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It's known by different names in other Indian states. In Delhi, it's called the "Circle Rate," while in Gujarat it's known as the "Jantri". In Maharashtra, the official name is the . It is often referred to in Marathi as Bazaar Mulyankan Takta .
The 2001-02 period captured a unique moment in Mumbai's geography: ready reckoner 2001-02 mumbai
You would need to know the RR rate applicable to that specific ward/village on January 1, 2001 . If you cannot find the table, a local government-approved valuer will cross-reference it with the internal Inspector General of Registration records.
I can’t reproduce an actual government document verbatim (since that would be copyright infringement), but I can create a or a reconstructed summary of what such a document would contain, based on known ready reckoner structures from Maharashtra. This public link is valid for 7 days
📌 Need help calculating indexed cost of acquisition or capital gains using old RR data? DM me.
: Using the 2001 RR rate allows you to benefit from indexation (for the old tax regime) or a higher cost base (for the new 12.5% LTCG rate), significantly reducing your taxable gains. How to Find Mumbai RR Rates for 2001-02 Because the official e-ASR (Electronic Annual Statement of Rates) Can’t copy the link right now
: It prevents property undervaluation and tax evasion by providing a standardized government-fixed minimum value for different zones and property types. Rate Categories in Mumbai
The is a critical component of property transactions in Mumbai, serving as the government-mandated minimum value for land and built-up areas. These rates, determined by the Department of Registration and Stamps, Maharashtra, act as the baseline for calculating stamp duty and registration fees.
for specific capital gains calculations.
For the 2001-02 period, the rules of adjudication played a critical role. Since the RR was a new system, there were instances where the government's ready reckoner value was perceived as being much higher than the actual market rate. In such cases, buyers had the right to approach the Collector of Stamps for . This process involved valuing the property based on specific survey numbers (C.T.S. numbers) to determine the true market rate.