Average Ready Reckoner rate for a flat in Fort area
₹30,008 per sq ft
₹3,23,000 per sq m
- Range by zone
- ₹16,918–₹66,006
- Zones
- 40
- In Mumbai City
- 7th highest
- Applicable from
- 1 Apr 2025
Fort Ready Reckoner rate per sq ft by property type
Residential (flat)
₹30,008 per sq ft
₹3,23,000 per sq m
Range by zone ₹16,918–₹66,006
Open land (plot)
₹14,751 per sq ft
₹1,58,780 per sq m
Range by zone ₹8,401–₹29,304
Office
₹35,543 per sq ft
₹3,82,580 per sq m
Range by zone ₹21,535–₹75,907
Shops
₹44,557 per sq ft
₹4,79,610 per sq m
Range by zone ₹24,211–₹82,508
Industrial
₹30,008 per sq ft
₹3,23,000 per sq m
Range by zone ₹16,918–₹66,006
Flat rates in the Fort locality range from ₹16,918 to ₹66,006 per sq ft (₹1,82,100 to ₹7,10,480 per sq m), depending on the zone. The highest is zone 2/29; the lowest is zone 2/34. Shops are rated about 1.5 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Fort area
Ready Reckoner for Fort area has 40 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 |
|---|---|---|---|---|---|---|
| 2/7 | Jagannath Bhosale Road (Nathalal Parekh Road), from southern division boundary to Madam Cama Road junction | 5,30,920 | 2,70,430 | 6,10,560 | 6,63,650 | 5,30,920 |
| 2/7A | Block east of Prakash Pethe Road, west to sea and division boundary, north up to NCPA's southern boundary | 6,19,950 | 2,84,190 | 7,12,940 | 8,32,910 | 6,19,950 |
| 2/8 | Shahid Bhagat Singh Road | 3,23,000 | 1,73,990 | 3,71,450 | 4,32,400 | 3,23,000 |
| 2/9 | Shahid Bhagat Singh Road, from Regal Cinema to Velachand Hirachand Road | 2,62,870 | 1,42,690 | 3,02,310 | 3,60,700 | 2,62,870 |
| 2/9A | Mumbai Port Trust properties within zone 2/9 | 2,57,720 | 1,42,690 | 2,96,380 | 3,60,700 | 2,57,720 |
| 2/10 | Madam Cama Road, from Netaji Subhash Road to Maharshi Karve Road | 4,33,880 | 2,07,940 | 4,98,970 | 6,22,100 | 4,33,880 |
| 2/11 | Madam Cama Road, from Maharshi Karve Road to Shahid Bhagat Singh Road (Regal Cinema) | 4,15,200 | 2,11,370 | 4,77,480 | 5,71,300 | 4,15,200 |
| 2/12 | Chhatrapati Shivaji Maharaj Road, from Regal Cinema to Gateway of India | 4,17,330 | 2,10,330 | 4,80,300 | 5,76,300 | 4,17,330 |
| 2/12A | Mumbai Port Trust properties within zone 2/12 | 4,17,330 | 2,21,400 | 4,80,300 | 5,76,300 | 4,17,330 |
| 2/13 | P. D'Mello Road, from Velachand Hirachand Road to north ward boundary | 3,32,300 | 1,67,570 | 4,08,600 | 4,90,400 | 3,32,300 |
| 2/13B | Mumbai Port Trust properties within zone 2/13 | 3,32,300 | 1,76,390 | 4,08,600 | 4,90,400 | 3,32,300 |
| 2/14 | Dadabhai Naoroji Road, from Hutatma Chowk to CST station and BMC headquarters | 3,11,910 | 1,64,930 | 3,61,500 | 7,48,200 | 3,12,730 |
| 2/15 | Dadabhai Naoroji Road, from CST station to Mahatma Phule (Crawford) Market | 2,64,880 | 1,42,680 | 3,04,620 | 3,59,600 | 2,69,500 |
| 2/16 | Veer Nariman Road, from Netaji Subhash Chandra Bose Road to Maharshi Karve Road | 4,58,070 | 2,42,170 | 5,26,780 | 6,07,700 | 4,58,070 |
| 2/17 | Nariman Road portion, from Churchgate station to Hutatma Chowk | — | 2,59,200 | — | — | — |
| 2/18 | Nariman Road portion, from Hutatma Chowk to Asiatic Library | 2,80,020 | 1,45,040 | 3,22,020 | 3,64,400 | 2,80,020 |
| 2/19 | Netaji Subhash Chandra Bose Road (Marine Drive), from Tata Theatre northward to Anandilal Poddar Road | 6,61,620 | 3,15,422 | 7,60,860 | 8,31,300 | 6,61,620 |
| 2/19A | Netaji Subhash Chandra Bose Road, from Anandilal Poddar Road northward to ward boundary | 4,78,960 | 2,24,270 | 5,50,800 | 5,98,700 | 4,78,960 |
| 2/20 | Block between Nathalal Parekh Road/Jagannath Bhosale Road (south) and Madam Cama Road (north), up to Gateway of India, excluding zones 2/8 and 2/12 | 3,23,470 | 1,49,620 | 3,72,000 | 5,18,600 | 3,23,470 |
| 2/21 | Block from Regal Cinema to Asiatic Library | 2,18,300 | 1,07,650 | 2,72,900 | 3,15,300 | 2,18,300 |
| 2/22 | Ballard Estate: from Mint to GPO, east of Shahid Bhagat Singh Road, Indira Dock railway to division boundary | 2,17,670 | 1,01,150 | 2,50,320 | 3,41,200 | 2,17,670 |
| 2/22A | Mumbai Port Trust properties within zone 2/22 | 2,18,300 | 1,07,650 | 2,72,900 | 3,15,300 | 2,18,300 |
| 2/23 | Indira Dock portion: from GPO northward to ward boundary, east of P. D'Mello Road | 2,09,790 | 98,640 | 2,56,900 | 3,07,500 | 2,09,790 |
| 2/23A | Mumbai Port Trust properties within zone 2/23 | 2,27,330 | 1,04,890 | 3,47,800 | 4,06,100 | 2,49,660 |
| 2/24 | Block between division boundary (north), P. D'Mello Road (east), CSM Terminus (south), Dadabhai Naoroji Road and Central Railway line (west) | 2,45,290 | 1,09,030 | 3,47,800 | 4,06,100 | 2,49,660 |
| 2/24A | Triangular Block between Central Railway line (east), Mata Ramabai Ambedkar Road/J.J. Flyover (west) and Lokmanya Tilak Road (north) | 2,45,290 | 1,09,030 | 3,47,800 | 4,06,100 | 2,49,600 |
| 2/24B | Triangular Block between Dadabhai Naoroji Road (west), Mata Ramabai Ambedkar Road/J.J. Flyover (east) and Market Road (north) | 2,69,820 | 1,19,930 | 3,82,580 | 4,46,710 | 2,74,630 |
| 2/25 | Fort core: from CST station southward to Veer Nariman Road, between Dadabhai Naoroji Road and Shahid Bhagat Singh Road | 2,10,880 | 96,290 | 2,90,700 | 3,76,300 | 2,11,490 |
| 2/26 | Block bounded by Veer Nariman Road (north), Shahid Bhagat Singh Road (east), Madam Cama Road (south), Maharshi Karve Road (west) - Museum, University, Oval Maidan, High Court, Stock Exchange | 2,79,680 | 1,24,750 | 4,30,700 | 4,58,500 | 2,79,680 |
| 2/27 | Block north of Veer Nariman Road, between Western Railway line and Dadabhai Naoroji Road, up to northern division boundary - Azad Maidan, G.T. Hospital/J.J. Hospital, Bombay Hospital | 3,96,360 | 1,76,950 | 4,55,820 | 5,24,000 | 3,96,360 |
| 2/28 | Block south of Veer Nariman Road to the sea: west sea coast and division boundary, north Anandilal Poddar Road, east railway line | 6,75,590 | 2,98,210 | 7,76,930 | 8,44,480 | 6,75,590 |
| 2/28A | Block north of Anandilal Poddar Road to the sea: west sea coast and division boundary, east Western Railway line | 3,83,690 | 1,55,090 | 4,41,250 | 4,79,610 | 3,83,690 |
| 2/28B | Properties of Wankhede Stadium and Garware Club/Brabourne (Cricket Club of India) | 3,33,250 | 1,62,470 | 3,90,170 | 4,83,890 | 3,33,250 |
| 2/29 | Block bounded by Veer Nariman Road (north), Madam Cama Road (south), Maharshi Karve Road (east), Netaji Subhash Chandra Bose Road (west) - Mantralaya, Brabourne Stadium, Eros Cinema | 7,10,480 | 2,95,240 | 8,17,060 | 8,88,110 | 7,10,480 |
| 2/30 | Block bounded by Madam Cama Road (north), Jagannath Bhosale Road (east), sea (west), NCPA's southern boundary (south) - Backbay Reclamation, Vidhan Sabha, Nariman Point | 3,94,970 | 1,76,200 | 5,18,000 | 7,84,700 | 4,09,560 |
| 2/31 | Anandilal Poddar Road and F Road, from Netaji Subhash Chandra Bose Road to Vasudev Balwant Phadke Chowk (Metro Chowk) | 5,15,560 | 2,63,920 | 5,92,890 | 6,44,450 | 5,15,560 |
| 2/32 | Lokmanya Tilak Road, from Metro Chowk to Dadabhai Naoroji Road | 2,66,660 | 1,41,730 | 3,54,900 | 4,39,000 | 2,66,660 |
| 2/33 | Lokmanya Tilak Road, from Dadabhai Naoroji Road to P. D'Mello Road Chowk | 2,41,400 | 1,21,880 | 2,90,100 | 4,12,400 | 2,41,400 |
| 2/34 | Lokmanya Tilak Road, from D'Mello Chowk to Carnac Bunder | 1,82,100 | 90,430 | 2,31,800 | 2,60,600 | 1,82,100 |
| 2/34A | Mumbai Port Trust properties within zone 2/34 | 1,95,700 | 95,210 | 2,56,900 | 3,07,500 | 1,95,700 |
— means the schedule publishes no rate for that zone.
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
- ₹3 crore
- 1,000 sq ft × ₹30,008 per sq ft
- Stamp duty (6%)
- ₹18,00,480
- 5% duty + 1% metro cess
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Minimum you pay
- ₹18,30,480
- 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 ₹3 crore, use the stamp duty calculator for Fort 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 ₹30,008 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹3 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.
Fort Ready Reckoner rate FAQs
What is Ready Reckoner rate in Fort per sq ft?
About ₹30,008 per sq ft (₹3,23,000 per sq m) for a flat in Fort on average. Zone rates run from ₹16,918 to ₹66,006 per sq ft, so use the rate for your own zone.
Which part of Fort has the highest Ready Reckoner rate?
Zone 2/29 at ₹7,10,480 per sq m (about ₹66,006 per sq ft). The lowest is zone 2/34, “Lokmanya Tilak Road, from D'Mello Chowk to Carnac Bunder”, at ₹1,82,100 per sq m.
Is stamp duty in Fort 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 Fort's average flat rate has a Ready Reckoner value of about ₹3 crore. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Fort changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Fort's average flat rate stays at ₹3,23,000 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Fort 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 Fort's average ₹30,008 per sq ft, that is roughly ₹3.3 crore to ₹3.6 crore.
What is Ready Reckoner rate for shops in Fort?
About ₹44,557 per sq ft (₹4,79,610 per sq m) on average, around 1.5 times the flat rate. Offices average ₹3,82,580 per sq m.
Ready Reckoner rates in other Mumbai City areas
Parel Sewri
Mumbai City · flat ₹21,073/sq ft, 30% lower than Fort
Bhuleshwar
Mumbai City · flat ₹17,804/sq ft, 41% lower than Fort
Mahim
Mumbai City · flat ₹28,697/sq ft, similar rate
Lower Parel
Mumbai City · flat ₹30,285/sq ft, about the same
Tardeo
Mumbai City · flat ₹25,534/sq ft, 15% lower than Fort
Worli
Mumbai City · flat ₹36,024/sq ft, 20% higher than Fort
See all 20 areas on the Mumbai City Ready Reckoner rate page, or compare Fort 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