Ready Reckoner 200102 Mumbai ★
Critically, for the 200102 Mumbai region, there is often a 15-25% gap between the government’s Ready Reckoner and the actual market price.
| Aspect | Implication | |--------|-------------| | Stamp duty | 6% of RR value (for male/female joint) → Very high in this zone. | | Under-valuation risk | Selling below RR invites tax penalty + possible prosecution. | | Capital gains | If actual sale price is below RR, the RR value is deemed sale price for tax. | | Bank loans | Lenders use RR as floor for valuation; may sanction up to 80-90% of RR value. |
Ready Reckoner 2001–02 — Mumbai: A concise reference compiling government-notified property valuation rates (circle rates) and related guidance for property valuation, stamp duty, and registration applicable to Mumbai for the fiscal year 2001–02. Intended for valuers, real estate professionals, legal practitioners, and researchers needing historical valuation benchmarks.
In the bustling real estate landscape of Mumbai, the Ready Reckoner (RR), also known as the Circle Rate, is the government-prescribed minimum valuation of a property. For anyone looking to buy, sell, or register property in the 200102 postal zone, understanding this document is not optional—it is mandatory. ready reckoner 200102 mumbai
The PIN code 200102 predominantly covers Malad (West) , specifically the upscale Lokhandwala Complex, Marve Road, Link Road, and the Evershine Nagar areas. As of the latest revision (currently valid until March 31, 2024, with annual updates expected in April), the rates in this zone vary significantly based on the specific road, building age, and usage (residential vs. commercial).
This article serves as a deep-dive ready reckoner for the 200102 Mumbai region, helping you decode the legal valuation of your dream home or investment property.
Certain pockets near the Mithi River or under the Coastal Regulation Zone (CRZ) have lower rates due to development restrictions. Critically, for the 200102 Mumbai region, there is
Conversion to Sq. Feet: Since Indian buyers prefer sq. ft., divide the above rates by 10.764.
Unlike generic suburb rates, the 200102 ready reckoner is road-specific. Here is a street-level estimate:
| Road/Landmark | Residential (Rs/Sq M) | Commercial (Rs/Sq M) | | :--- | :--- | :--- | | Laxmi Industrial Estate (Link Road) | 110,000 | 190,000 | | Raghuleela Mall vicinity | 115,000 | 210,000 | | Sunder Nagar (Lokhandwala) | 130,000 | 200,000 | | Orlem (Near St. Anne’s Church) | 100,000 | 160,000 | | Marve Road (Near HDFC Bank) | 108,000 | 175,000 | Ready Reckoner 2001–02 — Mumbai: A concise reference
A: No. PIN 200102 is strictly Malad West (including Marve, Mindspace, and Lokhandwala). Malad East falls under PIN 400097 and has separate, generally lower, ready reckoner rates.
Note: The following rates are indicative based on the Maharashtra Government’s annual RR survey. For exact per-plot/specific building numbers, please check the official IGRS Maharashtra portal.