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.)
: 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
Given the specificity of your query and without direct access to databases or documents from that period, I recommend reaching out to official sources or archives directly. ready reckoner 200102 mumbai
Presence of elevators, parking, and building age.
In the context of Maharashtra, the "Ready Reckoner Rate" (often abbreviated as RRR) is the minimum price at which a property can be registered. Think of it as the government’s benchmark value for any immovable asset—whether it’s a residential apartment, commercial office, open plot, or industrial land. The Maharashtra government publishes these rates in an Annual Statement of Rates (ASR), often referred to in Marathi as "Bazaar Mulyankan Takta," which is updated for each financial year. In the government’s digitized land record system, Code
South Mumbai hubs like Nariman Point saw only nominal changes, while approximately 200 out of 750 marked areas remained unchanged from the previous year. Specific Rate Examples (Approximate)
If you sell a property in Mumbai today that your family purchased in the 1970s, 1980s, or 1990s, you cannot use the original purchase price to calculate your tax obligations. Instead, you must figure out its Fair Market Value as of April 1, 2001. Tax authorities explicitly cross-verify this claimed value against the data to ensure compliance. Presence of elevators, parking, and building age
, 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
The 2001–02 Ready Reckoner (RR) rate in Mumbai is a critical benchmark for determining the Fair Market Value (FMV) of properties acquired before April 1, 2001, for capital gains tax calculations. Because the Maharashtra eASR portal largely hosts recent data, these historical rates typically require verification through physical records at local sub-registrar offices, government-approved valuers, or archival publications like
Because the official IGR Maharashtra portal primarily hosts recent data (e-ASR), historical 2001 rates are often not available as direct PDF downloads. To retrieve them, you can: