Properties purchased before April 1, 2001, use the 2001-02 RR rates to determine the cost of acquisition for tax purposes. Top Valuations: Historically, the highest rates were concentrated in South Mumbai (Nariman Point, Cuffe Parade, Malabar Hill). Historical Context:
If a property was bought or inherited in 1985, 1993, or any time prior to the turn of the millennium, the taxpayer cannot use the original purchase price to figure out their tax obligations upon selling it today. Instead, the tax department mandates adjusting the property’s value up to its baseline on April 1, 2001. ready reckoner 200102 mumbai top
The "Ready Reckoner 200102 Mumbai Top" is a precise legal document. As of my last training data (May 2025), I cannot provide live current-year rates. Always verify the exact figure for the current financial year on the official Maharashtra Stamp Duty & Registration Department portal (igrmaharashtra.gov.in) or the "Maha-RERA" approved rate card. Properties purchased before April 1, 2001, use the