Average Ready Reckoner rate for a flat in Dharavi area
₹9,825 per sq ft
₹1,05,750 per sq m
- Range by zone
- ₹7,900–₹9,833
- Zones
- 6
- In Mumbai City
- Lowest flat rate
- Applicable from
- 1 Apr 2025
Dharavi Ready Reckoner rate per sq ft by property type
Residential (flat)
₹9,825 per sq ft
₹1,05,750 per sq m
Range by zone ₹7,900–₹9,833
Open land (plot)
₹3,145 per sq ft
₹33,855 per sq m
Range by zone ₹2,716–₹3,940
Office
₹11,299 per sq ft
₹1,21,620 per sq m
Range by zone ₹9,084–₹11,308
Shops
₹12,281 per sq ft
₹1,32,190 per sq m
Range by zone ₹9,875–₹12,292
Industrial
₹9,825 per sq ft
₹1,05,760 per sq m
Range by zone ₹7,900–₹9,833
Flat rates in the Dharavi locality range from ₹7,900 to ₹9,833 per sq ft (₹85,030 to ₹1,05,840 per sq m), depending on the zone. The highest is zone 18/122; the lowest is zone 18/122A.
Zone wise Ready Reckoner rate in Dharavi area
Ready Reckoner for Dharavi area has 6 zones. They are described by 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 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 |
|---|---|---|---|---|---|---|
| 18/122 | Area: east of the Central Railway line, west of the Western Railway line, north of the Mumbai City limit and south of the Harbour Railway line. | 1,05,840 | 34,680 | 1,21,720 | 1,32,310 | 1,05,840 |
| 18/122A | Area: the triangular area east of the Central Railway line, west of the Western Railway line and north of the Harbour Railway line. | 85,030 | 29,230 | 97,780 | 1,06,290 | 85,030 |
| 18/122B | Road: Dharavi Road. | 93,100 | 42,410 | 1,07,060 | 1,16,370 | 93,100 |
| 18/122C | Area: properties included in the CRZ-I area. | — | 33,030 | — | — | — |
| 18/122D | Area: properties included in the Gulraj Paradise housing project. | 1,05,750 | 33,020 | 1,21,620 | 1,32,190 | 1,05,760 |
| 18/122E | Area: properties in the Prince Tower project. | 1,05,840 | 34,680 | 1,21,720 | 1,32,310 | 1,05,840 |
— 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
- ₹98.3 lakh
- 1,000 sq ft × ₹9,825 per sq ft
- Stamp duty (6%)
- ₹5,89,500
- 5% duty + 1% metro cess
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Minimum you pay
- ₹6,19,500
- 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 ₹98.3 lakh, use the stamp duty calculator for Dharavi 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 ₹9,825 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹98.3 lakh, 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.
Dharavi Ready Reckoner rate FAQs
What is Ready Reckoner rate in Dharavi per sq ft?
About ₹9,825 per sq ft (₹1,05,750 per sq m) for a flat in Dharavi on average. Zone rates run from ₹7,900 to ₹9,833 per sq ft, so use the rate for your own zone.
Which part of Dharavi has the highest Ready Reckoner rate?
Zone 18/122 at ₹1,05,840 per sq m (about ₹9,833 per sq ft). The lowest is zone 18/122A at ₹85,030 per sq m.
Is stamp duty in Dharavi 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 Dharavi's average flat rate has a Ready Reckoner value of about ₹98.3 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Dharavi changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Dharavi's average flat rate stays at ₹1,05,750 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Dharavi 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 Dharavi's average ₹9,825 per sq ft, that is roughly ₹1.08 crore to ₹1.18 crore.
What is Ready Reckoner rate for shops in Dharavi?
About ₹12,281 per sq ft (₹1,32,190 per sq m) on average, around 1.3 times the flat rate. Offices average ₹1,21,620 per sq m.
Ready Reckoner rates in other Mumbai City areas
Lower Parel
Mumbai City · flat ₹30,285/sq ft, 208% higher than Dharavi
Fort
Mumbai City · flat ₹30,008/sq ft, 205% higher than Dharavi
Wadala Salt Pan
Mumbai City · flat ₹12,172/sq ft, 24% higher than Dharavi
Mandvi
Mumbai City · flat ₹15,248/sq ft, 55% higher than Dharavi
Mazgaon
Mumbai City · flat ₹15,382/sq ft, 57% higher than Dharavi
Bhuleshwar
Mumbai City · flat ₹17,804/sq ft, 81% higher than Dharavi
See all 20 areas on the Mumbai City Ready Reckoner rate page, or compare Dharavi 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