Ready Reckoner 200102 Mumbai __full__ Today
You can visit the local Joint District Registrar office or the stamp duty collection offices in Mumbai to request certified copies of specific pages from the 2001–02 book.
The most direct way is to examine the registered sale deed of the property or a neighboring property from the same year, as it often lists the applicable RR rate.
If a property was purchased before April 1, 2001, the fair market value as of April 1, 2001, is used as the cost of acquisition for calculating capital gains. If purchased between 2001 and 2002, the rates from those years are applied.
In the context of Maharashtra, the "Ready Reckoner Rate" (often abbreviated as RRR) is the minimum price at which a property can be registered. Think of it as the government’s benchmark value for any immovable asset—whether it’s a residential apartment, commercial office, open plot, or industrial land. The Maharashtra government publishes these rates in an Annual Statement of Rates (ASR), often referred to in Marathi as "Bazaar Mulyankan Takta," which is updated for each financial year. ready reckoner 200102 mumbai
The Income Tax Department explicitly dictates that the adopted FMV cannot exceed the official state-published Ready Reckoner Rate evaluated on April 1, 2001.
Assumptions:
Under Section 55 of the Income Tax Act, when calculating long-term capital gains on inherited or long-held property, the cost of acquisition must be determined. If a property changed hands, was evaluated, or had significant modifications around 2001–2002, the RR rate of that specific year serves as an undeniable baseline for indexation and fair market valuation. 2. Resolving Long-Standing Property Disputes You can visit the local Joint District Registrar
: Spans from Colaba up to Mahim and Sion.
While historical rates are fixed for that specific timeframe, understanding the current market momentum is essential for context. The government has actively adjusted rates over the last two years, particularly benefiting from the "200102" area's position within the Thane district for current valuations.
Disclaimer: Rates mentioned are based on historical data and general trends for 200102. Always verify real-time rates with the Sub-Registrar’s office in Bandra or Andheri before executing a sale deed. If purchased between 2001 and 2002, the rates
The (also known as the Annual Statement of Rates) is the official compendium of baseline property values established by the Government of Maharashtra for the financial year spanning April 1, 2001, to March 31, 2002. Decades later, this historical document remains a foundational asset for property owners, legal experts, and tax professionals. It serves as the primary benchmark required to calculate Capital Gains Tax long-term indexation , resolve historical property litigations, and execute fair market valuations under the Income Tax Act of India. What is the Ready Reckoner Rate?
In the government’s digitized land record system, Code 200102 corresponds to a specific residential / commercial sub-locality or village within Mumbai. (Note: Based on typical Maharashtra GIS mapping, 200102 often refers to parts of Worli , Lower Parel (East) , or a defined sub-section of Mumbai’s Island City – please verify with the official IGR Maharashtra portal for exact boundary.)
To understand future valuations, it is important to know how these rates are calculated. The Maharashtra government considers several factors when fixing the rate for a locality, including:
If you want, I can:
These records are typically based on the "Chain and Triangulation Survey (CTS) Number" that defines the precise plot. The government’s official warning on these archived pages is important: these rates are provided for informational purposes, and it is strongly recommended that you verify them with the official Registration and Stamps Department before using them for legal or financial calculations.