Average Ready Reckoner rate for a flat in Bandivali area
₹11,343 per sq ft
₹1,22,100 per sq m
- Range by zone
- ₹9,843–₹14,308
- Zones
- 5
- Applicable from
- 1 Apr 2025
Bandivali Ready Reckoner rate per sq ft by property type
Residential (flat)
₹11,343 per sq ft
₹1,22,100 per sq m
Range by zone ₹9,843–₹14,308
Open land (plot)
₹5,256 per sq ft
₹56,570 per sq m
Range by zone ₹4,073–₹5,532
Office
₹13,045 per sq ft
₹1,40,420 per sq m
Range by zone ₹11,320–₹16,454
Shops
₹16,723 per sq ft
₹1,80,000 per sq m
Range by zone ₹14,047–₹17,885
Industrial
₹11,343 per sq ft
₹1,22,100 per sq m
Range by zone ₹9,843–₹14,308
Flat rates in the Bandivali locality range from ₹9,843 to ₹14,308 per sq ft (₹1,05,950 to ₹1,54,010 per sq m), depending on the zone. The highest is zone 51/245B; the lowest is zone 51/246. Shops are rated about 1.5 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Bandivali area
Ready Reckoner for Bandivali area has 5 zones. They are described by roads and housing societies, 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 Andheri 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 |
|---|---|---|---|---|---|---|
| 51/244 | Road: Swami Vivekananda Marg. | 1,22,100 | 59,550 | 1,40,420 | 1,83,800 | 1,22,100 |
| 51/245 | Area: the village limit to the north, the railway line to the east, and the village limit to the south and west. | 1,10,010 | 47,660 | 1,26,510 | 1,80,000 | 1,10,010 |
| 51/245A | Area: properties included below. | 1,22,650 | 56,570 | 1,41,050 | 1,66,500 | 1,22,650 |
| 51/245B | Area: properties under the Lodha project. | 1,54,010 | 57,190 | 1,77,110 | 1,92,510 | 1,54,010 |
| 51/246 | Area: the village limit to the north, east and south, and the railway line to the west. | 1,05,950 | 43,840 | 1,21,850 | 1,51,200 | 1,05,950 |
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
- ₹1.13 crore
- 1,000 sq ft × ₹11,343 per sq ft
- Stamp duty (6%)
- ₹6,80,580
- 5% duty + 1% metro cess
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Minimum you pay
- ₹7,10,580
- 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 ₹1.13 crore, use the stamp duty calculator for Bandivali 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 ₹11,343 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹1.13 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.
Bandivali Ready Reckoner rate FAQs
What is Ready Reckoner rate in Bandivali per sq ft?
About ₹11,343 per sq ft (₹1,22,100 per sq m) for a flat in Bandivali on average. Zone rates run from ₹9,843 to ₹14,308 per sq ft, so use the rate for your own zone.
Which part of Bandivali has the highest Ready Reckoner rate?
Zone 51/245B at ₹1,54,010 per sq m (about ₹14,308 per sq ft). The lowest is zone 51/246 at ₹1,05,950 per sq m.
Is stamp duty in Bandivali 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 Bandivali's average flat rate has a Ready Reckoner value of about ₹1.13 crore. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Bandivali changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Bandivali's average flat rate stays at ₹1,22,100 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Bandivali 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 Bandivali's average ₹11,343 per sq ft, that is roughly ₹1.25 crore to ₹1.36 crore.
What is Ready Reckoner rate for shops in Bandivali?
About ₹16,723 per sq ft (₹1,80,000 per sq m) on average, around 1.5 times the flat rate. Offices average ₹1,40,420 per sq m.
Ready Reckoner rates in other Andheri taluka areas
Bandra West
Andheri · flat ₹29,102/sq ft, 157% higher than Bandivali
Kalina
Andheri · flat ₹18,165/sq ft, 60% higher than Bandivali
Madh Island
Andheri · flat ₹6,971/sq ft, 39% lower than Bandivali
Majas
Andheri · flat ₹13,925/sq ft, 23% higher than Bandivali
Parighkhadi
Andheri · flat ₹14,583/sq ft, 29% higher than Bandivali
Andheri East
Andheri · flat ₹15,781/sq ft, 39% higher than Bandivali
See all 76 areas on the Mumbai Suburban Ready Reckoner rate page, or compare Bandivali with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Mumbai Suburban, Andheri, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in