Ready Reckoner 2001 (often referred to as the 2001-02 rates) for Mumbai is a critical historical document used primarily for Capital Gains Tax calculations . In India, the Fair Market Value (FMV) as of April 1, 2001
Within these zones, properties were classified into structural categories:
Based on IGR Maharashtra mapping:
Books such as " Stamp Duty Ready Reckoner & Market Value of Properties In Mumbai 2002 " (by Santosh Kumar and Sunil Gupta) contain these archives.
The 2001–02 Ready Reckoner (RR) rate in Mumbai is a critical benchmark for determining the Fair Market Value (FMV) of properties acquired before April 1, 2001, for capital gains tax calculations. Because the Maharashtra eASR portal largely hosts recent data, these historical rates typically require verification through physical records at local sub-registrar offices, government-approved valuers, or archival publications like 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 |
Developing areas like Oshiwara saw hikes as high as 20%. Ready Reckoner 2001 (often referred to as the
The 2001–2002 period was a unique era for Mumbai's property market. It immediately followed the dot-com bust of 2000 and occurred during a broader economic stabilization phase in India.
: Older RR books are kept in physical form at the offices of the Sub-Registrar Town Planning Valuation Department Professional Assistance : Most people hire a Government Approved Valuer Because the Maharashtra eASR portal largely hosts recent
The ready reckoner is the bare minimum for registration.