: While modern RR rates include floor-wise premiums (e.g., 5% to 20% for higher floors), the 2001 rules had different scales for depreciation based on the age of the building . How to Access Historical 2001–02 Data
Disclaimer: Always verify the exact figure from the official IGR Maharashtra website for the current financial year.
The for needing the 2001-02 data (e.g., a Capital Gains calculation) ready reckoner 200102 mumbai extra quality
: Presence of lifts, swimming pools, or exclusive clubhouses adds a percentage premium to the base RR rate. Built-up Area (BUA) : Mumbai RR rates are strictly applied to the built-up area , typically calculated as Depreciation
If your actual transaction value is more than the Ready Reckoner (including quality loading), the Sub-Registrar can initiate a Section 32A inquiry under the Maharashtra Stamp Act. They may demand proof of the "extra quality" features. : While modern RR rates include floor-wise premiums (e
Q: What is the Ready Reckoner, and how does it relate to property valuation in Mumbai? A: The Ready Reckoner is a comprehensive guide that lists the minimum stamp duty rates for various types of properties in Mumbai. It serves as a benchmark for property valuation.
First, a refresher. The Maharashtra government’s Ready Reckoner (also known as the Annual Statement of Rates) is the minimum value of a property based on its location, use (residential, commercial, industrial), and construction type. It is revised annually by the Inspector General of Registration and Controller of Stamps. Built-up Area (BUA) : Mumbai RR rates are
| Zone Name | Residential Rate (₹ per sq. m.) | Commercial Rate (₹ per sq. m.) | | :--- | :--- | :--- | | | ₹2,40,000 - ₹3,20,000 | ₹3,50,000 - ₹4,50,000 | | Zone 2: Fort & Malabar Hill | ₹2,80,000 - ₹3,50,000 | ₹4,00,000 - ₹5,00,000 | | Zone 3: Breach Candy & Haji Ali | ₹2,50,000 - ₹4,30,000 | ₹3,80,000 - ₹6,00,000 | | Zone 4: Worli & Lower Parel | ₹3,00,000 - ₹6,00,000 | ₹4,50,000 - ₹7,00,000 |