The disparity is staggering. A property in that had a government valuation of ₹3,200/sq. metre in 2001 (approx ₹300/sq. ft) now has a Ready Reckoner rate of over ₹1,00,000/sq. metre (approx ₹9,300/sq. ft) in 2024-25.
Shifting of Base Year from 1981 to 2001 for Capital Gains Tax Computation ready reckoner rate mumbai 2001
Ensure the government collects appropriate stamp duty and registration fees by preventing the under-reporting of property values. The disparity is staggering
: This rate helps establish a higher base value, which can significantly reduce your taxable capital gains when selling the property today. 000/sq. metre (approx ₹9