Average Ready Reckoner rate for a flat in Marol area
₹16,197 per sq ft
₹1,74,340 per sq m
- Range by zone
- ₹9,464–₹17,007
- Zones
- 12
- Applicable from
- 1 Apr 2025
Marol Ready Reckoner rate per sq ft by property type
Residential (flat)
₹16,197 per sq ft
₹1,74,340 per sq m
Range by zone ₹9,464–₹17,007
Open land (plot)
₹7,636 per sq ft
₹82,195 per sq m
Range by zone ₹4,740–₹10,232
Office
₹18,708 per sq ft
₹2,01,370 per sq m
Range by zone ₹10,884–₹22,259
Shops
₹20,426 per sq ft
₹2,19,860 per sq m
Range by zone ₹12,988–₹27,374
Industrial
₹16,197 per sq ft
₹1,74,340 per sq m
Range by zone ₹9,464–₹17,007
Flat rates in the Marol locality range from ₹9,464 to ₹17,007 per sq ft (₹1,01,870 to ₹1,83,060 per sq m), depending on the zone. The highest is zone 43/219G; the lowest is zone 43/218.
Zone wise Ready Reckoner rate in Marol area
Ready Reckoner for Marol area has 12 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 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 |
|---|---|---|---|---|---|---|
| 43/217 | Road: Mathuradas Vasanji Marg. | 1,80,380 | 99,900 | 2,07,440 | 2,55,110 | 1,80,380 |
| 43/217A | Area: properties of CSIA in the original rate division No. 43/217. | 1,80,380 | 1,04,890 | 2,28,180 | 2,80,620 | 1,80,380 |
| 43/217A A | Area: commercial hotels in the 43/217A CSIA zone. | 1,80,380 | 1,10,140 | 2,39,590 | 2,94,650 | 1,80,380 |
| 43/218 | Area: village boundary to the north, Tulshi pipe line to the east, village boundary to the south and west. | 1,01,870 | 51,020 | 1,17,150 | 1,39,800 | 1,01,870 |
| 43/219 | Area: the properties between: Mauje Parjapur village boundary to the north, Marol Maroshi Road to the east, Kolekalyan, Mohili and Kurla village boundaries to the south, and Bapnale, Sahar and Kondivte village boundaries to the west. | 1,74,340 | 80,190 | 2,00,490 | 2,17,920 | 1,74,340 |
| 43/219A | Area: properties in the following CTS Nos. | 1,75,870 | 91,270 | 2,02,250 | 2,21,800 | 1,75,870 |
| 43/219B | Area: the properties between: Mauje Parjapur and Tungwa village boundaries to the north, village boundary to the east, Marol Maroshi Road to the west and Military Road to the south. | 1,74,340 | 80,190 | 2,00,490 | 2,17,920 | 1,74,340 |
| 43/219C | Area: the properties between: Military Road to the north, Makhwana Road to the east, Marol Maroshi Road to the west and Lok Bharti Road to the south. | 1,74,340 | 80,190 | 2,00,490 | 2,17,920 | 1,74,340 |
| 43/219D | Area: the properties between: Lok Bharti Road to the north, Marol Corporate Industrial Estate Road to the east, Marol Maroshi Road to the west and Mathuradas Vasanji Marg to the south. | 1,74,340 | 80,190 | 2,00,490 | 2,17,920 | 1,74,340 |
| 43/219E | Area: the properties between: Military Road to the north, Saki village boundary to the east, Makhwana Road and Marol Corporate Industrial Estate Road to the west, and Mathuradas Vasanji Marg to the south. | 1,74,340 | 80,190 | 2,00,490 | 2,17,920 | 1,74,340 |
| 43/219F | Area: properties of CSIA in the original rate division No. 43/219. | 1,74,340 | 84,200 | 2,20,540 | 2,39,720 | 1,74,340 |
| 43/219G | Area: properties included in the Vasant Oasis project situated in an area of more than two hectares. | 1,83,060 | 84,200 | 2,10,510 | 2,28,820 | 1,83,060 |
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
- ₹1.62 crore
- 1,000 sq ft × ₹16,197 per sq ft
- Stamp duty (6%)
- ₹9,71,820
- 5% duty + 1% metro cess
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Minimum you pay
- ₹10,01,820
- 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 ₹1.62 crore, use the stamp duty calculator for Marol 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 ₹16,197 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹1.62 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.
Marol Ready Reckoner rate FAQs
What is Ready Reckoner rate in Marol per sq ft?
About ₹16,197 per sq ft (₹1,74,340 per sq m) for a flat in Marol on average. Zone rates run from ₹9,464 to ₹17,007 per sq ft, so use the rate for your own zone.
Which part of Marol has the highest Ready Reckoner rate?
Zone 43/219G at ₹1,83,060 per sq m (about ₹17,007 per sq ft). The lowest is zone 43/218 at ₹1,01,870 per sq m.
Is stamp duty in Marol 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 Marol's average flat rate has a Ready Reckoner value of about ₹1.62 crore. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Marol changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Marol's average flat rate stays at ₹1,74,340 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Marol 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 Marol's average ₹16,197 per sq ft, that is roughly ₹1.78 crore to ₹1.94 crore.
What is Ready Reckoner rate for shops in Marol?
About ₹20,426 per sq ft (₹2,19,860 per sq m) on average, around 1.3 times the flat rate. Offices average ₹2,01,370 per sq m.
Ready Reckoner rates in other Andheri taluka areas
Majas
Andheri · flat ₹13,925/sq ft, 14% lower than Marol
Bandra West
Andheri · flat ₹29,102/sq ft, 80% higher than Marol
Andheri East
Andheri · flat ₹15,781/sq ft, similar rate
Chakala
Andheri · flat ₹17,619/sq ft, 9% higher than Marol
Parighkhadi
Andheri · flat ₹14,583/sq ft, 10% lower than Marol
Kalina
Andheri · flat ₹18,165/sq ft, 12% higher than Marol
See all 76 areas on the Mumbai Suburban Ready Reckoner rate page, or compare Marol 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