Ready Reckoner 2001-02 Mumbai May 2026
Ready Reckoner (RR) Rate for 2001–02 in Mumbai is a critical historical benchmark used primarily for calculating Long Term Capital Gains (LTCG) on properties purchased before April 1, 2001. The Economic Times Why the 2001–02 Rate Matters
Kandivali West
: The RR rate for residential units in village Kandivali West was approximately ₹18,000 per sq. mt. on built-up area (BUA) in 2001. ready reckoner 2001-02 mumbai
Ward-Wise Snapshot (2001-02 vs. Today)
To understand 2001-02, you must understand the 1990s. Mumbai was liberalizing. Money was flowing in from the stock market and underworld hawala channels. Buyers and sellers engaged in "dual agreements": one "black" agreement at government rate, and one "white" agreement for the actual cash. Ready Reckoner (RR) Rate for 2001–02 in Mumbai
Without the specific ward and road rate from the 2001-02 document, the Income Tax officer can reject your valuation. Thus, this document is a tax-saving goldmine. on built-up area (BUA) in 2001