,600/sqm), Cuffe Parade (₹7,22,810/sqm), and Nariman Point (₹7,10,480/sqm). These rates are from the official 2026-27 ASR.
Yes, Navi Mumbai generally has lower ready reckoner rates compared to Mumbai City. Areas like Kharghar, Panvel, and Ulwe offer relatively affordable rates (₹71,000-₹1,05,000/sqm) compared to Mumbai's premium areas.
Yes, Maharashtra offers 1% concession on stamp duty for female buyers. Women pay 5% stamp duty instead of 6% in Mumbai and other urban areas.
Metro Cess is an additional 1% charge on property registration in Mumbai Metropolitan Region, used to fund metro rail construction. It applies across BMC, NMMC, and Thane areas.
The ready reckoner rates shown for Mumbai City and Suburbs are sourced directly from e-stampdutyreadyreckoner.com, which publishes the Annual Statement Rates (ASR) as declared by the Government of Maharashtra. Rates are effective from 1st April 2026 to 31st March 2026.
Official Sources
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