Maharashtra (Mumbai, Navi Mumbai and Thane)

Property valuers in Mumbai

Mumbai property valuers issue registered-valuer reports for visa and immigration files, capital gains on sale, fair market value as on 1 April 2001, redevelopment, bank loans and family partition across Mumbai city and suburbs, Navi Mumbai and Thane. A visa valuation of a Mumbai flat costs ₹10,000–₹18,000 and is delivered within 24–72 hours; capital gains reports follow the Rule 248 ceiling (₹11,250 for a ₹1 crore flat) and take three to five working days including inspection. Maharashtra's stamp-duty benchmark is the ready reckoner rate published by the IGR each April; for FY 2026-27 the rates were kept unchanged, so the gap between reckoner and market value varies sharply between old society buildings and new towers.

Stamp-duty benchmark

Ready reckoner rate, igrmaharashtra.gov.in (Inspector General of Registration and Controller of Stamps, Maharashtra (IGR)). Annual Statement of Rates by village/zone; revised every 1 April; unchanged for FY 2026-27.

Stamp duty

6% (men) / 5% (women) including 1% metro cess + 1% registration fee (max ₹30,000)

Visa valuation

₹6,000 – ₹10,000 · 24–72 hours

Capital gains / FMV 2001

₹10,000 – ₹20,000 (Rule 248 ceiling applies) · 3–5 working days

Bank loan

₹10,000 – ₹15,000 · 2–4 working days

Land records cited

Property card (city survey) for Mumbai city; 7/12 extract for outer areas; Society share certificate and NOC; Occupation certificate (OC) and approved plan; CTS number and building completion certificate

Valuation by purpose in Mumbai

Other purposes: FMV 2001 valuation, Net worth certificate, Valuation report, Income tax valuation, Court valuation, Stamp duty valuation, Rental & insurance valuation.

Registered valuers covering Mumbai

What is specific to Mumbai

• Ready reckoner (Annual Statement of Rates) values for FY 2026-27 were frozen at FY 2025-26 levels after the March 2026 announcement; localities near Metro Line 3, the Coastal Road and Navi Mumbai airport had the largest increases in the previous revision.
• Stamp duty in Mumbai is 6% for men (5% plus 1% metro cess) and 5% for women, with a 1% registration fee capped at ₹30,000.
• Co-operative society flats are valued on carpet area; the report cites the society share certificate, occupation certificate and, for pre-1990 buildings, redevelopment status, which affects value materially.
• Pagdi (tenanted) premises, SRA flats with lock-in periods and MHADA flats carry transfer restrictions that valuers must state; embassies and assessing officers read these notes.
• Navi Mumbai (CIDCO) and Thane use the same IGR reckoner but different zone rates; valuers registered in Maharashtra cover the whole MMR.

Localities we regularly value

Andheri · Bandra · Borivali · Powai · Malad · Goregaon · Chembur · Mulund · Lower Parel · Worli · Dadar · Thane (Ghodbunder Road, Majiwada) · Navi Mumbai (Vashi, Kharghar, Panvel) · Mira Road

Also covered: Navi Mumbai, Thane, Kalyan-Dombivli, Mira-Bhayandar, Panvel.

Documents a Mumbai valuer will ask for

• Agreement for sale (registered) and chain
• Society share certificate and maintenance bill
• Occupation certificate or completion certificate
• BMC property-tax bill
• Electricity bill (Adani/BEST/MSEDCL)

Other cities

Last reviewed 6 September 2026 by ValuerDekho editorial team. Regulatory references are to the Income-tax Act 2025 and Income-tax Rules 2026 (in force from 1 April 2026) with the former 1961-Act section numbers in brackets. This is general information, not tax or legal advice.