Reckoner Rate Mumbai 2008 Pdf Hot !exclusive! — Ready
If a family member transferred a property to you in 2008 via a gift deed, and you are now selling it, the tax officer will ask for the 2008 RR value to compute the seller's acquisition cost.
: The government significantly increased rates in January 2008—by over 38% for land and 31% for residential in the island city—to capture revenue from the then-booming market . ready reckoner rate mumbai 2008 pdf hot
This article is for informational purposes only. Real estate laws and tax indices change. Always consult a registered valuer or chartered accountant for your specific transaction. If a family member transferred a property to
If you cannot find the PDF, visit the SRO where your property is located. By law, they maintain physical archives. Request a certified copy of the 2008 RR list for your specific village/survey number. They will charge a nominal fee (₹500-₹1000) for printing the historical data. Real estate laws and tax indices change
In 2008, the Ready Reckoner Rate in Mumbai was revised by the Government of Maharashtra. The revised rates were applicable from April 1, 2008. The rates varied across different areas and localities in Mumbai, with the highest rates being in prime locations such as South Mumbai and Bandra.
: Despite the market slowdown, the government’s insistence on these high rates helped them collect ₹8,384 crore in stamp duty during 2008-09. Secondary Costs : The high 2008 base rate also increased the