: The residential rate was approximately ₹14,050 per sq. mt. on BUA.
Before diving into the specific year, it is essential to understand the instrument. The Ready Reckoner, also known as the Annual Statement of Rates (ASR), is published by the Inspector General of Registration and Stamps, Maharashtra. It sets the minimum base value for properties—residential, commercial, industrial, and land—across every ward and lane of Mumbai. ready reckoner rate mumbai 2001
As Mumbai continues to verticalize, comparing the modest ₹1,200/sq. ft. of Goregaon East in 2001 to today’s ₹25,000+ rates reminds us that real estate, in the long run, rewards patience. If you are dealing with a property that has roots in the turn of the millennium, unearthing the 2001 RR rate is not just a bureaucratic formality—it is a step toward unlocking accurate financial history. : The residential rate was approximately ₹14,050 per sq