Average Ready Reckoner rate for a flat in Bhuleshwar area
₹17,804 per sq ft
₹1,91,640 per sq m
- Range by zone
- ₹16,295–₹39,724
- Zones
- 32
- In Mumbai City
- 5th lowest
- Applicable from
- 1 Apr 2025
Bhuleshwar Ready Reckoner rate per sq ft by property type
Residential (flat)
₹17,804 per sq ft
₹1,91,640 per sq m
Range by zone ₹16,295–₹39,724
Open land (plot)
₹8,347 per sq ft
₹89,850 per sq m
Range by zone ₹7,886–₹19,800
Office
₹23,625 per sq ft
₹2,54,300 per sq m
Range by zone ₹20,336–₹45,682
Shops
₹28,972 per sq ft
₹3,11,850 per sq m
Range by zone ₹26,793–₹51,766
Industrial
₹17,804 per sq ft
₹1,91,640 per sq m
Range by zone ₹16,265–₹39,724
Flat rates in the Bhuleshwar locality range from ₹16,295 to ₹39,724 per sq ft (₹1,75,400 to ₹4,27,590 per sq m), depending on the zone. The highest is “Netaji Subhash Road (Marine Drive), part” (zone 5/43); the lowest is “Maulana Shaukat Ali Road” (zone 5/50A). Shops are rated about 1.6 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Bhuleshwar area
Ready Reckoner for Bhuleshwar area has 32 zones. They are described by roads, not plot numbers, so type your road, society or landmark in the box below to find yours.
No match? Take the CTS number from your property card to the Sub-Registrar office, and they can tell you the zone code to type here.
Still not sure? The Mumbai City Sub-Registrar office can confirm which zone it will use for your property. Our guide on finding your Ready Reckoner zone shows how to match your documents to a zone. If you think the value is too high, you can ask for it to be fixed under section 31 of the Maharashtra Stamp Act before you register. If the Collector fixes a higher value under section 32A, you can appeal within 60 days under section 32B.
Nothing matches. Try a road, landmark or society name from your agreement, or ask the Sub-Registrar office for the zone code.
| Zone | Area covered | Flat₹/sq m | Open plot₹/sq m | Office₹/sq m | Shop₹/sq m | Industrial₹/sq m |
|---|---|---|---|---|---|---|
| 5/43 | Netaji Subhash Road (Marine Drive) — part | 4,27,590 | 2,13,130 | 4,91,720 | 5,57,200 | 4,27,590 |
| 5/44 | Jagannath Shankarshet Road (Giragaon Road) | 2,39,510 | 1,18,440 | 3,39,500 | 3,63,600 | 2,39,510 |
| 5/45 | Kalbadevi Road | 2,15,380 | 1,05,590 | 3,06,700 | 3,58,100 | 2,15,380 |
| 5/46 | Area east of the Western Railway line, west of Netaji Subhashchandra Bose Road, south of Eph Road, north of Barrister Jayakar Road | 3,33,250 | 1,55,090 | 3,83,230 | 4,39,900 | 3,33,250 |
| 5/47 | Area east of Jagannath Shankarshet Road, west of the Western Railway line, south of Lokmanya Tilak Road (part), north of Barrister Jayakar Road (part) | 2,41,100 | 1,18,650 | 3,07,800 | 3,50,400 | 2,41,100 |
| 5/47A | Lokmanya Tilak Road (Kalbadevi Road junction to Western Railway line) | 2,92,420 | 1,44,710 | 3,90,400 | 4,49,100 | 2,92,420 |
| 5/47B | Area east of Jagannath Shankarshet Road, west of the Western Railway line, south of Anandilal Poddar Road, north of Shamladas Gandhi Road (part) | 2,41,100 | 1,18,650 | 3,07,800 | 3,50,400 | 2,41,100 |
| 5/47C | Properties in the Prestige Ocean Tower project | 2,41,100 | 1,18,650 | 3,07,800 | 3,50,400 | 2,41,100 |
| 5/48 | Area east of Sitaram Poddar Road, west of Jagannath Shankarshet Road, south of Dadisheth Agyari Road, north of Thakurdwar Road | 1,85,080 | 86,160 | 2,54,300 | 3,01,700 | 1,85,080 |
| 5/48A | Princess Street (Kalbadevi Road junction to Western Railway line) | 2,66,040 | 1,25,940 | 3,39,400 | 3,71,300 | 2,66,040 |
| 5/48B | Area east of Merchant Road, west of Sitaram Poddar Road, south of Dadisheth Agyari Road, north of Thakurdwar Road | 1,85,080 | 86,160 | 2,54,300 | 3,01,700 | 1,85,080 |
| 5/48C | Area east of Kalbadevi Road, west of Merchant Road, south of Dadisheth Agyari Road, north of Bhuleshwar Road | 1,85,080 | 86,160 | 2,54,300 | 3,01,700 | 1,85,080 |
| 5/48D | Area east of N.J. Acharya Road (K&L Street), west of Jagannath Shankarshet Road, south of V.P. Street, north of Dadisheth Agyari Road | 1,85,080 | 86,160 | 2,54,300 | 3,01,700 | 1,75,080 |
| 5/48E | Area east of Kalbadevi Road, west of N.J. Acharya Road (K&L Street), south of V.P. Street, north of Dadisheth Agyari Road | 1,85,080 | 86,160 | 2,54,300 | 3,01,700 | 1,85,080 |
| 5/48F | Area east of Kalbadevi Road, west of Jagannath Shankarshet Road, south of M.B. Velkar Road, north of Dr. Vegas Road | 1,85,080 | 86,160 | 2,54,300 | 3,01,700 | 1,85,080 |
| 5/48G | Area north of M.B. Velkar Street, east of Kalbadevi Road, west of Jagannath Shankarshet Road, south of Princess Street | 1,85,080 | 86,160 | 2,54,300 | 3,01,700 | 1,85,080 |
| 5/48H | Area north of Princess Street, east of Kalbadevi Road, west of Jagannath Shankarshet Road, south of the Fort division boundary | 1,85,080 | 86,160 | 2,54,300 | 3,01,700 | 1,85,080 |
| 5/49 | Area west/north of Kalbadevi Road, south of Lokmanya Tilak Road, east of Abdul Rahman Street — part | 1,80,260 | 88,460 | 3,02,400 | 3,48,400 | 1,80,260 |
| 5/49A | Lokmanya Tilak Road (Abdul Rahman Road junction to Kalbadevi Road junction) | 2,11,750 | 1,04,860 | 3,09,900 | 3,85,900 | 2,19,000 |
| 5/49B | Princess Street (Kalbadevi Road junction to Abdul Rahman Street) | 2,38,760 | 1,18,110 | 4,36,600 | 4,74,000 | 2,38,760 |
| 5/50 | Area west of the division boundary, north of Maulana Shaukat Ali Road, east of Ibrahim Rahimattulla Road, south of Bhuleshwar Road & Kalbadevi Road | 1,82,510 | 85,570 | 2,18,900 | 2,97,000 | 1,82,510 |
| 5/50A | Maulana Shaukat Ali Road | 1,75,400 | 84,880 | 2,18,900 | 2,97,000 | 1,75,400 |
| 5/50B | Sardar Vallabhbhai Patel Road | 1,91,640 | 89,850 | 2,29,850 | 3,11,850 | 1,91,640 |
| 5/50C | Maulana Azad Road (Sardar Patel Road to Maulana Shaukat Ali Road) | 1,91,640 | 89,850 | 2,29,850 | 3,11,850 | 1,91,640 |
| 5/50D | Maulana Azad Road (Sardar Patel Road to Gulal Wadi circle) | 1,91,640 | 89,850 | 2,29,850 | 3,11,850 | 1,91,640 |
| 5/50E | Kasaji Patel Tank Road (Kasturba Chowk to Gulal Wadi circle) | 1,91,640 | 89,850 | 2,29,850 | 3,11,850 | 1,91,640 |
| 5/50F | Brigadier Usman Road (Gulal Wadi circle to Jhohar Chowk) | 1,91,640 | 89,850 | 2,29,850 | 3,11,850 | 1,91,640 |
| 5/50G | Patthe Bapurao Road (Sardar Patel Road to Gulal Wadi circle) | 1,91,640 | 89,850 | 2,29,850 | 3,11,850 | 1,91,640 |
| 5/50H | Kika Street (Gulal Wadi circle to Kalbadevi Road) | 1,91,640 | 89,850 | 2,54,300 | 3,01,700 | 1,91,640 |
| 5/50I | Ibrahim Rahimuttulla Road (Sardar Patel Road to Kalbadevi Road) | 1,91,640 | 89,850 | 2,29,850 | 3,11,850 | 1,91,640 |
| 5/50J | Manhamad Ali Road (Sardar Patel Road to Maulana Shaukat Ali Road) | 1,91,640 | 89,850 | 2,29,850 | 3,11,850 | 1,91,640 |
| 5/51 | Bhuleshwar Road (Vitthalbhai Patel Road) | 1,92,520 | 90,900 | 2,44,400 | 2,88,400 | 1,92,520 |
Stamp duty and registration charges for a flat
In Mumbai you pay 6% stamp duty (5% duty plus 1% metro cess) and a 1% registration fee, capped at ₹30,000, on your agreement value or Ready Reckoner value, whichever is higher. Here is the minimum for a 1,000 sq ft flat at this area's average flat rate.
- Ready Reckoner value
- ₹1.78 crore
- 1,000 sq ft × ₹17,804 per sq ft
- Stamp duty (6%)
- ₹10,68,240
- 5% duty + 1% metro cess
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Minimum you pay
- ₹10,98,240
- If your price is higher, you pay more
- Women buying a home on their own pay 1% less stamp duty: 5% instead of 6%.
- At ₹50 lakh or more, the buyer also deducts 1% TDS from the payment to the seller.
If your agreed price is more than ₹1.78 crore, use the stamp duty calculator for Bhuleshwar area to see what you will pay on your actual price.
Buying a resale flat
New and resale flats in the same zone have the same Ready Reckoner rate. At the average ₹17,804 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹1.78 crore, the least the government accepts when the sale is registered. Ready Reckoner guidelines lower the value of the building as it gets older and raise it on higher floors in buildings with a lift, so two resale flats in one zone can differ a little. The price you agree with the seller is often higher, and banks lend on their own valuer's report, not on Ready Reckoner rate.
Bhuleshwar Ready Reckoner rate FAQs
What is Ready Reckoner rate in Bhuleshwar per sq ft?
About ₹17,804 per sq ft (₹1,91,640 per sq m) for a flat in Bhuleshwar on average. Zone rates run from ₹16,295 to ₹39,724 per sq ft, so use the rate for your own zone.
Which part of Bhuleshwar has the highest Ready Reckoner rate?
Zone 5/43, “Netaji Subhash Road (Marine Drive), part”, at ₹4,27,590 per sq m (about ₹39,724 per sq ft). The lowest is zone 5/50A, “Maulana Shaukat Ali Road”, at ₹1,75,400 per sq m.
Is stamp duty in Bhuleshwar charged on Ready Reckoner rate or my agreement price?
On your agreement price, unless Ready Reckoner value is higher. A 1,000 sq ft flat at Bhuleshwar's average flat rate has a Ready Reckoner value of about ₹1.78 crore. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Bhuleshwar changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Bhuleshwar's average flat rate stays at ₹1,91,640 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Bhuleshwar on carpet or built-up area?
Built-up area. The ASR guidelines convert carpet area with a factor of 1.1 or 1.2, depending on the area and year. So a 1,000 sq ft carpet flat counts as about 1,100 to 1,200 sq ft built-up. At Bhuleshwar's average ₹17,804 per sq ft, that is roughly ₹1.96 crore to ₹2.14 crore.
What is Ready Reckoner rate for shops in Bhuleshwar?
About ₹28,972 per sq ft (₹3,11,850 per sq m) on average, around 1.6 times the flat rate. Offices average ₹2,54,300 per sq m.
Ready Reckoner rates in other Mumbai City areas
Lower Parel
Mumbai City · flat ₹30,285/sq ft, 70% higher than Bhuleshwar
Fort
Mumbai City · flat ₹30,008/sq ft, 69% higher than Bhuleshwar
Mazgaon
Mumbai City · flat ₹15,382/sq ft, 14% lower than Bhuleshwar
Byculla
Mumbai City · flat ₹18,297/sq ft, similar rate
Mandvi
Mumbai City · flat ₹15,248/sq ft, 14% lower than Bhuleshwar
Dadar Naigaon
Mumbai City · flat ₹19,642/sq ft, 10% higher than Bhuleshwar
See all 20 areas on the Mumbai City Ready Reckoner rate page, or compare Bhuleshwar with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Mumbai City, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in