Average Ready Reckoner rate for a flat in Charkop area
₹14,166 per sq ft
₹1,52,480 per sq m
- Zones
- 2
- Applicable from
- 1 Apr 2025
Charkop Ready Reckoner rate per sq ft by property type
Residential (flat)
₹14,166 per sq ft
₹1,52,480 per sq m
1 zone
Open land (plot)
₹4,044 per sq ft
₹43,525 per sq m
Range by zone ₹2,301–₹5,786
Office
₹16,291 per sq ft
₹1,75,350 per sq m
1 zone
Shops
₹17,707 per sq ft
₹1,90,600 per sq m
1 zone
Industrial
₹14,166 per sq ft
₹1,52,480 per sq m
1 zone
Zone wise Ready Reckoner rate in Charkop area
Ready Reckoner for Charkop area has 2 zones. They are described in words, 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.
| Zone | Area covered | Flat₹/sq m | Open plot₹/sq m | Office₹/sq m | Shop₹/sq m | Industrial₹/sq m |
|---|---|---|---|---|---|---|
| 80/357 | Area: all properties in Charkop village. | 1,52,480 | 62,280 | 1,75,350 | 1,90,600 | 1,52,480 |
| 80/357A | Area: properties included in the CRZ-I zone. | — | 24,770 | — | — | — |
— 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 flat rate.
- Ready Reckoner value
- ₹1.42 crore
- 1,000 sq ft × ₹14,166 per sq ft
- Stamp duty (6%)
- ₹8,49,960
- 5% duty + 1% metro cess
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Minimum you pay
- ₹8,79,960
- 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 ₹1.42 crore, use the stamp duty calculator for Charkop 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 ₹14,166 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹1.42 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.
Charkop Ready Reckoner rate FAQs
What is Ready Reckoner rate in Charkop per sq ft?
₹14,166 per sq ft (₹1,52,480 per sq m) for a flat.
Is stamp duty in Charkop 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 Charkop's flat rate has a Ready Reckoner value of about ₹1.42 crore. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Charkop changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Charkop's flat rate stays at ₹1,52,480 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Charkop 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 Charkop's average ₹14,166 per sq ft, that is roughly ₹1.56 crore to ₹1.7 crore.
What is Ready Reckoner rate for shops in Charkop?
About ₹17,707 per sq ft (₹1,90,600 per sq m) on average, around 1.3 times the flat rate. Offices average ₹1,75,350 per sq m.
Do women pay less stamp duty in Charkop?
Yes, on homes bought only by women, with no male co-buyer: duty is 1% lower. That saves about ₹1.42 lakh on a ₹1.42 crore Ready Reckoner value.
Ready Reckoner rates in other Borivali taluka areas
Borivali
Borivali · flat ₹13,557/sq ft, similar rate
Malad East
Borivali · flat ₹11,220/sq ft, 21% lower than Charkop
Eksar
Borivali · flat ₹14,049/sq ft, about the same
Magathane
Borivali · flat ₹14,625/sq ft, similar rate
Chinchavali
Borivali · flat ₹13,983/sq ft, similar rate
Kandivali
Borivali · flat ₹14,665/sq ft, similar rate
See all 76 areas on the Mumbai Suburban Ready Reckoner rate page, or compare Charkop 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