Ready Reckoner 200102 Mumbai Guide

: Visit the specific SRO jurisdiction where your property's original deed was or would have been filed. You can submit an application under the Right to Information (RTI) Act or file a formal application for certified copies of the specific 2001-02 Ready Reckoner page.

Let’s assume you are buying a 1,000 sq. ft. (approx 93 sq m) flat in Lokhandwala Complex, Malad West, where the RR rate is ₹1,30,000 per sq m.

For the year 2001-02, these rates served the same fundamental purpose—providing a valuation baseline for the property market. Understanding how they worked then offers a clear perspective on the evolution of Mumbai’s real estate. ready reckoner 200102 mumbai

: According to Section 50C and related clauses, the Fair Market Value adopted as of April 1, 2001, cannot exceed the official Stamp Duty Ready Reckoner rate of that property for the 2001–02 period.

The term "Ready Reckoner" (RR) rate is the official name used in Maharashtra for what is known as "circle rate" or "guidance value" in other parts of India. It is the government-mandated minimum per-square-foot rate below which a property cannot be registered, serving as a benchmark to calculate taxes and prevent undervaluation. : Visit the specific SRO jurisdiction where your

, the standard RR rate for ownership properties is typically used as a starting point, but a tenancy or occupancy discount is then applied by a valuer. Sample Data Point:

A: Generally, no. Parking spaces are often valued separately at a flat rate (usually ₹5 Lakh to ₹10 Lakh for an open car park in 200102), as per the annexure of the RR. Understanding how they worked then offers a clear

: The Maharashtra government implemented an average increase of 3.39% for Mumbai in 2025, with further adjustments of 4-5% expected for the 2026-27 cycle.

If you have a specific need, such as verifying property transactions or calculating duties paid, you might want to look into: