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ready reckoner rates by mumbai government

Revised ready reckoner rules out black money in Mumbai real estate

Revised ready reckoner rules out black money in Mumbai real estate
With the new ready reckoner (RR) in place by the state government, the black market in real estate sector is going to get dull. The use of black money in real estate transactions will be minimal. As per experts, the revised RR rates are equal to market rates at most of the localities in Mumbai. [...] Continue Reading »

Ready Reckoner rates on BMC website now

Ready Reckoner rates on BMC website now
Brihanmumbai Municipal Corporations (BMC) has finally listened to the citizens’ woes. The civic body has taken steps to make the new property tax system transparent to the public. To start with, Stamp duty Ready Reckoner (SDRR) rates are now displayed on the official website of the civic body. The RR rates form the base value [...] Continue Reading »

Mumbai stamp duty officials admit faulty figures of RR rates

Mumbai stamp duty officials admit faulty figures of RR rates
The stamp duty officials in Mumbai have admitted to the errors about ready reckoner (RR) rates that were announced recently. It was noticed after a national daily published about RR rates being hiked by 1000 % in some parts of Western suburbs in Mumbai. Now, after the correction, the prices have been appropriately hiked from [...] Continue Reading »

Ready reckoner rates in Mumbai up by 30%

Ready reckoner rates in Mumbai up by 30%
Maharashtra Government has recently decided to raise ready reckoner (RR) rates in Mumbai by 30%. This is an excess hike compared to last year’s average increase of 12%. The increase in ready reckoner rates is going to affect properties in areas like Prabhadevi, Cuffe Parade and Worli. This increase has been levied from January 1, [...] Continue Reading »

Mumbai govt to hike ready-reckoner rates from January

Mumbai govt to hike ready-reckoner rates from January
Maharashtra Government is planning to increase the ready reckoner from January 1 in Greater Mumbai and rest of state. The rate will be increased by 5 percent in Greater Mumbai and 40 percent in rest of the state. This is done despite the ongoing slow down as the government estimates the increasing number of registration [...] Continue Reading »



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