Ready Reckoner 2001-02 Mumbai

by Santosh Kumar and Sunil Gupta cover Mumbai market values from 1980–2001 and specific 2002 editions. Valuation Reports

During the 2001–02 period, Mumbai's real estate landscape was vastly different from today's high-rise dominance. Pricing Benchmarks

The —officially termed the Annual Statement of Rates (ASR)—remains a vital benchmark for property valuation . Published annually by the Government of Maharashtra’s Revenue Department , this historical registry establishes the minimum baseline transaction value for real estate across Mumbai’s urban zones. This specific fiscal year is a critical modern cornerstone for financial accounting, capital gains calculations, and legal dispute resolutions. Why the 2001–02 Rates Matter Today ready reckoner 2001-02 mumbai

The Ready Reckoner rates for Mumbai for 2001-02 had several key features:

Since the official e-ASR portal typically only displays recent years, you can use these methods to track down older data: by Santosh Kumar and Sunil Gupta cover Mumbai

The Maharashtra government's official e-ASR portal primarily serves current data. For 2001-02 data, you likely need to access physical archives at the District Registrar's office or use third-party legal archives.

This public link is valid for 7 days and shares a thread, including any personal information you added. This link or copies made by others cannot be deleted. If you share with third parties, their policies apply. Can’t copy the link right now. Try again later. Ready Reckoner 2001 Mumbai - Google Groups For 2001-02 data, you likely need to access

For tax purposes, the government allows you to use the (CII) starting from 2001-02 as the base year (CII = 100). This was a gift to investors. If you bought a flat in 2002 for an "agreement value" matching the low RR rate, and sold it in 2023, your capital gains were artificially low. This incentivized under-valuation in the early 2000s, which still haunts tax audits today.

Historically, rates were applied to the built-up area of a property (though current standards often use carpet area).

The 2001 rates are critical for calculating , as April 1, 2001, serves as the base date for determining Fair Market Value (FMV) for properties acquired earlier.