While the Maharashtra government updates these rates annually to reflect market shifts, the 2001-02 edition remains relevant for long-term property owners:
: These rates were established by the Joint Director of Town Planning and are used by the Income Tax Department to verify property values from that era. consumerresources.in How to Access 2001-02 Rates
The property valuations published in the 2001-02 book were categorized into specific zones across Mumbai City and Mumbai Suburban districts based on localized parameters: Ready Reckoner 2001 Mumbai - Google Groups ready reckoner 200102 mumbai
, serves as the "Fair Market Value" (FMV) baseline for calculating indexed costs of acquisition for properties bought before that date. Why the 2001 Rate Matters Cost Inflation Index (CII) Base
Find your designated sector and zone in the 2001-02 text. Determine the raw rate based on property type (Land, Residential Flat, Commercial Office, or Industrial). Determine the raw rate based on property type
: It is the official benchmark accepted by the Income Tax Department and the Maharashtra Stamp Act for historical valuations. How to Access 2001 Rates
Legal publishers like the Architects Publishing Corporation of India (APCI Group) print specialized volumes combining current data with historical 2001 valuations, specifically for capital gains tax audits. Crucial Advice for Property Owners Crucial Advice for Property Owners Calculating the exact
Calculating the exact value of a property using the 2001–02 Ready Reckoner requires more than looking up a singular number. The sub-registrar offices applied specific premium and depreciation rules based on the property structure: Property Attribute 2001–02 Valuation Rule / Adjustment
: Covers areas north of Mahim and Sion, split into western and eastern sub-regions. 2. Localized Sub-Zones
, serves as the base for calculating the "Indexed Cost of Acquisition" for any property purchased before that date. consumerresources.in Why the 2001-02 Rates Matter Cost Inflation Index (CII)
A "Ready Reckoner" (also known as a ) is a government-issued guide that sets the minimum property value for specific areas.