Ready Reckoner 200102 Mumbai Top Official
The Ready Reckoner Rate (RRR), also known as the circle rate, is the government-mandated minimum valuation at which property transactions can be legally registered.
The 2001–02 period is critical for taxpayers because , is the standard cutoff date for calculating long-term capital gains for properties purchased before that year.
Historical records indicate that the RRR for residential units in Kandivali West was approximately ₹18,000 per sq. meter (built-up area) in 2001.
For comparison, current rates in areas like Vashi range up to ₹1,40,100 per sq. meter, highlighting the massive appreciation since the 2001–02 baseline. Why the 2001–02 Rates Still Matter
Because the 2001 data is rarely found on modern public websites, property owners often hire government-approved valuers to provide certified extracts from the original 2001–02 Ready Reckoner books. How to Access 2001–02 Data Today
During the 2001–02 financial year, Mumbai's real estate market was drastically different from today's high-rise landscape.
If you need specific locality rates for 2001–02 to assist with tax planning or legal disputes, consider these sources: