{"id":8346,"date":"2022-08-02T04:01:24","date_gmt":"2022-08-02T04:01:24","guid":{"rendered":"https:\/\/www.propertypistol.com\/blog\/?p=8346"},"modified":"2022-11-28T06:40:06","modified_gmt":"2022-11-28T06:40:06","slug":"ready-reckoner-rates-in-mumbai-2022","status":"publish","type":"post","link":"https:\/\/www.propertypistol.com\/blog\/ready-reckoner-rates-in-mumbai-2022\/","title":{"rendered":"Ready Reckoner Rates in Mumbai, 2022!"},"content":{"rendered":"\n<p>Ready Reckoner (RR) Rate is the lowest rate of <a href=\"https:\/\/www.propertypistol.com\" data-type=\"URL\" data-id=\"https:\/\/www.propertypistol.com\">property<\/a> transactions notified by the sub-registrar office of a government. RR Rate is also known as Circle Rate in many states. It is nearly impossible to sell a property for less than the RR rate in Maharashtra. Ready reckoner rates help people figure out the minimum value of their property. People need to register their properties based on these rates, whether the property&#8217;s market value is higher or lower.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The registration charges &amp; stamp duty are calculated based on the ready reckoner rates of the property. If the chosen property&#8217;s market value is lesser than its RR rate, the buyer has to pay additional stamp duty and registration charges to execute the transaction. The state government has increased the RR rates by an average of 8.80 % in Maharastra. However, no hike in circle rates was released for Mumbai city. This article shares the current circle rates\/ready reckoner rates prevailing in various areas of<a href=\"https:\/\/www.propertypistol.com\/mumbai\" data-type=\"URL\" data-id=\"https:\/\/www.propertypistol.com\/mumbai\"> Mumbai<\/a>.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_69 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.propertypistol.com\/blog\/ready-reckoner-rates-in-mumbai-2022\/#Recent_RR_rate_changes_in_Mumbai_Nearby_Cities\" title=\"Recent RR rate changes in Mumbai &amp; Nearby Cities\">Recent RR rate changes in Mumbai &amp; Nearby Cities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.propertypistol.com\/blog\/ready-reckoner-rates-in-mumbai-2022\/#Ready_Reckoner_Rates_in_Localities_of_Mumbai\" title=\"Ready Reckoner Rates in Localities of Mumbai\">Ready Reckoner Rates in Localities of Mumbai<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.propertypistol.com\/blog\/ready-reckoner-rates-in-mumbai-2022\/#Zone-wise_Ready_reckoner_rates_in_Mumbai\" title=\"Zone-wise Ready reckoner rates in Mumbai&nbsp;\">Zone-wise Ready reckoner rates in Mumbai&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.propertypistol.com\/blog\/ready-reckoner-rates-in-mumbai-2022\/#RR_rates_at_Worli\" title=\"RR rates at Worli\">RR rates at Worli<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.propertypistol.com\/blog\/ready-reckoner-rates-in-mumbai-2022\/#RR_rates_at_Colaba\" title=\"RR rates at Colaba\">RR rates at Colaba<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.propertypistol.com\/blog\/ready-reckoner-rates-in-mumbai-2022\/#RR_rates_at_Dharavi\" title=\"RR rates at Dharavi\">RR rates at Dharavi<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.propertypistol.com\/blog\/ready-reckoner-rates-in-mumbai-2022\/#RR_rates_at_Lower_Parel\" title=\"RR rates at Lower Parel\">RR rates at Lower Parel<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_RR_rate_changes_in_Mumbai_Nearby_Cities\"><\/span><strong>Recent RR rate changes in Mumbai &amp; Nearby Cities<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th scope=\"col\"><strong>Areas<\/strong><\/th><th scope=\"col\"><strong>RR rate (percentage hike)<\/strong><\/th><\/tr><tr><th scope=\"col\">Thane<\/th><th scope=\"col\">9.48%<\/th><\/tr><tr><th scope=\"col\">Vasai &#8211; Virar<\/th><th scope=\"col\">9%<\/th><\/tr><tr><th scope=\"col\">Ulas Nagar<\/th><th scope=\"col\">9.81%<\/th><\/tr><tr><th scope=\"col\">Navi Mumbai<\/th><th scope=\"col\">8.9%<\/th><\/tr><tr><th scope=\"col\">Panvel<\/th><th scope=\"col\">9.24%<\/th><\/tr><tr><th scope=\"col\"><a href=\"https:\/\/www.propertypistol.com\/pune\" data-type=\"URL\" data-id=\"https:\/\/www.propertypistol.com\/pune\">Pune<\/a><\/th><th scope=\"col\">6.12%<\/th><\/tr><tr><th scope=\"col\">Pimpri Chinchwad<\/th><th scope=\"col\">12.36%<\/th><\/tr><tr><th scope=\"col\">Sholapur<\/th><th scope=\"col\">8.08%<\/th><\/tr><tr><th scope=\"col\">Nasik<\/th><th scope=\"col\">12.15%<\/th><\/tr><tr><th scope=\"col\">Ahmadnagar<\/th><th scope=\"col\">7.72%<\/th><\/tr><tr><th scope=\"col\">Latur<\/th><th scope=\"col\">11.93%<\/th><\/tr><tr><th scope=\"col\">Aurangabad<\/th><th scope=\"col\">12.38%<\/th><\/tr><\/thead><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Ready_Reckoner_Rates_in_Localities_of_Mumbai\"><\/span><strong>Ready Reckoner Rates in Localities of Mumbai<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Given below is a list of the average rates of some key localities in Mumbai:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th scope=\"col\"><strong>Area<\/strong><\/th><th scope=\"col\"><strong>Apartments &amp; Flats (Rs. Per Sq. m.)<\/strong><\/th><th scope=\"col\"><strong>Office (Rs. Per Sq. m.)<\/strong><\/th><\/tr><tr><th scope=\"col\">Andheri East<\/th><th scope=\"col\">Rs 1.14 Lakh &#8211; Rs 2.44 Lakh<\/th><th scope=\"col\">Rs 1.25 Lakh &#8211; Rs 2.68 Lakh&nbsp;<\/th><\/tr><tr><th scope=\"col\">Andheri East Marol<\/th><th scope=\"col\">Rs 92,100 &#8211; Rs 1.57 Lakh<\/th><th scope=\"col\">Rs 1.11 Lakh &#8211; Rs 1.78 Lakh<\/th><\/tr><tr><th scope=\"col\">Andheri East Kurla Road<\/th><th scope=\"col\">Rs 1.08 Lakh &#8211; Rs 1.58 Lakh<\/th><th scope=\"col\">Rs 1.43 Lakh &#8211; Rs 1.74 Lakh&nbsp;<\/th><\/tr><tr><th scope=\"col\">Andheri Varivali&nbsp;<\/th><th scope=\"col\">Rs 1.45 Lakh &#8211; Rs 1.73 Lakh<\/th><th scope=\"col\">Rs 1.66 Lakh &#8211; Rs 1.90 Lakh<\/th><\/tr><tr><th scope=\"col\">Andheri Oshiwara<\/th><th scope=\"col\">Rs 1.01 Lakh &#8211; Rs 2.37 Lakh<\/th><th scope=\"col\">Rs 1.21 Lakh &#8211; Rs 2.61 Lakh&nbsp;<\/th><\/tr><tr><th scope=\"col\">Andheri Versova<\/th><th scope=\"col\">Rs 1.49 Lakh &#8211; Rs 2.09 Lakh<\/th><th scope=\"col\">Rs 1.64 Lakh &#8211; Rs 2.60 Lakh&nbsp;<\/th><\/tr><tr><th scope=\"col\">Andheri West<\/th><th scope=\"col\">Rs 1.38 Lakh &#8211; Rs 2.10 Lakh<\/th><th scope=\"col\">Rs 1.56 Lakh &#8211; Rs 2.60 Lakh&nbsp;<\/th><\/tr><tr><th scope=\"col\">Bandra East<\/th><th scope=\"col\">Rs 1.11 Lakh &#8211; Rs 2.90 Lakh<\/th><th scope=\"col\">Rs 1.30 Lakh &#8211; Rs 3.27 Lakh<\/th><\/tr><\/thead><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Zone-wise_Ready_reckoner_rates_in_Mumbai\"><\/span><strong>Zone-wise Ready reckoner rates in Mumbai&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RR_rates_at_Worli\"><\/span><strong>RR rates at Worli<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th scope=\"col\"><strong>Sub-division<\/strong><\/th><th scope=\"col\"><strong>Circle rates (per sq. m.)<\/strong><\/th><\/tr><tr><th scope=\"col\">Dr. Annie Besant Road<\/th><th scope=\"col\">Rs 4,10,630<\/th><\/tr><tr><th scope=\"col\">Mau Abdul Ghafar Khan Road from Worli Sea Face<\/th><th scope=\"col\">Rs 5,93,700<\/th><\/tr><tr><th scope=\"col\">Sasmira Road (West), the boundary of Worli Gauthan (North)<\/th><th scope=\"col\">Rs 2,99,890<\/th><\/tr><tr><th scope=\"col\">Worli Village<\/th><th scope=\"col\">Rs 1,68,710<\/th><\/tr><tr><th scope=\"col\">Area between Gauthan boundary (North), Lala Lajpat Rai Road to the East of the boundary (West), Anni Besant Road and Sasmira Road (South)<\/th><th scope=\"col\">Rs 3,82,500&nbsp;&nbsp;<\/th><\/tr><\/thead><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RR_rates_at_Colaba\"><\/span><strong>RR rates at Colaba<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th scope=\"col\"><strong>Area (Sub-division)<\/strong><\/th><th scope=\"col\"><strong>Circle rates (per sq. m.)<\/strong><\/th><\/tr><tr><th scope=\"col\">Bhabha Road&nbsp; &#8211; North of Navy Colaba<\/th><th scope=\"col\">Rs 2,96,830<\/th><\/tr><tr><th scope=\"col\">Shaheed Bhagat Singh Marg, from Rigal Cinema to R Salgaonkar Road<\/th><th scope=\"col\">Rs 4,91,990<\/th><\/tr><tr><th scope=\"col\">Shaheed Bhagat Singh Marg, from R Salgaonkar Road to Colaba<\/th><th scope=\"col\">Rs 4,22,540<\/th><\/tr><tr><th scope=\"col\">Prakash Pethe Marg &amp; Jagannath Bhosle Road (departing from Cuffe Parade to the division limits)<\/th><th scope=\"col\">Rs 5,98,220<\/th><\/tr><tr><th scope=\"col\">Navinagar, South of Bhabha Road, Navinagar Tata Institute of Fundamental Reachers Colaba Point<\/th><th scope=\"col\">Rs 2,69,180<\/th><\/tr><\/thead><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RR_rates_at_Dharavi\"><\/span><strong>RR rates at Dharavi<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th scope=\"col\"><strong>Area (Sub-division)<\/strong><\/th><th scope=\"col\"><strong>Circle rates (per sq. m.)<\/strong><\/th><\/tr><tr><th scope=\"col\">The area between the Central Railway Line (East), the Western Railway Line (West), Harbor Railway Line (North)<\/th><th scope=\"col\">Rs 80,980<\/th><\/tr><tr><th scope=\"col\">Central Railway Line (East), Western Railway Line (West), Harbor River Line (South), Mumbai City boundary (North)&nbsp;<\/th><th scope=\"col\">Rs 96,220<\/th><\/tr><tr><th scope=\"col\">Dharavi Road<\/th><th scope=\"col\">Rs 87,660<\/th><\/tr><\/thead><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RR_rates_at_Lower_Parel\"><\/span><strong>RR rates at Lower Parel<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th scope=\"col\"><strong>Area (Sub-division)<\/strong><\/th><th scope=\"col\"><strong>Circle rates (per sq. m.)<\/strong><\/th><\/tr><tr><th scope=\"col\">Mahim Area<\/th><th scope=\"col\">Rs 3,10,900<\/th><\/tr><tr><th scope=\"col\">Pandurang Budhkar Road (South), East Sayani Road, Mhatre Road, and Tandel Road<\/th><th scope=\"col\">Rs 4,59,010<\/th><\/tr><tr><th scope=\"col\">Dr. Annie Besant Road&nbsp;<\/th><th scope=\"col\">Rs 4,05,320&nbsp;<\/th><\/tr><tr><th scope=\"col\">Oriental Silk Mill (East of Prabhadevi Chowk)<\/th><th scope=\"col\">Rs 4,86,580<\/th><\/tr><tr><th scope=\"col\">East Saini Road &amp; Apapaaheb Marathe Road (North), Jagannath Bhatankar Road (South) and Strander Mill boundary (West)<\/th><th scope=\"col\">Rs 3,02,260<\/th><\/tr><\/thead><\/table><\/figure>\n\n\n\n<p><em><strong>Disclaimer:&nbsp;<\/strong>The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ready Reckoner (RR) Rate is the lowest rate of property transactions notified by the sub-registrar office of a government. RR Rate is also known as Circle Rate in many states. It is nearly impossible to sell a property for less than the RR rate in Maharashtra. Ready reckoner rates help people figure out the minimum [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":10366,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[69],"tags":[329,7,14,137],"class_list":["post-8346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-realty-guide-news","tag-india","tag-mumbai","tag-real-estate","tag-realty-guide","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ready Reckoner Rates in Mumbai, 2022! - Real Estate Sector Latest News, Updates &amp; Insights - PropertyPistol Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertypistol.com\/blog\/ready-reckoner-rates-in-mumbai-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ready Reckoner Rates in Mumbai, 2022! - Real Estate Sector Latest News, Updates &amp; Insights - PropertyPistol Blog\" \/>\n<meta property=\"og:description\" content=\"Ready Reckoner (RR) Rate is the lowest rate of property transactions notified by the sub-registrar office of a government. RR Rate is also known as Circle Rate in many states. It is nearly impossible to sell a property for less than the RR rate in Maharashtra. 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