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RR rates for Thane for year 1981
Q: Hi, I am looking for RR rates in the Gokhale Road, Naupada area of Thane city for the year 1981. Where will I able to get these ? Thanks!

ready reckoner rates
ready reckoner rates in thane
Latest Answer: Ok, got it. Thanks All !
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There will be no complete increase in ready reckoner rate in Mumbai
Q: There may be separate RR rates for major cities like Mumbai, Pune, Nagpur, Aurangabad and others, which would give some relief to home buyers.

pune
nagpur
ready reckoner rates
aurangabad
ready reckoner rate hike
revenue minister eknath khadse
Latest Answer: @sankalp, And in a reply to BJP MLA's statement, The revenue minister Eknath Khadse announced that the government will study the effect of the ready reckoner on the housing and property tax. But there will not be blanket increase in RR rate.
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There is no need of Ready reckoner rate hike in Maharashtra
Q: It is an attempt to uplift the slow property market.

ready reckoner rates
ready reckoner rate hike
Latest Answer: Yes, there is no point in increasing Ready Reckoner rates much, although stamp duty may rise by 5% annually, as usual. The government has already made it clear that the benefit on the depreciation value would be calculated only on the structural component and not on the land component in the overall cost. This will increase the ready reckoner value of the property and hence the cost of registration and stamp duty for buyers.
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Property rates in suburbs may rise as Maharashtra hikes additional FSI
Q: This move will likely to see a rise in realty rates in the suburbs of Maharashtra.

fsi
ad banners
ready reckoner rates
urban development department
development control rules
additional fsi in maharashtra
property rates may rise in maharashtra
Latest Answer: Right Sasidharan, The state hopes to mop up around Rs.3500 crore to Rs.4000 crore with the move and the premium received will be shared equally between the state government and the civic body.
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New depreciation formula taxes old properties in Mumbai
Q: A new state government circular that ask to increase stamp duty revenue by changing the method of calculation of depreciation in respect to old buildings has caused a panic in the real estate industry.

stamp duty
capital gain tax
ready reckoner rates
properties in mumbai
national real estate development council
a new circular by maharashtra govt
new depreciation formula
calculation of depreciation in old building
Latest Answer: This method will create complication for valuation of property as well for computation of capital gain tax. In spite of the fact that the govt. may receive additional revenue at the beginning by way of an increase stamp duty. But it will dampen the number of transaction in the log run.
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Houses along new metro routes in Mumbai will now be costlier
Q: The government has decided to charge 100% of the Ready Reckoner Rate as premium for additional floor space index for properties along the proposed 2 new metro lines (II and VII).

mmrda
fsi
floor space index
ready reckoner rates
mumbai metropolitan region development authority
metro 2 corridor
houses along new metro became costiler
metro routes in mumbai
metro vii
Latest Answer: A government resolution issued on October 2017. The bhoomi pujan for the two lines-Metro II (Dahisar-Charkop-Bandra-Mankhurd Metro Corridor Phase I-Dahisar East- DN Nagar) and Metro VII (Andheri East-Dahisar East)-was recently done by Prime Minister Narendra Modi.
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New policy to bind Maharashtra's private builders for affordable housing
Q: The Maharashtra Govt. will soon come up with a new policy that will make it compulsory for private builders to transfer a certain housing stock to Maharashtra Housing and Area Development Authority.

fsi
ready reckoner rates
mhada
maharashtra housing and area development authority
new policy of mhada for affordable housing
private builders
town planning and housing departments
urban development departments
Latest Answer: It is because, MHADA and some other govt. agencies have a limit on construction of houses as it becomes financially not useful for them who are beyond a certain limit. Thereby, the govt. wants the participation of private builders to ensure affordable homes to a large number of people.
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Property prices in Mumbai may crash upto 50%
Q: As per report put out by brokerage firm Ambit Capital which says that a sharp correction in property is in the near days.

black money
ready reckoner rates
real estate in mumbai
ambit capital
sharp correction in property prices
property developers in mumbai
black money bill
Latest Answer: Even though, there was little room to cut prices due to high costs, builders were now willing to reduce prices and sell units even at a loss. They will sell in order to meet cash flow requirements such as interest payments, overhead costs or further construction.
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Hi, what is the municipal rent value at Andher West near Azad Nagar Metro?
Q: Needed for Income Tax calculation of House Property

real estate
real estate mumbai
ready reckoner rates
andheri west
real estate andheri west
rental value in andheri west
cts no
Latest Answer: Hi Dinshaw, Can you tell me under which Zone or Ward or CTS no you locality comes so that i will give you the exact rate of that locality?
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BMC proposes 14% property tax hike
Q: Hi, Has there been any change in Mumbai property taxes?

property tax
bmc
mumbai properties
ready reckoner rates
properties in mumbai
brihanmumbai municipal corporation
bmc proposes to hike property tax
property tax hike in mumbai
rcc
Latest Answer: Well Chintak, With its revised set of rules for property tax collection for 2015-2020. The cash-rich BMC's current estimates for property tax are Rs 4400 crore approximately. On the other hand, the weightage on hotels has increased, according to their grading. Schools, too, will be taxed according to residential rates and not commercial rates.
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