: ₹88,400 – ₹1,96,900 per sq. meter Residential Land : ₹40,000 – ₹1,24,700 per sq. meter Office Space : ₹99,000 – ₹2,21,300 per sq. meter Shops/Commercial : ₹1,51,200 – ₹2,88,500 per sq. meter Industrial Units : ₹88,400 – ₹1,96,900 per sq. meter Stamp Duty & Registration (2026)
For tax purposes, the government allows the Fair Market Value of an asset as of April 1, 2001, to be used as the base cost for properties acquired before that date. Therefore, the 2001–2002 Ready Reckoner book is the primary evidence used by government-approved valuers to generate valuation reports. How to Find Archived 2001–2002 RR Rates
While a 2001–2002 regulatory book may initially seem outdated, it remains an indispensable asset for property owners, chartered accountants, and real estate developers today. Its modern-day relevance is heavily anchored to and determining the Fair Market Value (FMV) of legacy Mumbai properties. Why the Fiscal Year 2001-02 Matters Today ready reckoner 200102 mumbai
To understand its weight, imagine a story of a young family, the Malhotras, trying to buy their first 1BHK in Dongri . The "Hidden" Price Tag
To the uninitiated, the term was government jargon. But in Mumbai, the Ready Reckoner was the Bible. Published by the Stamp Duty and Registration Department, it set the minimum market value of land and properties across the city. It was the line in the sand drawn by the state. : ₹88,400 – ₹1,96,900 per sq
If you sell an immovable property acquired before April 1, 2001, Indian Income Tax law permits you to substitute your original, decades-old purchase price with the . This baseline shift significantly lowers your taxable capital gains.
: If you sell a property today that was bought before April 2001, you can replace your original purchase price with the 2001 Ready Reckoner rate to reduce your tax liability. Official Benchmark meter Shops/Commercial : ₹1,51,200 – ₹2,88,500 per sq
Note: Since “200102” appears to combine a potential year (2001) and zone code (102), please note that the actual RR for 2001 is obsolete. Below is a representative structure based on recent RR rates for the same zone to explain how it works.
Vikram looked at the faded calendar on the peeling yellow wall. . The dawn of a new millennium. He remembered the fireworks just two nights ago, lighting up the Queen’s Necklace. He had stood by his taxi at Marine Drive, watching the