Average Ready Reckoner rate for a flat in Parel Sewri area
₹21,073 per sq ft
₹2,26,830 per sq m
- Range by zone
- ₹8,009–₹34,154
- Zones
- 35
- In Mumbai City
- 8th lowest
- Applicable from
- 1 Apr 2025
Parel Sewri Ready Reckoner rate per sq ft by property type
Residential (flat)
₹21,073 per sq ft
₹2,26,830 per sq m
Range by zone ₹8,009–₹34,154
Open land (plot)
₹8,618 per sq ft
₹92,760 per sq m
Range by zone ₹2,049–₹14,210
Office
₹24,235 per sq ft
₹2,60,860 per sq m
Range by zone ₹11,241–₹39,278
Shops
₹26,682 per sq ft
₹2,87,200 per sq m
Range by zone ₹14,066–₹42,693
Industrial
₹21,073 per sq ft
₹2,26,830 per sq m
Range by zone ₹9,321–₹34,154
Flat rates in the Parel Sewri locality range from ₹8,009 to ₹34,154 per sq ft (₹86,210 to ₹3,67,630 per sq m), depending on the zone. The highest is zone 11/81A; the lowest is zone 11/86.
Zone wise Ready Reckoner rate in Parel Sewri area
Ready Reckoner for Parel Sewri area has 35 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 |
|---|---|---|---|---|---|---|
| 11/81 | Road: Babasaheb Ambedkar Road | 2,56,120 | 1,26,380 | 2,94,540 | 3,72,300 | 2,56,120 |
| 11/81A | Area: the properties shown below on Dr. Babasaheb Ambedkar Road and D.E.S. Road. | 3,67,630 | 1,52,960 | 4,22,780 | 4,59,540 | 3,67,630 |
| 11/82 | Area: to the north Jagannath Bhatanakar Road and further Jerabai Wadi Road; to the south the zone limit and Dattaram Lad Road; to the east Dr. Ambedkar Road and S.S. Rao Road and Hospital Avenue Road; to the west the Central Railway line — the area within. | 2,50,230 | 1,02,220 | 2,87,760 | 3,12,790 | 2,50,230 |
| 11/82A | Road: Bhatanakar Road (Elphinstone Road) - Railway line to Dr. Ambedkar Road. | 2,26,830 | 1,03,000 | 2,60,860 | 3,30,300 | 2,26,830 |
| 11/83 | C Area: properties shown below/11/83 Area: to the south Dattaram Lad Road and the division limit; to the west Babasaheb Ambedkar Road and S.S. Rao Road; to the north Jerabai Wadi Road and to the east G.D. Ambekar Road — the area within. | 2,16,960 | 93,420 | 2,49,510 | 2,71,210 | 2,16,960 |
| 11/83A | Road: Jerabai Wadi Road - from Dr. Babasaheb Ambedkar Road Junction to G.D. Ambekar Road Junction. | 1,90,430 | 92,110 | 2,36,400 | 2,83,100 | 1,90,430 |
| 11/83B | Road: Dr. S.S. Rao Road - Dr. Babasaheb Ambedkar Road Junction to Acharya Donde Road Junction. | 2,56,110 | 1,19,540 | 2,94,530 | 3,20,140 | 2,56,110 |
| 11/83C | 11/83-C Area: properties shown below. | 2,36,060 | 1,07,380 | 2,71,470 | 2,95,080 | 2,36,060 |
| 11/83D | Area: the properties in Western India Mills. | 3,42,270 | 1,34,190 | 4,11,080 | 4,46,830 | 3,57,460 |
| 11/83E | Area: the properties north of Eastern India Mill, east of G.D. Ambekar Road, south of the village limit. | 2,16,960 | 93,420 | 2,49,510 | 2,71,210 | 2,16,960 |
| 11/83F | Area: properties in the Kalpataru Avana project. | 2,49,510 | 1,02,760 | 2,86,930 | 3,11,880 | 2,49,510 |
| 11/84 | I Area: properties owned by the Mumbai Port Trust in original valuation zone No. 11/84E (Area)/11/84 Area: to the east Barrister Nath Pai Road, T. Jivraj Road, Rafi Ahmed Kidwai Road; to the west G.D. Ambekar Road; to the north Jerabai Wadi Road — the area within. | 2,39,290 | 84,070 | 2,75,190 | 2,99,120 | 2,39,290 |
| 11/84A | Area: the triangular area east of Rafi Ahmed Kidwai Road, west of T. Jivraj Road (up to P. Sawant Chowk), north of Acharya Donde Road (King Edward Road). | 1,51,780 | 57,500 | 1,74,550 | 2,56,400 | 1,51,780 |
| 11/84B | Properties in The Gateway, Sewri, Mumbai project | 1,23,570 | 61,680 | 1,42,100 | 1,54,460 | 1,23,570 |
| 11/84C | Road: Jerabai Wadi Road - G.D. Ambekar Road, from Rafi Ahmed Kidwai Road up to. | 2,11,930 | 96,330 | 2,43,710 | 2,64,910 | 2,11,930 |
| 11/84D | Area: the properties in M/s Swan Mills. | 3,34,130 | 1,44,170 | 3,93,100 | 4,33,500 | 3,41,820 |
| 11/84E | Area: the properties shown below east of the Harbour Railway line and west of Rafi Ahmed Kidwai Road. | 2,09,790 | 88,390 | 2,41,260 | 2,63,400 | 2,09,790 |
| 11/84F | Area: the L&T Crescent Bay Scheme. | 2,80,820 | 1,21,250 | 3,22,940 | 3,51,020 | 2,80,820 |
| 11/84FA | Area: the area under the rehabilitated buildings in the L&T Crescent Bay slum rehabilitation project. | 2,29,760 | 93,540 | 2,64,220 | 2,87,200 | 2,29,760 |
| 11/84G | Retention Activity to the north, the Harbour railway line to the east, Rafi Ahmed Kidwai Road to the west, and the village road running off Rafi Ahmed Kidwai Road to the south | — | — | — | — | — |
| 11/84H | Area: properties owned by the Mumbai Port Trust in original valuation zone No. 11/84A (area). | 1,58,670 | 62,980 | 1,82,480 | 2,56,400 | 1,58,670 |
| 11/84I | Area: properties owned by the Mumbai Port Trust in original valuation zone No. 11/84E (area). | 2,19,330 | 96,800 | 2,52,230 | 2,74,160 | 2,19,330 |
| 11/84J | Area: properties owned by the Mumbai Port Trust in original valuation zone No. 11/84 (area). | 1,97,240 | 88,970 | 2,26,820 | 2,46,550 | 1,97,240 |
| 11/84K | Area: properties included in the Jubilee Heights and Celestia Spaces projects, situated in an area of more than 2 hectares. | 2,51,260 | 98,080 | 2,88,950 | 3,14,070 | 2,51,260 |
| 11/84L | Area between Rafi Ahmed Kidwai Road to the east, the boundary of valuation zone 11/84F and G.D. Ambekar Road to the west, Jerbai Wadia Road to the north, and Acharya Donde Road to the south | 2,39,290 | 84,070 | 2,75,190 | 2,99,120 | 2,39,290 |
| 11/84M | Area between T. Jivraj Road (up to P. Sawant Chowk) to the east, G.D. Ambekar Road to the west, Acharya Donde Road to the north, and the boundary of valuation zone 11/84D and Ashok Garden Road to the south | 2,39,290 | 84,070 | 2,75,190 | 2,99,120 | 2,39,290 |
| 11/84N | Properties in the Dosti Flamingo project | 2,39,290 | 93,410 | 2,75,190 | 2,99,120 | 2,39,290 |
| 11/84O | Area between Ashok Garden Road to the north, G.D. Ambekar Road to the west, the boundary of valuation zone 11/84J to the south, and T. Jivraj Road to the east | 2,39,290 | 84,070 | 2,75,190 | 2,99,120 | 2,39,290 |
| 11/85 | Area: east of the zone limit, the road east of the Hindustan Lever Company coming southwards from Sewri station, west of the BPT Railway line, south of the zone limit. | 98,730 | 33,860 | 1,48,200 | 1,51,400 | 1,18,270 |
| 11/85A | Area: to the east the BPT Railway line; to the west the Harbour Railway line; to the south the zone limit (First Avenue Road). | 1,00,330 | 39,750 | 1,42,100 | 1,54,500 | 1,00,330 |
| 11/85B | Area: properties owned by the Mumbai Port Trust in original valuation zone No. 11/85 (area). | 1,03,210 | 37,090 | 1,48,200 | 1,51,400 | 1,18,270 |
| 11/85C | Area: properties owned by the Mumbai Port Trust in original valuation zone No. 11/85A (area). | 1,11,680 | 44,970 | 1,42,100 | 1,54,500 | 1,12,240 |
| 11/86 | Area: the part east of the Harbour Railway line, southwards along Acharya Donde Road up to Sewri railway station, the sea to the east, north of the Division boundary and west of the Harbour Railway line. | 86,210 | 31,270 | 1,21,000 | 1,57,800 | 1,11,050 |
| 11/86A | Area: properties included in the Natural Area and Upper zone as per the approved Development Plan 2034. | — | 22,060 | — | — | — |
| 11/86B | Area: properties owned by the Mumbai Port Trust in original valuation zone No. 11/86 (area). | 94,420 | 35,080 | 1,21,000 | 1,57,800 | 1,11,050 |
— 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
- ₹2.11 crore
- 1,000 sq ft × ₹21,073 per sq ft
- Stamp duty (6%)
- ₹12,64,380
- 5% duty + 1% metro cess
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Minimum you pay
- ₹12,94,380
- 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 ₹2.11 crore, use the stamp duty calculator for Parel Sewri 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 ₹21,073 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹2.11 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.
Parel Sewri Ready Reckoner rate FAQs
What is Ready Reckoner rate in Parel Sewri per sq ft?
About ₹21,073 per sq ft (₹2,26,830 per sq m) for a flat in Parel Sewri on average. Zone rates run from ₹8,009 to ₹34,154 per sq ft, so use the rate for your own zone.
Which part of Parel Sewri has the highest Ready Reckoner rate?
Zone 11/81A at ₹3,67,630 per sq m (about ₹34,154 per sq ft). The lowest is zone 11/86 at ₹86,210 per sq m.
Is stamp duty in Parel Sewri 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 Parel Sewri's average flat rate has a Ready Reckoner value of about ₹2.11 crore. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Parel Sewri changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Parel Sewri's average flat rate stays at ₹2,26,830 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Parel Sewri 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 Parel Sewri's average ₹21,073 per sq ft, that is roughly ₹2.32 crore to ₹2.53 crore.
What is Ready Reckoner rate for shops in Parel Sewri?
About ₹26,682 per sq ft (₹2,87,200 per sq m) on average, around 1.3 times the flat rate. Offices average ₹2,60,860 per sq m.
Ready Reckoner rates in other Mumbai City areas
Lower Parel
Mumbai City · flat ₹30,285/sq ft, 44% higher than Parel Sewri
Fort
Mumbai City · flat ₹30,008/sq ft, 42% higher than Parel Sewri
Dadar Naigaon
Mumbai City · flat ₹19,642/sq ft, 7% lower than Parel Sewri
Girgaon
Mumbai City · flat ₹22,198/sq ft, 5% higher than Parel Sewri
Byculla
Mumbai City · flat ₹18,297/sq ft, 13% lower than Parel Sewri
Sion
Mumbai City · flat ₹22,461/sq ft, 7% higher than Parel Sewri
See all 20 areas on the Mumbai City Ready Reckoner rate page, or compare Parel Sewri 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