Kharghar is a well-developed residential node present in Raigad district’s Navi Mumbai. Developed by the City and Industrial Development Corporation (Cidco), Kharghar falls under the jurisdiction of Panvel Municipal Corporation (PMC). Known as the educational hub of Navi Mumbai, Kharghar is a liquor free zone.
See also: What is circle rate in CBD Belapur, Navi Mumbai?
What is Ready Reckoner Rate ?
The lowest value at which a person can register a property is known as the ready reckoner rate. In Maharashtra, the ready reckoner rate is often known as the annual statement rate (ASR). Stamp duty and registration charges of a property are determined based on ASR. Circle rate is also known as the guidance value, guidelines value, or the ready reckoner rate in different parts of the country.
The ASR is divided into three types- rural, urban and influence areas.
Urban area: This area falls under the Municipal Corporation, Municipal Council, Nagar Panchayat or Cantonment Board area.
Influence area: This area falls under the Municipal Corporation, Municipal Council, Nagar Panchayat or Cantonment Board area. This area gets a boost and shows good growth and can be defined as the growth centre of the location.
Rural area: The areas that fall outside the urban and the influence areas are part of the rural area.
How to check the Kharghar ready reckoner rate?
- You can get an idea about the Kharghar ready reckoner rate by checking the IGR Maharashtra website at https://igrmaharashtra.gov.in/Home .
- Click on e-ASR and you will reach here:
- As Kharghar falls under the Raigad district, click on Raigad.
Next select the district, Taluka, village and proceed to check the ASR.
Ready reckoner rate in Kharghar – Residential
| Locality | Rates |
| Kharghar | Rs 88,700 |
Ready reckoner rate in Kharghar – Commercial
| Locality | Rates |
| Kharghar | Rs 97,600 |
Ready reckoner rate in Kharghar – Shop
| Locality | Rates |
| Kharghar | Rs 1,15,000 |
Ready reckoner rate in Kharghar – Land
| Locality | Rates |
| Kharghar | Rs 40,500 |
Ready reckoner rate in Kharghar – Industrial
| Locality | Rates |
| Kharghar | Rs 97,600 |
Kharghar: Location and connectivity
Kharghar is one of the biggest nodes in Navi Mumbai with landmarks, such as the Central Park and the Golf Course. It is surrounded by the Pandavkada hills, famous for its waterfalls especially during the rainy season. A well-planned location, Kharghar extends to Sector-35 after that the neighbouring area Taloja starts.
Kharghar is well-connected to other parts of Mumbai and Navi Mumbai by road and the Harbour Railway Network. The recently inaugurated Navi Mumbai Metro covers the entire Kharghar. While it starts from Belapur and terminates at Pendhar, the metro route (Line 1) is 11 km long and passes through Kharghar.
Kharghar also enjoys connectivity with the Mumbai-Pune Expressway and the Sion-Panvel Highway. It is also close to the Navi Mumbai International Airport (NMIA), presently under-construction.
Neighbouring localities of Kharghar include Belapur CBD, Taloja, Roadpali, Kamote, etc. Reputed educational institutions, such as DAV Public School, B.D. Somani International School, Bal Bharti Public School, Vishwajyot High School, and Pre-school are in Kharghar. Kharghar has the Medicity hospital. The MGM Institute of Health Sciences at Belapur is around 5-10 minutes from Kharghar.
Why should you invest in Kharghar?
A well-developed node, Kharghar has the presence of reputed developers, known for quality construction. The area has excellent gated communities that are self-sufficient in all aspects. Properties across configurations and budgets are available here. As part of the development here, Cidco has plans to develop the Navi Mumbai Corporate Park on the lines of the Bandra-Kurla Complex. This is expected to be developed in an area of around 200 hectare, including Central Park and Gold Course.
Kharghar: Real estate prices
According to Housing.com, the average price for buying an apartment at Kharghar is Rs 9,685 with price ranging between Rs 3,703 and Rs 21,111 per square feet. If you are looking at renting a property here, the average rent is Rs 35,685, with the rent price range between Rs 7,500 and Rs 100,000.
FAQs
What is ready reckoner rate known as in Maharashtra?
The ready reckoner rate is known as annual statement rate (ASR) in Maharashtra.
What is the formula to calculate the property value?
Property value = build up area in square metres X ready reckoner rate for the locality per square metre (in Rs).
Where can you check the annual statement rate (ASR) for a location in Maharashtra?
You can check the ASR under the e-ASR tab listed under stamps on the IGR Maharashtra portal homepage.
Which city is Kharghar node a part of?
Kharghar node is the part of Navi Mumbai.
Which are the neighbouring areas of Kharghar?
The neighbouring areas of Kharghar include Belapur, Seawoods, Kamote, Roadpali, Taloja, etc.
Where can you pay the Kharghar property tax?
As the Kharghar node falls under the Panvel Municipal Corporation (PMC), the property tax Kharghar should be paid online on the Panvel Municipal Corporation portal, or by visiting one of the ward offices of the PMC.
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With 16+ years of experience in various sectors, of which more than ten years in real estate, Anuradha Ramamirtham excels in tracking property trends and simplifying housing-related topics such as Rera, housing lottery, etc. Her diverse background includes roles at Times Property, Tech Target India, Indiantelevision.com and ITNation. Anuradha holds a PG Diploma degree in Journalism from KC College and has done BSc (IT) from SIES. In her leisure time, she enjoys singing and travelling.
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