For the most accurate and current information, I recommend checking the official website of the Government of Maharashtra or consulting with a local real estate expert or lawyer.
Mumbai is divided into , prabhags (zones), and individual roads/lanes. The RRR varies dramatically by:
The RRR serves as a benchmark to ensure transparency and prevent tax evasion through under-reporting. Maharashtra Ready Reckoner Rate 2026
To calculate the stamp duty and registration charges, you can use the following formula:
For example, if you buy a residential property in Central Mumbai with a value of ₹1 crore and the RRR is ₹1,20,000 per sq. meter: