Ready Reckoner rates (also known as or ASR) have risen drastically since 2001. Current high-end rates for residential flats include: 2025-26 RR Rate Range (per sq. mt.) Malabar & Cumballa Hills ₹3,39,500 – ₹8,61,000 ₹2,80,400 – ₹6,52,100 ₹1,72,500 – ₹5,87,800 Nariman Point ₹413,700 – ₹576,300 Lower Parel ₹178,300 – ₹523,600
Government officials have indicated an upcoming average hike of 4-5% in RR rates for the 2026–2027 fiscal period.
In the sprawling real estate landscape of Mumbai, few documents hold as much authority as the . Published by the Maharashtra Government’s Department of Registration and Stamps, this document dictates the minimum property value for stamp duty calculation. For homebuyers, investors, and legal professionals, understanding the Ready Reckoner rate is not optional—it’s essential.
This is a critical data point for anyone transacting in Kandivali East. As of the latest revision (typically effective April 1st of each year, with 2023-24 or 2024-25 being the most recent), the rates in this zone range from moderate to high for the suburbs. However, the "Top" rate here usually applies to prime road-facing properties (e.g., near Thakur Village , Lokhandwala Complex Road , or Western Express Highway ), which can command rates 10-20% higher than internal streets.