Ready Reckoner 2001-02 Mumbai -

To help you conceptualize the difference, here is a rough multiplier effect. How much have rates grown in 20 years?

| Ward | Locality (Type) | 2001-02 Rate (₹/sq ft) | 2025 Approx Rate (₹/sq ft) | Multiplier | | :--- | :--- | :--- | :--- | :--- | | A | Nariman Point (Comm) | 35,000 | 65,000 | 1.85x | | D | Tardeo (Res) | 4,500 | 35,000 | 7.7x | | H | Bandra West (Res) | 3,200 | 45,000 | 14x | | K | Andheri East (Res) | 1,800 | 18,000 | 10x | | P | Malad West (Res) | 1,300 | 15,000 | 11.5x | | S | Mulund (Res) | 1,200 | 14,500 | 12x | ready reckoner 2001-02 mumbai

Observation: The Suburbs saw a much higher multiplier (10-14x) compared to South Mumbai (2-8x). This explains why the 2001-02 Ready Reckoner is vital for suburban properties—their notional "cost basis" for indexation is much lower relative to current value, but still legally defensible. To help you conceptualize the difference, here is

For tax purposes, the government allows you to use the Cost Inflation Index (CII) starting from 2001-02 as the base year (CII = 100). This was a gift to investors. If you bought a flat in 2002 for an "agreement value" matching the low RR rate, and sold it in 2023, your capital gains were artificially low. This incentivized under-valuation in the early 2000s, which still haunts tax audits today. This explains why the 2001-02 Ready Reckoner is

While using the 2001-02 ready reckoner is legally sound, be aware of the following: