How do you find the ready reckoner rate?
With the help of“RECKONER” you have to locate the Division / Village with Zone / Sub Zone and C.S. / C.T.S. number etc. of you’re the property, from the table you can find the rates of property such as Land, Residential, Office, Shop and Industrial Unit. Rates are per Square Meter (Built-Up-Area) or in Hectare.
What is ready reckoner rate in Mumbai?
Current Ready Reckoner Rate In Mumbai
| Type Of Property | Current Ready Reckoner Rate |
|---|---|
| Apartments and Flats | Rs.42,000 – Rs.8,61,000 per sq.mt. |
| Residential land | Rs.16,500 – Rs.4,75,500 per sq.mt. |
| Office space | Rs.55,100 – Rs.1,062,500 per sq.mt. |
| Shops | Rs.53,700 – Rs.1,197,500 per sq.mt. |
What are ready reckoner rates?
A Ready Reckoner Rate (RRR) is the standard value of an immovable property assessed and regulated by the respective State government in which the property is established. The RRR acts as a benchmark below which no property transactions can take place in an area.
How is rateable value of property calculated in Mumbai?
Act. Rateable value of any building or land is determined by allowing 10% statutory deduction in lieu of all allowances for repairs or any other account whatever from the annual rent of such building or land for which such building or land might reasonably be expected to let from year to year.
What is a ready reckoner table?
A ready reckoner is a printed book or table containing pre-calculated values, often multiples of given amounts. They were widely used in shops and by tradesmen before the advent of cheap electronic calculators, Metric weights and measures and Decimal currencies in the 1970s.
What is TDR rate in Mumbai?
The current price of TDR is now around Rs 4000/sqft.
How is property tax calculated in Mumbai?
Property tax = Tax rate * Capital Value Where capital value = Rate of base value^* Total carpet area/area of land in case of vacant land * building type * age factor * usage factor * floor factor.
What is ready reckoner calculator?
How is TDR calculated in Mumbai?
The development potential of land in Mumbai is determined in the form of the Floor Space Index (FSI) – a ratio of the buildable area to plot area….TDR for Mumbai Development.
| Category of TDR | Area/ activity | Allowable FSI |
|---|---|---|
| Construction work | 1.0 | |
| Road | Land development and construction work | 2.0 |
| Construction work | 1.0 | |
| Slum | Re-development | 2.5 |
What is the ready reckoner rate for flats in Mumbai?
The residential apartments or flats in Mumbai have a ready reckoner rate ranging between Rs. 42,000 and Rs. 8,61,000 for every sq.mt. This is applicable to 2018 and 2019. The commercial properties (private and public) in Mumbai have a maximum ready reckoner rate of Rs.1,197,500 for every sq.mt.
Which is the minimum rate for ready reckoner?
Ready Reckoner Rate (RRR) which is also known as circle rate or guidance value is the minimum rate fixed for an immovable property by the state government through the sub-register office. Immovable property includes plot, residential property, and commercial property.
Which is the best website for real estate in Mumbai?
Welcome to Ready Reckoner – Mumbai a website covers real estate information like stamp duty, property registration, e-stamping,stamp duty on residential property, stamp duty on commercial property, vastu shastra for flats and offices, home loans,valuation and other legalities related to real estate across Mumbai.
Which is the best ready reckoner village in Mumbai?
Presenting list of available villages in Mumbai ready reckoner 2013. We have also provided the ready reckoner values and CTS numbers of each village in Mumbai.To find the more information follow this link
