Navi Mumbai Municipal Corporation
Letting Rates for built-up area for fixation of Rateable Value
Residential (2015-16)
Wards
I. (a) A,B,C & D WARDS CIDCO DEVELOPED NODE
Upto 20 sq. mtrs. for economically weaker section
CIDCO built tenements other than EWS, EGS, MIG
Row house (RH) type tenements
Bunglows, and Co.op Hsg. Buildings Consisting of Row houses,
Schools & College Buildings and other Charitable Institutions
Buildings like Public Hospitals, sanatorium
Medical/ Engineering/ Management Institutes
Societies upto 7 floors
Societies above 1000 sq.meteres
Societies above 7 floors
[b]
A,B,C & D WARDS(VILLAGE AREA AND OLD GAOTHAN.
RCC houses, houses swith tenements of different size and
independent houses.
(c) A,B,C & D WARDS G.E.S.
RCC houses, Co-op Societies. (Upto 300 sq. meters)
RCC houses, Co-op Societies. (Above 300 sq. meters)
II. (a) E, F & G WARDS CIDCO DEVELOPED NODE
upto 20 sq. mtrs. for economically weaker section
CIDCO built tenements above 20 sq. mtrs.
Row House type tenements
Bunglows, and Co.op Hsg. Buildings Consisting of Row houses,
Schools & College Buildings and other Charitable Institutions
Buildings like Public Hospitals, sanatorium
Medical/ Engineering/ Management Institutes
Societies upto 7 floors
Societies above 7 floors
[b] E,F,G & H WARDS VILLAGE AREA AND OLD GAOTHAN.
RCC houses
Load Bearing houses
Tiled Houses
Bungalows/ Row Houses – RCC
Kachha house (Hut)
(c) E.F.G & H WARDS G.E.S.
RCC houses, Co-op Societies. (Upto 300 sq. meters)
RCC houses, Co-op Societies. (Above 300 sq. meters)
Rate per sq.
meter p.m
16.50
22.00
27.50
38.50
55.00
22.00
25.00
27.50
13.75
15.50
18.50
13.75
18.50
25.00
38.50
55.00
19.50
22.00
10.00
8.50
6.00
11.00
3.50
13.50
16.50
For Commercial Use:- (Rate Rs. Per sq. meter per month) (2015-16)
Description
CBD
Nerul
Vashi
Turbhe
Koper
Khairne
Ghansoli
Airoli
Digha
1) Shops on Internal
Roads
2)Shops
and
small
professional
offices,
Cold storages, Godown,
Ware houses and bakery,
Show room-cum-shops,
lodges, private Nursing
Houses,
Coaching
classes,
Dispensary
including
Doctors
consulting rooms etc.
Hotels without bar
3) Bldg. Consisting of
administrative
offices
departmental
stores,
hotels
with
bar,
Restaurant
etc.,
Exclusive Show rooms
Non-schedule banks.
4)
Scheduled &
Nationalised Banks, star
hotels & Large Adm.
Offices of Pub. Sectors
& large inds.
5) Service industries
including timber depot,
printing press, flour
mills, workshops, etc.
6) G.E.S.
Shops & workshops
RCC Hotel & Bars
RCC Banks
7)VILLAGES
a) RCC Shops
b) RCC Hotels &
Bars
c) RCC Banks
d) RCC Workshops
60.50
60.50
60.50
60.50
55.00
50.00
55.00
38.50
71.50
71.50
71.50
71.50
61.50
55.00
60.50
33.00
82.50
77.00
77.00
77.00
71.50
66.00
71.50
55.00
132.50
132.50
132.50
132.50
126.50
110.00
112.00
110.00
60.50
60.50
60.50
60.50
55.00
44.00
49.50
33.00
49.50
60.50
82.50
49.50
60.50
82.50
49.50
60.50
82.50
49.50
60.50
82.50
44.00
49.50
71.50
44.00
44.00
71.50
44.00
49.50
71.50
44.00
44.00
71.50
38.50
38.50
38.50
38.50
38.50
33.00
38.50
33.00
49.50
49.50
49.50
49.50
38.50
38.50
38.50
33.00
77.00
38.50
77.00
38.50
77.00
38.50
77.00
38.50
66.00
33.00
60.50
27.50
66.00
33.00
60.50
27.50
NOTE: For non-RCC shops and Non-RCC hotels the rates will be 50% of the rates
shown under category 7(a) and 6(b).
 For Foreign Banks & others than Nationalised Banks which is lease out
RV will be fixed by adopting 2 times rate as well as 1.5 % more of the
applicable rate mentioned under column 4.
 In case of properties along main roads and palm-beach road letting rate
will be adopted 50% more of the normal applicable rate.
 In case of Co.op Hsg. Societies, Buildings above 5000 sq.meters with
Luxurious amenities 1.5 times rate will be adopted of the normal
applicable rate
 Poultry sheds @ Rs.15/- per sq. meter per month.
 Approved stalls in nodes constructed in CIDCO market:
 Rs.300/- p.m. for area upto
10 sq.mtrs.
 Rs.500/- p.m. for area above 10 sq.mtrs.
 Those residential tenements converted fully for commercial use are to be
assessed two times of the residential letting rate.
 Plot of land & L.U.C. properties will be charged at residential rates.
 Letting rate for mezzanine floor will be 50% of the normal rate applicable
to the premises in which mezzanine floor exists.
 In the case of addition to the existing buildings, rate adopted should be the
average rate of original rate and present rate.
 While assessing the building the date of assessment would be the date of
actual possession or the date of electric/Water connection, whichever is
earlier instead of the date of occupancy or BCC.
RATES FOR FACTORIES IN MIDC AREA :-`
RCC- Factory & Cold storage
Rs.72.00/-per sq.mtr.p.m.
RCC/AC factory & cold storage
Rs.61.00/-per sq.mtr.p.m.
AC sheds (Non-RCC)
Rs.50.00/-per sq.mtr.p.m.
Lean Shed
Rs.28.00/-per sq.mtr.p.m.
Storage tanks
Rs.28.00/-
Assessor & Collector
Navi Mumbai Municipal Corporation