Ready Reckoner Rate Mumbai 2001 Pdf File
Ready Reckoner (RR) Rate , also known as the Annual Statement of Rates (ASR), is the government-fixed minimum price at which a property can be registered in a specific area
- Zone A (South Mumbai): Colaba, Nariman Point, Malabar Hill. In 2001, rates were approximately ₹8,000–12,000 per sq. ft. (compare to today’s ₹1 lakh+).
- Zone B (Central Suburbs): Dadar, Matunga, Chembur. Rates hovered around ₹2,500–4,000 per sq. ft.
- Zone C (Western & Northern Suburbs): Andheri, Jogeshwari, Borivali, Dahisar. Rates were as low as ₹800–1,800 per sq. ft.
Action step:
Download the current RR rates from igrmaharashtra.gov.in to understand the format, then file RTI for “RR rates of [your area] for the year 2001.”
Valuation Growth: Since the 2001-era, some areas in Mumbai have seen their RRR increase by over 200%—a shift so dramatic that industry bodies like MCHI-CREDAI have previously lobbied for rollbacks to maintain affordability. How to Access Historical Data Ready Reckoner Rate Mumbai 2001 Pdf
Statutory Limit: Under current income tax laws, the FMV used for this purpose cannot exceed the Stamp Duty (Ready Reckoner) value of the property as of April 1, 2001. How to Find the 2001 Rates
Why is the 2001 Ready Reckoner Important?
You might wonder, "Why do I need a property rate sheet from over two decades ago?" Ready Reckoner (RR) Rate , also known as
, though these are site-specific and may not cover your exact locality. Known 2001 Sample Rates (For Reference)
Finding the Ready Reckoner Rate Mumbai 2001 PDF: A Guide for Historical Property Research
Mumbai’s real estate market has always been dynamic. For property disputes, inheritance cases, or long-term capital gains (LTCG) calculations, you might need the Ready Reckoner (RR) rate from 2001—also known as the Annual Statement of Rates (ASR) . Zone A (South Mumbai): Colaba, Nariman Point, Malabar Hill
The APCIGROUP also publishes a specific guide for Valuation for Capital Gain Tax as of April 1, 2001. Government Offices (Offline):