Before analyzing the 2001 version, let us revisit the basics. The Ready Reckoner, often synonymous with the "Circle Rate," is the minimum property valuation set by the Maharashtra government’s Stamp Duty and Registration Department. It is not the market price but the below which a property cannot be officially registered.
: Under current Income Tax rules, the FMV used for capital gains cannot exceed the Stamp Duty (Ready Reckoner) value of the property as of April 1, 2001. How to Access 2001 RR Rate PDFs Ready Reckoner Rate Mumbai 2001 Pdf
Visit the official website: 👉 igrmaharashtra.gov.in Before analyzing the 2001 version, let us revisit the basics
In 2001, the Government of Maharashtra introduced the Ready Reckoner Rate for Mumbai, which provided a standardized rate for various types of properties across the city. This rate was used to calculate the stamp duty and registration fees payable on property transactions. : Under current Income Tax rules, the FMV