Ready Reckoner 200102 Mumbai Top [upd] [ Editor's Choice ]
For old buildings (usually 5+ years old), the government allows a depreciation deduction from the RR rate. This can lower your tax liability if the building is aged.
You can verify the exact rate for your specific building or plot through these official channels: ASR (Annual Statement of Rates): Available on the IGR Maharashtra Portal e-ASR Application: A digital tool on the Stamps and Registration website ready reckoner 200102 mumbai top
The "Ready Reckoner 200102 Mumbai Top" is a precise legal document. As of my last training data (May 2025), I cannot provide live current-year rates. Always verify the exact figure for the current financial year on the official Maharashtra Stamp Duty & Registration Department portal (igrmaharashtra.gov.in) or the "Maha-RERA" approved rate card. For old buildings (usually 5+ years old), the
Furthermore, the Municipal Corporation of Greater Mumbai (BMC) uses the Ready Reckoner rate to calculate your annual property tax. As of my last training data (May 2025),
Modern calculations (often applied to historical valuations) include premiums: +40% for open car parking and +25% for covered/stilt parking per unit area.