Ready Reckoner 200102 Mumbai →

The Ready Reckoner rate is a benchmark rate fixed by the government, which serves as a reference point for determining the market value of a property. It is used to calculate the stamp duty and registration charges payable on a property transaction. The rate is usually expressed in terms of the property's value per square meter or per plot.

The Ready Reckoner (RR) rate, also known as the Stamp Duty Ready Reckoner, is a crucial concept for property buyers and sellers in India, particularly in Mumbai. This rate is used to calculate the stamp duty and registration charges for property transactions. In this article, we will delve into the specifics of the Ready Reckoner rate for Mumbai, focusing on the year 2001-02, and provide valuable insights for property enthusiasts. ready reckoner 200102 mumbai

| Location | RR Rate (per sq. meter) | | --- | --- | | Central Mumbai | ₹ 3,000 - ₹ 10,000 | | South Mumbai | ₹ 4,000 - ₹ 15,000 | | North Mumbai | ₹ 2,000 - ₹ 6,000 | | West Mumbai | ₹ 2,500 - ₹ 8,000 | | East Mumbai | ₹ 1,800 - ₹ 5,000 | The Ready Reckoner rate is a benchmark rate