Average Ready Reckoner rate for a flat in Pali Hill area
₹42,866 per sq ft
₹4,61,400 per sq m
- Range by zone
- ₹38,579–₹42,866
- Zones
- 5
- In Mumbai Suburban
- 2nd highest
- Applicable from
- 1 Apr 2025
Pali Hill Ready Reckoner rate per sq ft by property type
Residential (flat)
₹42,866 per sq ft
₹4,61,400 per sq m
Range by zone ₹38,579–₹42,866
Open land (plot)
₹22,900 per sq ft
₹2,46,490 per sq m
Range by zone ₹20,610–₹22,900
Office
₹49,295 per sq ft
₹5,30,610 per sq m
Range by zone ₹45,604–₹49,295
Shops
₹53,582 per sq ft
₹5,76,750 per sq m
Range by zone ₹49,570–₹53,582
Industrial
₹42,866 per sq ft
₹4,61,400 per sq m
Range by zone ₹39,657–₹42,866
Flat rates in the Pali Hill locality range from ₹38,579 to ₹42,866 per sq ft (₹4,15,260 to ₹4,61,400 per sq m), depending on the zone. The highest is zone 22/140; the lowest is zone 22/140C.
Zone wise Ready Reckoner rate in Pali Hill area
Ready Reckoner for Pali Hill area has 5 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 |
|---|---|---|---|---|---|---|
| 22/139/1 | Bandra-C village settlement properties | 4,26,860 | 2,34,270 | 4,90,880 | 5,33,570 | 4,26,860 |
| 22/140 | Village boundary north, Dr. Ambedkar Marg east, Pali Mala Road south, sea/Carter Road west | 4,61,400 | 2,46,490 | 5,30,610 | 5,76,750 | 4,61,400 |
| 22/140/1 | Bandra-C village settlement properties | 4,61,400 | 2,46,490 | 5,30,610 | 5,76,750 | 4,61,400 |
| 22/140B | Pali Mala Road north, Dr. Ambedkar Marg east, Perry Road south, sea/Carter Road west | 4,61,400 | 2,46,490 | 5,30,610 | 5,76,750 | 4,61,400 |
| 22/140C | Properties under the specified CTS numbers | 4,15,260 | 2,21,840 | 5,30,610 | 5,76,750 | 4,61,400 |
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
- ₹4.29 crore
- 1,000 sq ft × ₹42,866 per sq ft
- Stamp duty (6%)
- ₹25,71,960
- 5% duty + 1% metro cess
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Minimum you pay
- ₹26,01,960
- 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 ₹4.29 crore, use the stamp duty calculator for Pali Hill 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 ₹42,866 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹4.29 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.
Pali Hill Ready Reckoner rate FAQs
What is Ready Reckoner rate in Pali Hill per sq ft?
About ₹42,866 per sq ft (₹4,61,400 per sq m) for a flat in Pali Hill on average. Zone rates run from ₹38,579 to ₹42,866 per sq ft, so use the rate for your own zone.
Which part of Pali Hill has the highest Ready Reckoner rate?
Zone 22/140 at ₹4,61,400 per sq m (about ₹42,866 per sq ft). The lowest is zone 22/140C at ₹4,15,260 per sq m.
Is stamp duty in Pali Hill 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 Pali Hill's average flat rate has a Ready Reckoner value of about ₹4.29 crore. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Pali Hill changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Pali Hill's average flat rate stays at ₹4,61,400 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Pali Hill 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 Pali Hill's average ₹42,866 per sq ft, that is roughly ₹4.72 crore to ₹5.14 crore.
What is Ready Reckoner rate for shops in Pali Hill?
About ₹53,582 per sq ft (₹5,76,750 per sq m) on average, around 1.3 times the flat rate. Offices average ₹5,30,610 per sq m.
Ready Reckoner rates in other Andheri taluka areas
Andheri East
Andheri · flat ₹15,781/sq ft, 63% lower than Pali Hill
Majas
Andheri · flat ₹13,925/sq ft, 68% lower than Pali Hill
Juhu
Andheri · flat ₹37,466/sq ft, 13% lower than Pali Hill
Carter Road
Andheri · flat ₹43,578/sq ft, similar rate
Linking Road
Andheri · flat ₹37,256/sq ft, 13% lower than Pali Hill
Khar Danda
Andheri · flat ₹34,929/sq ft, 19% lower than Pali Hill
See all 76 areas on the Mumbai Suburban Ready Reckoner rate page, or compare Pali Hill 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