The Ready Reckoner (also called the ) is a government-published document that sets the minimum floor price for property transactions in a given area. It is used by the Sub-Registrar to calculate:
If you are currently processing a property case, let me know the in Mumbai, the property type , or if you need help finding the Cost Inflation Index (CII) for your calculations. Share public link ready reckoner 200102 mumbai
While a 2001–2002 regulatory book may initially seem outdated, it remains an indispensable asset for property owners, chartered accountants, and real estate developers today. Its modern-day relevance is heavily anchored to and determining the Fair Market Value (FMV) of legacy Mumbai properties. Why the Fiscal Year 2001-02 Matters Today The Ready Reckoner (also called the ) is
The 2001-02 publication classifies real estate into five distinct buckets: Ready Reckoner | Mumbai | Thane | Palghar | Raigad | Pune Its modern-day relevance is heavily anchored to and
[Original Purchase (Pre-2001)] │ ▼ [2001–02 Ready Reckoner Valuation] ◄─── (Mandatory Base Value for Capital Gains) │ ▼ [Apply Cost Inflation Index (CII)] │ ▼ [Current Indexed Cost of Acquisition] ───► Reduces overall Long-Term Capital Gains Tax Key Administrative Divisions in the 2001–02 Records
By setting these rates, the government discourages underreporting of property prices, ensuring they get their fair share of revenue for urban infrastructure.