Average Ready Reckoner rate for a flat in Paspoli area
₹6,336 per sq ft
₹68,200 per sq m
- Zones
- 4
- In Mumbai Suburban
- 10th lowest
- Applicable from
- 1 Apr 2025
Paspoli Ready Reckoner rate per sq ft by property type
Residential (flat)
₹6,336 per sq ft
₹68,200 per sq m
Same in all 4 zones
Open land (plot)
₹2,693 per sq ft
₹28,990 per sq m
Range by zone ₹2,565–₹2,693
Office
₹7,286 per sq ft
₹78,430 per sq m
Same in all 4 zones
Shops
₹8,408 per sq ft
₹90,500 per sq m
Same in all 4 zones
Industrial
₹6,336 per sq ft
₹68,200 per sq m
Same in all 4 zones
Every zone that lists a flat rate has the same figure, so here the zone matters only for other property types.
Zone wise Ready Reckoner rate in Paspoli area
Ready Reckoner for Paspoli area has 4 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 Kurla 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 |
|---|---|---|---|---|---|---|
| 119/546 | Area: all properties in Paspoli village. | 68,200 | 28,990 | 78,430 | 90,500 | 68,200 |
| 119/546A | Properties with an area of more than 5 hectares. | 68,200 | 27,610 | 78,430 | 90,500 | 68,200 |
| 119/546B | Area: properties in the Isle of Calm by GHP Group project. | 68,200 | 28,990 | 78,430 | 90,500 | 68,200 |
| 119/546C | Area: properties in the L&T Realty Elixir Reserve Powai project. | 68,200 | 28,990 | 78,430 | 90,500 | 68,200 |
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
- ₹63.4 lakh
- 1,000 sq ft × ₹6,336 per sq ft
- Stamp duty (6%)
- ₹3,80,160
- 5% duty + 1% metro cess
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Minimum you pay
- ₹4,10,160
- 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 ₹63.4 lakh, use the stamp duty calculator for Paspoli 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 ₹6,336 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹63.4 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.
Paspoli Ready Reckoner rate FAQs
What is Ready Reckoner rate in Paspoli per sq ft?
₹6,336 per sq ft (₹68,200 per sq m) for a flat. It is the same in every zone that lists it.
Is stamp duty in Paspoli 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 Paspoli's average flat rate has a Ready Reckoner value of about ₹63.4 lakh. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Paspoli changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Paspoli's average flat rate stays at ₹68,200 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Paspoli 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 Paspoli's average ₹6,336 per sq ft, that is roughly ₹69.7 lakh to ₹76 lakh.
What is Ready Reckoner rate for shops in Paspoli?
About ₹8,408 per sq ft (₹90,500 per sq m) on average, around 1.3 times the flat rate. Offices average ₹78,430 per sq m.
Do women pay less stamp duty in Paspoli?
Yes, on homes bought only by women, with no male co-buyer: duty is 1% lower. That saves about ₹63,400 on a ₹63.4 lakh Ready Reckoner value.
Ready Reckoner rates in other Kurla taluka areas
Chembur
Kurla · flat ₹15,171/sq ft, 139% higher than Paspoli
Nahur
Kurla · flat ₹14,218/sq ft, 124% higher than Paspoli
Mahul
Kurla · flat ₹5,125/sq ft, 19% lower than Paspoli
Anik
Kurla · flat ₹9,091/sq ft, 43% higher than Paspoli
Mankhurd
Kurla · flat ₹5,058/sq ft, 20% lower than Paspoli
Kurla
Kurla · flat ₹9,381/sq ft, 48% higher than Paspoli
See all 76 areas on the Mumbai Suburban Ready Reckoner rate page, or compare Paspoli with another area side by side.
Source: Annual Statement of Rates (Ready Reckoner) 2026-27 for Mumbai Suburban, Kurla, Department of Registration and Stamps, Government of Maharashtra. igrmaharashtra.gov.in