First, a refresher. The Maharashtra government’s Ready Reckoner (also known as the Annual Statement of Rates) is the minimum value of a property based on its location, use (residential, commercial, industrial), and construction type. It is revised annually by the Inspector General of Registration and Controller of Stamps.
in 2001–02 is a critical historical benchmark used primarily for calculating Capital Gains Tax ready reckoner 200102 mumbai extra quality
Assume: base residential rate (2001–02) for locality X = Rs. 3,200/sq.ft.; Extra Quality shown as +20%; area = 1,000 sq.ft. First, a refresher
When you check the rates for and select Extra Quality , the valuation model changes. Here is a simplified look at how the stamp duty value is derived: Extra Quality shown as +20%