A new interface will open. You will need to input:
A: Generally, no. Parking spaces are often valued separately at a flat rate (usually ₹5 Lakh to ₹10 Lakh for an open car park in 200102), as per the annexure of the RR.
According to Section 50C of the Income Tax Act, the Fair Market Value (FMV) claimed by a taxpayer on April 1, 2001, cannot exceed the Ready Reckoner rate of that property for the 2001–02 period. Knowing the exact 2001–02 RR rate provides a legal ceiling for your cost of acquisition. 3. Long-Term Capital Gains (LTCG) Calculation ready reckoner 200102 mumbai
Consequently, finding the exact historic value from the 2001–02 guide is mandatory to prevent tax overpayments or penalties during a modern-day sale. The Role of the Ready Reckoner in Property Transactions
Analysts expect a more significant 5% increase in Ready Reckoner rates starting from April 2026 . Stamp Duty & Registration Costs A new interface will open
| Sub-locality within 200102 | Residential RR (₹/sq ft) | Commercial RR (₹/sq ft) | Land (₹/sq m) | |----------------------------|--------------------------|--------------------------|----------------| | Nariman Point (Backbay) | 80,000 – 1,00,000 | 2,00,000 – 2,50,000 | 10,00,000+ | | Fort (D.N. Road area) | 65,000 – 85,000 | 1,60,000 – 2,00,000 | 8,00,000 | | Churchgate (West) | 75,000 – 95,000 | 1,80,000 – 2,20,000 | 9,00,000 | | Kala Ghoda / Rampart Row | 70,000 – 90,000 | 1,70,000 – 2,10,000 | 8,50,000 | | Hutatma Chowk area | 60,000 – 80,000 | 1,50,000 – 1,90,000 | 7,50,000 |
: According to Section 50C and related clauses, the Fair Market Value adopted as of April 1, 2001, cannot exceed the official Stamp Duty Ready Reckoner rate of that property for the 2001–02 period. According to Section 50C of the Income Tax
The real estate market structure in 2001–02 operated under a different physical framework than today's digitized ecosystem. The evaluation criteria heavily weighted localized indicators, raw connectivity infrastructure, and distinct micro-markets. Micro-Market Segmentations
Areas like Bandra, Andheri, and Borivali were rapidly expanding as prime residential hubs, with rates scaling based on proximity to the railway stations and the Western Express Highway.
Certified property valuers maintain libraries of historical Ready Reckoner volumes to draft legal tax reports.
The official website of the Inspector General of Registration and Controller of Stamps (IGR Maharashtra) features an "e-ASR" application. While it primarily showcases current data, archived historical statements can occasionally be accessed via their specific archival links or by using the site's search features for older valuation books. 2. Physical Sub-Registrar Offices