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The Ready Reckoner is a government-issued guide that specifies the minimum value of land and residential or commercial units for different zones in Mumbai. While current rates are updated annually to reflect market shifts, the 2001–02 edition remains a permanent reference for: Capital Gains Calculations : Determining the cost of acquisition for tax purposes. Valuation for Pagdi Properties
generally prioritizes current data, you may need these alternative methods: Physical Archives: Historical books are maintained at the Sub-Registrar’s Office Town Planning & Valuation Department in Mumbai. Authorized Valuers:
In 2001-02, the prime areas of South Mumbai (Walkeshwar, Altamount Road, Malabar Hill) were clocked at roughly (approx Rs. 1,400 to 2,300 per sq ft). Suburbs like Bandra were around Rs. 8,000 per sq meter (Rs. 740/sq ft). Distant suburbs like Borivali were a mere Rs. 1,500 per sq meter (Rs. 140/sq ft).