Ready Reckoner Rate In Chembur ◆
1. Introduction Chembur, a prime suburban locality in Mumbai, sits strategically between the Eastern Suburbs and Navi Mumbai. The Ready Reckoner Rate (also known as Circle Rate or Government Valuation) is the minimum value at which property transactions are registered. In Chembur, these rates are revised annually by the Maharashtra government’s Inspector General of Registration. 2. Current Rate Snapshot (Indicative) For FY 2024-25, Chembur’s RRR varies significantly by road width, micro-location, and property type.
| Area / Road Type | Residential (Rs/sq ft) | Commercial (Rs/sq ft) | |----------------|------------------------|------------------------| | (main roads – Sion-Trombay Rd, BARC) | 12,500 – 16,000 | 18,000 – 24,000 | | Chembur West (near Deonar, Mankhurd side) | 10,000 – 13,500 | 15,000 – 20,000 | | Chembur Camp / S.V. Road | 13,000 – 17,000 | 20,000 – 28,000 | | Diamond Garden – P.L. Lokhande Marg | 14,000 – 18,500 | 22,000 – 30,000 |
1. Introduction Chembur, a prime suburban locality in Mumbai, sits strategically between the Eastern Suburbs and Navi Mumbai. The Ready Reckoner Rate (also known as Circle Rate or Government Valuation) is the minimum value at which property transactions are registered. In Chembur, these rates are revised annually by the Maharashtra government’s Inspector General of Registration. 2. Current Rate Snapshot (Indicative) For FY 2024-25, Chembur’s RRR varies significantly by road width, micro-location, and property type.
| Area / Road Type | Residential (Rs/sq ft) | Commercial (Rs/sq ft) | |----------------|------------------------|------------------------| | (main roads – Sion-Trombay Rd, BARC) | 12,500 – 16,000 | 18,000 – 24,000 | | Chembur West (near Deonar, Mankhurd side) | 10,000 – 13,500 | 15,000 – 20,000 | | Chembur Camp / S.V. Road | 13,000 – 17,000 | 20,000 – 28,000 | | Diamond Garden – P.L. Lokhande Marg | 14,000 – 18,500 | 22,000 – 30,000 |
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