Average Ready Reckoner rate for a flat in Borivali area
₹13,557 per sq ft
₹1,45,925 per sq m
- Range by zone
- ₹4,537–₹18,425
- Zones
- 38
- Applicable from
- 1 Apr 2025
Borivali Ready Reckoner rate per sq ft by property type
Residential (flat)
₹13,557 per sq ft
₹1,45,925 per sq m
Range by zone ₹4,537–₹18,425
Open land (plot)
₹5,637 per sq ft
₹60,675 per sq m
Range by zone ₹799–₹8,575
Office
₹15,878 per sq ft
₹1,70,910 per sq m
Range by zone ₹5,218–₹21,189
Shops
₹18,520 per sq ft
₹1,99,350 per sq m
Range by zone ₹5,672–₹25,084
Industrial
₹13,557 per sq ft
₹1,45,925 per sq m
Range by zone ₹4,537–₹18,425
Flat rates in the Borivali locality range from ₹4,537 to ₹18,425 per sq ft (₹48,840 to ₹1,98,330 per sq m), depending on the zone. The highest is zone 85/381; the lowest is zone 91/420. Shops are rated about 1.4 times flats, so use the shop column for a ground-floor shop.
Zone wise Ready Reckoner rate in Borivali area
Ready Reckoner for Borivali area has 38 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 Borivali 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 |
|---|---|---|---|---|---|---|
| 76/337 | Area: properties included in the Natural Area use zone as per the approved Development Plan 2034. | — | 8,600 | — | — | — |
| 83/361 | All area west of the railway line, between the railway line and Swami Vivekanand Marg | 1,03,630 | 46,000 | 1,55,100 | 1,70,900 | 1,03,630 |
| 83/362 | All village properties north of Devidas Road | 98,490 | 39,670 | 1,19,900 | 1,51,000 | 98,490 |
| 83/363 | Area bounded by the village boundary to the north, Link Road to the east, L.T. Road (Gorai Road) to the south, and the creek to the west | 1,48,620 | 59,080 | 1,70,910 | 1,85,780 | 1,48,620 |
| 83/363A | Properties identified by CTS number within the sub-zone below | 1,14,900 | 51,430 | 1,41,500 | 1,69,700 | 1,14,900 |
| 83/363B | Properties in the OLD MHB COLONY MHADA complex | 1,48,620 | 50,640 | 1,70,910 | 1,85,780 | 1,48,620 |
| 83/364 | North: village boundary; East: Eksar Road; South: Lokmanya Tilak Road; West: Link Road | 1,44,600 | 59,030 | 1,66,280 | 1,80,740 | 1,44,600 |
| 83/365 | Area bounded by Gorai Road to the north, Link Road to the east, the village boundary to the south, and the creek to the west | 1,08,160 | 44,890 | 1,24,390 | 1,35,200 | 1,08,160 |
| 83/365A | Properties in the MHADA complex | 1,08,160 | 40,400 | 1,24,390 | 1,35,200 | 1,08,160 |
| 83/366 | All village properties west of S.V. Road and south of Lokmanya Tilak Road | 1,56,830 | 66,930 | 1,80,350 | 2,05,400 | 1,56,830 |
| 83/366A | Properties in the final plot numbers of the zone below | 1,56,830 | 60,240 | 1,80,350 | 2,05,400 | 1,60,830 |
| 83/367 | Swami Vivekanand Road | 1,58,610 | 76,510 | 1,94,100 | 2,50,100 | 1,58,610 |
| 83/368 | Lokmanya Tilak Marg (S.V. Road junction to Eksar village's east boundary) | 1,55,280 | 77,100 | 1,84,900 | 2,55,000 | 1,55,280 |
| 83/369 | Lokmanya Tilak Marg (east boundary of zone 83/366 to Link Road) | 1,47,250 | 68,480 | 1,71,600 | 2,26,600 | 1,47,250 |
| 83/370 | Lokmanya Tilak Marg (Link Road to creek) | 1,55,220 | 68,400 | 1,78,500 | 2,07,600 | 1,55,220 |
| 83/371 | Eksar Road | 1,52,110 | 74,000 | 1,74,920 | 2,07,900 | 1,52,110 |
| 83/372 | Chandawarkar Road (S.V. Road to Eksar Road) | 1,41,140 | 68,300 | 1,62,310 | 1,92,300 | 1,41,140 |
| 83/373 | Sodawala Lane (Ekasar Road to Sardar Vallabhbhai Road) | 1,35,050 | 66,930 | 1,55,300 | 1,69,600 | 1,35,050 |
| 83/374 | Vallabhbhai Patel Marg (Chandawarkar Road to Sodawala Lane) | 1,34,120 | 66,420 | 1,73,000 | 2,45,000 | 1,34,120 |
| 83/375 | North: Devidas Marg; East: village boundary; South: Lokmanya Tilak Marg; West: Eksar Marg | 1,73,040 | 70,880 | 1,99,000 | 2,23,100 | 1,73,040 |
| 83/375A | Devidas Road (from Borivali village's west boundary to east boundary) | 1,66,390 | 76,790 | 1,91,340 | 2,23,100 | 1,66,390 |
| 84/376 | Area: all properties of the village to the west of Link Road. | 81,900 | 33,200 | 1,01,800 | 1,30,400 | 81,900 |
| 84/377 | Area: all properties of the village to the east of Link Road. | 1,65,850 | 69,820 | 1,92,400 | 2,70,000 | 1,65,850 |
| 85/378 | Properties of this village between the railway and Swami Vivekananda Road. | 1,34,300 | 54,420 | 1,54,440 | 1,67,870 | 1,34,300 |
| 85/379 | Swami Vivekananda Marg. | 1,25,850 | 61,110 | 1,45,800 | 1,93,300 | 1,25,850 |
| 85/380 | All land of this village to the west of Swami Vivekananda Road and to the south of Lokmanya Tilak Road. | 1,34,450 | 51,780 | 1,54,620 | 1,79,300 | 1,34,450 |
| 85/380A | Separate rate division for properties under slums in the original rate division No. 85/380. | 1,34,450 | 45,980 | 1,54,620 | 1,79,300 | 1,34,450 |
| 85/381 | The portion enclosed by: expressway to the west, village limit to the south and National Park to the north-east. | 1,98,330 | 88,480 | 2,28,080 | 2,47,910 | 1,98,330 |
| 85/381A | Properties in C.T.S. Nos. of the following rate division. | 1,98,330 | 79,630 | 2,28,080 | 2,47,910 | 1,98,330 |
| 85/381B | Separate division for properties under slums. | 1,98,330 | 79,630 | 2,28,080 | 2,47,910 | 1,98,330 |
| 85/382 | Properties included in the Natural Area use zone as per the approved Development Plan 2034 (part of the National Park). | — | 34,960 | — | — | — |
| 85/383 | Kasturba Marg. | 1,14,470 | 48,970 | 1,31,640 | 1,64,700 | 1,14,470 |
| 85/384 | Village limit to the north, expressway to the east, village limit to the south and railway line to the west. | 1,30,660 | 51,370 | 1,50,260 | 2,11,700 | 1,30,660 |
| 85/385 | Western expressway. | 1,73,040 | 92,300 | 2,02,110 | 2,21,000 | 1,75,750 |
| 88/408 | Area: all properties in Mandpeshwar village. | 1,74,600 | 69,260 | 2,00,790 | 2,26,200 | 1,74,600 |
| 88/408A | Area: properties under slums in rate division No. 88/408. | 1,74,600 | 69,260 | 2,00,790 | 2,26,200 | 1,74,600 |
| 91/420 | Area: all properties in Nanole village. | 48,840 | 18,590 | 56,170 | 61,050 | 48,840 |
| 94/429 | Area: all properties in Manbudruk village. | 49,280 | 19,030 | 56,670 | 66,100 | 49,280 |
— 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
- ₹1.36 crore
- 1,000 sq ft × ₹13,557 per sq ft
- Stamp duty (6%)
- ₹8,13,420
- 5% duty + 1% metro cess
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Minimum you pay
- ₹8,43,420
- 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 ₹1.36 crore, use the stamp duty calculator for Borivali 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 ₹13,557 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹1.36 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.
Borivali Ready Reckoner rate FAQs
What is Ready Reckoner rate in Borivali per sq ft?
About ₹13,557 per sq ft (₹1,45,925 per sq m) for a flat in Borivali on average. Zone rates run from ₹4,537 to ₹18,425 per sq ft, so use the rate for your own zone.
Which part of Borivali has the highest Ready Reckoner rate?
Zone 85/381 at ₹1,98,330 per sq m (about ₹18,425 per sq ft). The lowest is zone 91/420 at ₹48,840 per sq m.
Is stamp duty in Borivali 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 Borivali's average flat rate has a Ready Reckoner value of about ₹1.36 crore. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Borivali changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Borivali's average flat rate stays at ₹1,45,925 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Borivali 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 Borivali's average ₹13,557 per sq ft, that is roughly ₹1.49 crore to ₹1.63 crore.
What is Ready Reckoner rate for shops in Borivali?
About ₹18,520 per sq ft (₹1,99,350 per sq m) on average, around 1.4 times the flat rate. Offices average ₹1,70,910 per sq m.
Ready Reckoner rates in other Borivali taluka areas
Malad East
Borivali · flat ₹11,220/sq ft, 17% lower than Borivali
Eksar
Borivali · flat ₹14,049/sq ft, similar rate
Pahadi Eksar
Borivali · flat ₹12,572/sq ft, 7% lower than Borivali
Malad North
Borivali · flat ₹13,711/sq ft, similar rate
Dahisar
Borivali · flat ₹12,457/sq ft, 8% lower than Borivali
Chinchavali
Borivali · flat ₹13,983/sq ft, similar rate
See all 76 areas on the Mumbai Suburban Ready Reckoner rate page, or compare Borivali with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Mumbai Suburban, Borivali, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in