Average Ready Reckoner rate for a flat in Versova area
₹22,152 per sq ft
₹2,38,440 per sq m
- Range by zone
- ₹16,714–₹23,818
- Zones
- 11
- Applicable from
- 1 Apr 2025
Versova Ready Reckoner rate per sq ft by property type
Residential (flat)
₹22,152 per sq ft
₹2,38,440 per sq m
Range by zone ₹16,714–₹23,818
Open land (plot)
₹9,841 per sq ft
₹1,05,925 per sq m
Range by zone ₹3,251–₹11,388
Office
₹25,474 per sq ft
₹2,74,200 per sq m
Range by zone ₹19,221–₹27,390
Shops
₹27,690 per sq ft
₹2,98,050 per sq m
Range by zone ₹20,892–₹29,772
Industrial
₹22,152 per sq ft
₹2,38,440 per sq m
Range by zone ₹16,714–₹23,818
Flat rates in the Versova locality range from ₹16,714 to ₹23,818 per sq ft (₹1,79,910 to ₹2,56,370 per sq m), depending on the zone. The highest is zone 49/235; the lowest is zone 49/237.
Zone wise Ready Reckoner rate in Versova area
Ready Reckoner for Versova area has 11 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 |
|---|---|---|---|---|---|---|
| 49/235 | Jayaprakash Marg north; village boundary east, west and south | 2,56,370 | 1,21,570 | 2,94,820 | 3,20,460 | 2,56,370 |
| 49/235A | Slum-like properties along the southern Juhu boundary | 2,49,840 | 1,07,950 | 2,87,320 | 3,12,300 | 2,49,840 |
| 49/236 | Sea north and west; village boundary east and south; Jayaprakash Marg south | 2,38,440 | 1,22,580 | 2,74,200 | 2,98,050 | 2,38,440 |
| 49/236A | Sea north; village boundary east; 37.60 m DP Rd west; DP Rd south | 2,02,220 | 1,03,900 | 2,32,560 | 2,61,500 | 2,02,220 |
| 49/236B | CRZ-I properties | — | 34,990 | — | — | — |
| 49/236C | CRZ-I properties | — | 44,180 | — | — | — |
| 49/236D | Natural Area properties under Development Plan 2034 | — | 44,180 | — | — | — |
| 49/236E | Natural Area properties under Development Plan 2034 | — | — | — | — | — |
| 49/236F | MHADA layout properties | 2,38,440 | 1,16,740 | 2,74,200 | 2,98,050 | 2,38,440 |
| 49/236G | Properties under the listed CTS numbers | 2,38,440 | 1,16,450 | 2,74,200 | 2,98,050 | 2,38,440 |
| 49/237 | Versova village settlement properties | 1,79,910 | 79,300 | 2,06,890 | 2,24,880 | 1,79,910 |
— 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
- ₹2.22 crore
- 1,000 sq ft × ₹22,152 per sq ft
- Stamp duty (6%)
- ₹13,29,120
- 5% duty + 1% metro cess
- Registration fee (1%)
- ₹30,000
- Capped at ₹30,000
- Minimum you pay
- ₹13,59,120
- 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 ₹2.22 crore, use the stamp duty calculator for Versova 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 ₹22,152 per sq ft here, a 1,000 sq ft resale flat has a Ready Reckoner value of about ₹2.22 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.
Versova Ready Reckoner rate FAQs
What is Ready Reckoner rate in Versova per sq ft?
About ₹22,152 per sq ft (₹2,38,440 per sq m) for a flat in Versova on average. Zone rates run from ₹16,714 to ₹23,818 per sq ft, so use the rate for your own zone.
Which part of Versova has the highest Ready Reckoner rate?
Zone 49/235, “Jayaprakash Marg north; village boundary east, west and south”, at ₹2,56,370 per sq m (about ₹23,818 per sq ft). The lowest is zone 49/237 at ₹1,79,910 per sq m.
Is stamp duty in Versova 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 Versova's average flat rate has a Ready Reckoner value of about ₹2.22 crore. If you pay more than that, duty is on your price.
Has Ready Reckoner rate in Versova changed for 2026-27?
No. The 2026-27 rates are the same as 2025-26, so Versova's average flat rate stays at ₹2,38,440 per sq m. The last change was on 1 April 2025.
Is Ready Reckoner rate in Versova 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 Versova's average ₹22,152 per sq ft, that is roughly ₹2.44 crore to ₹2.66 crore.
What is Ready Reckoner rate for shops in Versova?
About ₹27,690 per sq ft (₹2,98,050 per sq m) on average, around 1.3 times the flat rate. Offices average ₹2,74,200 per sq m.
Ready Reckoner rates in other Andheri taluka areas
Andheri East
Andheri · flat ₹15,781/sq ft, 29% lower than Versova
Majas
Andheri · flat ₹13,925/sq ft, 37% lower than Versova
Vile Parle East
Andheri · flat ₹22,059/sq ft, about the same
Vile Parle West
Andheri · flat ₹25,737/sq ft, 16% higher than Versova
Ambivali
Andheri · flat ₹19,970/sq ft, 10% lower than Versova
Santacruz
Andheri · flat ₹26,384/sq ft, 19% higher than Versova
See all 76 areas on the Mumbai Suburban Ready Reckoner rate page, or compare Versova 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