Ready Reckoner Matunga, Mumbai
Official ready reckoner (circle rate) for Matunga. Use our free calculator to estimate stamp duty, registration fees & total property costs. Updated 2026-27.
Matunga Ready Reckoner per sq.m
| Property Type | Rate per sq.m |
|---|---|
| Residential Plot | ₹2,68,380 |
| Flat / Apartment | ₹2,68,380 |
| Commercial | ₹3,50,730 |
Example: 100 sq.m Flat in Matunga
Circle Rate Value
₹2,68,38,000
Stamp Duty (6%)
₹16,10,280
Registration (1%)
₹2,68,380
Total Govt. Charges
₹18,78,660
Based on circle rate value only. If your actual sale price is higher, duty is calculated on the higher amount.
Stamp Duty Calculator for Matunga
Locality pre-selected. Enter area and property details to get exact stamp duty & registration fees.
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Understanding Circle Rates in Matunga
What is Ready Reckoner? The ready reckoner (or circle rate) is the minimum property value set by the government for Matunga and Mumbai. No property can be registered below this rate. Stamp duty is calculated on the higher of the circle rate or declared sale price.
Why does it matter? When buying property in Matunga, you must pay stamp duty on at least the circle rate value. Our calculator helps you estimate the total government charges—stamp duty, registration fee, and any fixed charges—for your specific property.
How to use: Select your property type, enter the area, and choose buyer type. The calculator will show the circle value, stamp duty, and total costs. Female buyers often get reduced rates.