Ready Reckoner Rate Mumbai 2001 Page

The base RR rate for 2001 was approximately ₹18,000 per sq. mt. on Built-Up Area (BUA).

Official digital records for Mumbai's Ready Reckoner rates typically exist from 2007 onwards (when the system was fully digitized and revised under the current formula). Data for 2001 is extremely rare in the public domain. It was available only as physical government gazettes or floppy disks/CD-ROMs issued by the Inspector General of Registration (IGR). ready reckoner rate mumbai 2001

If you sold a property in 2023 that was originally acquired before 2001, the assessing officer may ask for proof of 2001 FMV. A certified copy of the 2001 RR rate list serves as that proof. The base RR rate for 2001 was approximately ₹18,000 per sq

The serves as a vital historical benchmark for property owners, primarily due to its role as the base year for calculating Capital Gains Tax . Because the Indian government shifted the base year for fair market value (FMV) from 1981 to April 1, 2001 , this specific year’s rates are essential for determining the indexed cost of acquisition for properties purchased before that date. Why the 2001 Rate is Critical Official digital records for Mumbai's Ready Reckoner rates