8.6
The Ultimate Guide to Finding and Using the Ready Reckoner Rate Mumbai 2008 PDF
Introduction: Why 2008 Still Matters in Mumbai Real Estate
In the bustling, hyper-competitive real estate market of Mumbai, the term "Ready Reckoner Rate" (also known as the Annual Statement of Rates or ASR) is king. Published annually by the Maharashtra State Government’s Inspector General of Registration and Controller of Stamps, this document dictates the minimum property valuation for stamp duty and registration.
The notification for 2008 rates was usually published in July/August 2008 and was valid until March 2009. Ensure you are downloading the correct notification number. ready reckoner rate mumbai 2008 pdf
- Residential: ₹ 30,500
- Commercial: ₹ 43,800
Why Would Anyone Need the 2008 Rates?
You might think 2008 is ancient history for real estate, but in Mumbai, the Ready Reckoner rates from that year serve a critical legal and tax purpose: The Ultimate Guide to Finding and Using the
| Area | Approx. 2008 Rate (Rs/sq ft) | Approx. 2024 Rate (Rs/sq ft) | | :--- | :--- | :--- | | South Mumbai (Walkeshwar) | ~₹18,000 | ~₹1,00,000+ | | Bandra (West) | ~₹8,000 | ~₹50,000 | | Andheri (West) | ~₹4,500 | ~₹28,000 | | Borivali (West) | ~₹3,000 | ~₹18,000 | | Navi Mumbai (Vashi) | ~₹2,800 | ~₹15,000 | Residential: ₹ 30,500 Commercial: ₹ 43,800
- Residential: ₹ 8,800
- Commercial: ₹ 13,500
Summary
You cannot simply click a big blue button to download the 2008 RR rate today. However, it is not lost. Between the IGR archives, an RTI application, or a professional valuer, you can secure the document within 10 days.
