Ready Reckoner - Rate Mumbai 2001

Note: Adjustments are often made for building age, floor level (lift vs. no lift), and amenities like parking.

| Location / Category | Sub-Locality | Rate per Sq. Meter (₹) | Rate per Sq. Ft. (₹) | Key Insights | | :--- | :--- | :--- | :--- | :--- | | | Malabar Hill | 1,85,700 (approx.) | ~17,250 | Among the highest valuations, reflecting its premium status. | | Suburban District | Madh Village | Data Not Found | Data Not Found | A record exists with errors; official rates not captured. | | Suburban District | Mohili Village | Data Not Found | Data Not Found | Data exists but unclear/errors in the 2001-02 record. | | Legal Record (Acquisition) | SLAO Computed | 2,900 (30% of RR) | ~269 (₹870/sqm) | Used as 30% of actual RR for land acquisition calculation. | | Municipal Tax Context | Construction <2001 | 0.10% of 2001 RR | N/A | Fixed premium was 0.10% of the 2001 RR for old constructions. |

Because actual market data from 2001 can be difficult to verify, the 2001 Ready Reckoner rate serves as the primary, legally defensible evidence to establish the property's value on the base date. Historical Context: Mumbai’s Property Market in 2001 ready reckoner rate mumbai 2001

While the 2001 Ready Reckoner rates are no longer valid for current property transactions, this historical data remains vital for several specific legal and financial scenarios:

Stamp Duty Ready Reckoner & Market Value of Properties in Mumbai 1980-2001 Note: Adjustments are often made for building age,

: Rates were a fraction of South Mumbai but led the suburban charts.

To help you move forward with your specific property valuation, let me know: Meter (₹) | Rate per Sq

: The adjusted 2001 square-meter rate is multiplied by the property’s total built-up area.

For properties bought before 2001, the FMV as of April 1, 2001, replaces the original purchase price for capital gains calculations. Ready Reckoner 2001 Mumbai - Google Groups

Accessing the official 2001 schedule is challenging, as it is a historical document. However, for anyone needing this information for legal, inheritance, or tax purposes, several options exist:

: Approximately ₹18,000 per sq. meter on a built-up area (BUA) basis.