Ready Reckoner 200102 Mumbai Direct
Rates are in ₹ per sq. ft. (carpet area) for residential properties.
Note: Commercial rates are ~2–2.5x residential rates.
| Sub-locality within 200102 | Residential RR (₹/sq ft) | Commercial RR (₹/sq ft) | Land (₹/sq m) | |----------------------------|--------------------------|--------------------------|----------------| | Nariman Point (Backbay) | 80,000 – 1,00,000 | 2,00,000 – 2,50,000 | 10,00,000+ | | Fort (D.N. Road area) | 65,000 – 85,000 | 1,60,000 – 2,00,000 | 8,00,000 | | Churchgate (West) | 75,000 – 95,000 | 1,80,000 – 2,20,000 | 9,00,000 | | Kala Ghoda / Rampart Row | 70,000 – 90,000 | 1,70,000 – 2,10,000 | 8,50,000 | | Hutatma Chowk area | 60,000 – 80,000 | 1,50,000 – 1,90,000 | 7,50,000 |
⚠️ These are illustrative. Actual notified rates change every year on January 1 and July 1. For exact current rates, refer to the official IGR Maharashtra RR portal. ready reckoner 200102 mumbai
Properties facing the arterial road command a higher premium due to visibility and footfall.
The Ready Reckoner (also called the Annual Statement of Rates) is a government-published document that sets the minimum floor price for property transactions in a given area. It is used by the Sub-Registrar to calculate: Rates are in ₹ per sq
Key fact: Even if you buy a property below the RR rate, stamp duty is charged on the RR rate, not the actual transaction price.
Older buildings and deep interior lanes have slightly lower circle rates. ⚠️ These are illustrative
Ready Reckoner 2001–02 — Mumbai: A concise reference compiling government-notified property valuation rates (circle rates) and related guidance for property valuation, stamp duty, and registration applicable to Mumbai for the fiscal year 2001–02. Intended for valuers, real estate professionals, legal practitioners, and researchers needing historical valuation benchmarks.