Ready Reckoner 200102 Mumbai | Official ★ |
Typical entries in the 2001–02 Mumbai Ready Reckoner include:
What is a Ready Reckoner (RR) Rate?
The Ready Reckoner rate, also known as the Circle Rate or Guidance Value, is the minimum property valuation set by the Maharashtra State Government for registration purposes. It prevents under-valuation and serves as the base for calculating stamp duty and registration charges.
Focus Area: Zone / Village Code 200102 – Mumbai
In the government’s digitized land record system, Code 200102 corresponds to a specific residential / commercial sub-locality or village within Mumbai. (Note: Based on typical Maharashtra GIS mapping, 200102 often refers to parts of Worli, Lower Parel (East) , or a defined sub-section of Mumbai’s Island City – please verify with the official IGR Maharashtra portal for exact boundary.)
Key Highlights for RR 200102 (Illustrative – For actual rates, refer to current notification) ready reckoner 200102 mumbai
| Parameter | Details |
|-----------|---------|
| Region | Mumbai – Zone 2 / City A Ward (example) |
| Property Type | Residential, Commercial, Land |
| Current RR Range (per sq m) | Residential: ₹2,50,000 – ₹4,20,000
Commercial: ₹4,80,000 – ₹8,50,000 |
| Stamp Duty | 5% (for women) – 6% (for others) + 1% Metro cess (if applicable) |
| Registration Fee | 1% of property value (max ₹30,000) |
| Validity | Revised annually on April 1 (subject to state budget changes) |
Why is RR 200102 Important?
Difference Between RR and Market Price for 200102
In premium Mumbai pockets, market rates often exceed Ready Reckoner rates by 20–40%. For example, if RR for a flat is ₹3.5 crore, the actual negotiated price could be ₹4.5–5 crore, especially for newly redeveloped buildings or sea-facing units. Typical entries in the 2001–02 Mumbai Ready Reckoner
How to Check the Exact RR for a Property in 200102
Important Cautions
Need professional assistance? Consult a registered valuer or a local property lawyer to confirm the applicable Ready Reckoner rate for your specific property in code 200102 before signing any sale deed. Rate modifiers and notes:
Disclaimer: This is a sample draft. Actual rates and zone boundaries for code 200102 must be verified from the current Maharashtra IGR Ready Reckoner notification. Last updated – indicative for FY 2024-25.
If you are looking for the Ready Reckoner of Mumbai for the year 2001 for this zone, please note:
A: Yes. If you feel your property is in poor condition, has an old structure, or lacks legal amenities, you can file a Form 2 (Appeal) with the Sub-Registrar of Assurances for Malad to get a valuation reduction.