Ready Reckoner 2001-02 Mumbai Upd File
: It defines the minimum value at which a property can be registered. If a sale occurs below this rate, the government charges stamp duty and registration fees based on the RR rate rather than the actual transaction price.
To understand the scale of growth, consider the approximate residential rates in key Mumbai pockets during the 2001-02 cycle: ready reckoner 2001-02 mumbai
As per the 2001-02 Ready Reckoner, Bandra West land rate was ~₹6,000/sq. ft. If the house was 1,000 sq. ft, the FMV in 2001 = ₹60 Lakhs. : It defines the minimum value at which
To understand the numbers in the 2001-02 Ready Reckoner, one must understand the economic climate of Mumbai at the time. Bandra West land rate was ~₹6