Average Ready Reckoner rate for a flat in Girgaon area
₹22,198 per sq ft
₹2,38,940 per sq m
- Range by zone
- ₹15,604–₹47,849
- Zones
- 18
- In Mumbai City
- 9th lowest
- Applicable from
- 1 Apr 2025
Girgaon Ready Reckoner rate per sq ft by property type
Residential (flat)
₹22,198 per sq ft
₹2,38,940 per sq m
Range by zone ₹15,604–₹47,849
Open land (plot)
₹10,673 per sq ft
₹1,14,880 per sq m
Range by zone ₹7,874–₹24,006
Office
₹31,030 per sq ft
₹3,34,000 per sq m
Range by zone ₹18,646–₹55,027
Shops
₹36,009 per sq ft
₹3,87,600 per sq m
Range by zone ₹22,390–₹80,243
Industrial
₹22,198 per sq ft
₹2,38,940 per sq m
Range by zone ₹15,620–₹47,849
Flat rates in the Girgaon locality range from ₹15,604 to ₹47,849 per sq ft (₹1,67,960 to ₹5,15,040 per sq m), depending on the zone. The highest is zone 6/53; the lowest is zone 6/58A. Shops are rated about 1.6 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Girgaon area
Ready Reckoner for Girgaon area has 18 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 |
|---|---|---|---|---|---|---|
| 6/52 | Netaji Subhash Road and Dr. Purandare Road, from Government Printing Press to Babulnath Road corner | 4,47,980 | 2,20,710 | 5,15,170 | 5,59,970 | 4,47,980 |
| 6/53 | Pandit Ramabai Road, from Nana Chowk to Chowpatty | 5,15,040 | 2,58,400 | 5,92,300 | 6,43,800 | 5,15,040 |
| 6/54 | Jagannath Shankarsheth Road, from Barrister Jaykar Road to Sardar Vallabhbhai Patel Road | 2,51,130 | 1,21,560 | 4,54,500 | 4,96,100 | 2,69,590 |
| 6/55 | Block bounded by Jagannath Shankarsheth Road (east), Western Railway line (west), Barrister Jaykar Road (south), Girgaon Road (north) | 2,47,320 | 1,20,650 | 3,85,100 | 4,17,400 | 2,47,320 |
| 6/55A | Block bounded by Western Railway line (east), division's western boundary (west), Sardar Patel Road/Varerkar Bridge (north), division's southern boundary (south) | 2,64,810 | 1,25,890 | 3,04,530 | 3,33,800 | 2,64,810 |
| 6/55B | Block bounded by Jagannath Sheth Road (east), Western Railway line (west), Girgaon Road (south), Sardar Vallabhbhai Patel Road (north) | 2,47,320 | 1,20,650 | 3,85,100 | 4,17,400 | 2,47,320 |
| 6/56 | Block bounded by Vithalbhai Patel Road (east), Jagannath Shankar Sheth Road (west), Barrister Jaykar Road (south), Rajaram Mohan Roy Road (north) | 2,19,580 | 1,03,920 | 2,56,800 | 3,26,100 | 2,19,580 |
| 6/56A | Sardar Vallabhbhai Patel Road, from Rajaram Mohan Roy Road to eastern division boundary | 2,30,560 | 1,09,110 | 2,69,640 | 3,42,410 | 2,30,560 |
| 6/56B | Block bounded by Rajaram Mohan Roy Road (east), Jagannath Shankar Sheth Road (west), Sardar Vallabhbhai Patel Road (north) | 2,19,580 | 1,03,920 | 2,56,800 | 3,26,100 | 2,19,580 |
| 6/56C | Block bounded by division boundary (east), Rajaram Mohan Roy Road (west), Vithalbhai Patel Road (south), Sardar Vallabhbhai Patel Road (north) | 2,19,580 | 1,03,920 | 2,56,800 | 3,26,100 | 2,19,580 |
| 6/57 | Block bounded by Rajaram Mohan Roy Road (east), Lamington Road (west), Sardar Vallabhbhai Patel Road (south), division boundary/Maulana Shaukat Ali Road (north) | 2,05,470 | 1,00,220 | 3,34,000 | 3,87,600 | 2,05,470 |
| 6/57A | Block bounded by Western Railway line (east), division boundary/Pandit Ramabai Road (west and north), Sardar Vallabhbhai Patel Road/Varerkar Bridge (south) | 3,24,090 | 1,40,360 | 3,92,700 | 8,22,600 | 3,24,090 |
| 6/57B | Sardar Vallabhbhai Patel Road, from Netaji Subhash Chandra Bose Road (Marine Drive) to Western Railway line | 3,40,300 | 1,47,380 | 4,12,340 | 8,63,730 | 3,40,300 |
| 6/57C | Sardar Vallabhbhai Patel Road, from Western Railway line to Rajaram Mohan Roy Road | 2,59,690 | 1,26,680 | 4,12,340 | 8,63,730 | 3,40,300 |
| 6/57D | Block bounded by Lamington Road (east), Western Railway line (west), Sardar Vallabhbhai Patel Road (south), division boundary/Maulana Shaukat Ali Road (north) | 2,05,470 | 1,00,220 | 3,34,000 | 3,87,600 | 2,05,470 |
| 6/58 | Block bounded by division boundary (east), Raja Ram Mohan Roy Road (west), Khemraj Shri Krishnadas Road (south), Shaukat Ali Road (north) | 2,00,560 | 85,810 | 2,30,650 | 2,50,710 | 2,00,560 |
| 6/58A | Maulana Shaukat Ali Road, from Dr. Dadasaheb Bhadkamkar Road (Lamington Road) to division boundary | 1,67,960 | 84,750 | 2,00,700 | 2,41,000 | 1,68,130 |
| 6/58B | Block bounded by Rajaram Mohan Roy Road (west), Sardar Vallabhbhai Patel Road (south), Khemraj Shri Krishnadas Road (north) | 2,00,560 | 85,810 | 2,30,650 | 2,50,700 | 2,00,560 |
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
- ₹2.22 crore
- 1,000 sq ft × ₹22,198 per sq ft
- Stamp duty (6%)
- ₹13,31,880
- 5% duty + 1% metro cess
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Minimum you pay
- ₹13,61,880
- 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 ₹2.22 crore, use the stamp duty calculator for Girgaon 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 ₹22,198 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹2.22 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.
Girgaon Ready Reckoner rate FAQs
What is Ready Reckoner rate in Girgaon per sq ft?
About ₹22,198 per sq ft (₹2,38,940 per sq m) for a flat in Girgaon on average. Zone rates run from ₹15,604 to ₹47,849 per sq ft, so use the rate for your own zone.
Which part of Girgaon has the highest Ready Reckoner rate?
Zone 6/53, “Pandit Ramabai Road, from Nana Chowk to Chowpatty”, at ₹5,15,040 per sq m (about ₹47,849 per sq ft). The lowest is zone 6/58A at ₹1,67,960 per sq m.
Is stamp duty in Girgaon 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 Girgaon's average flat rate has a Ready Reckoner value of about ₹2.22 crore. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Girgaon changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Girgaon's average flat rate stays at ₹2,38,940 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Girgaon 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 Girgaon's average ₹22,198 per sq ft, that is roughly ₹2.44 crore to ₹2.66 crore.
What is Ready Reckoner rate for shops in Girgaon?
About ₹36,009 per sq ft (₹3,87,600 per sq m) on average, around 1.6 times the flat rate. Offices average ₹3,34,000 per sq m.
Ready Reckoner rates in other Mumbai City areas
Lower Parel
Mumbai City · flat ₹30,285/sq ft, 36% higher than Girgaon
Fort
Mumbai City · flat ₹30,008/sq ft, 35% higher than Girgaon
Parel Sewri
Mumbai City · flat ₹21,073/sq ft, 5% lower than Girgaon
Sion
Mumbai City · flat ₹22,461/sq ft, similar rate
Dadar Naigaon
Mumbai City · flat ₹19,642/sq ft, 12% lower than Girgaon
Matunga
Mumbai City · flat ₹24,850/sq ft, 12% higher than Girgaon
See all 20 areas on the Mumbai City Ready Reckoner rate page, or compare Girgaon 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