The higher of the actual transaction value or the RR rate determines the stamp duty.
Always refer to official government documents or registered, archived documents for accuracy.
Areas in the Western and Eastern suburbs, such as Andheri or Kandivali, had significantly lower rates in 2001-02 compared to their current high-value status. ready reckoner 200102 mumbai
Before we look at the numbers, let’s understand why this specific document matters for Malad (West):
Within these zones, properties were classified into structural categories: The higher of the actual transaction value or
Specialized books like the Stamp Duty Ready Reckoner & Market Value of Properties in Mumbai (1980-2001) by Santosh Kumar and Sunil Gupta are often used as reference manuals.
Find your designated sector and zone in the 2001-02 text. Determine the raw rate based on property type (Land, Residential Flat, Commercial Office, or Industrial). Before we look at the numbers, let’s understand
: To find your property's value, multiply the Built-up Area (in sq. meters) by the applicable RR rate for your specific sub-zone. Add 25% for covered/stilt parking or 40% for open parking. Circle Rate Mumbai 2026: Area-Wise Categorization List
: The Maharashtra government implemented an average increase of 3.39% for Mumbai in 2025, with further adjustments of 4-5% expected for the 2026-27 cycle.