The Ready Reckoner Rate (RRR), also known as the circle rate, is the government-mandated minimum valuation at which property transactions can be legally registered.
If a property's actual transaction price is lower than the RRR, stamp duty is still paid based on the higher RRR value. ready reckoner 200102 mumbai top
During the 2001–02 financial year, Mumbai's real estate market was drastically different from today's high-rise landscape. The Ready Reckoner Rate (RRR), also known as
The Ready Reckoner Rate (RRR), also known as the circle rate, is the government-mandated minimum valuation at which property transactions can be legally registered.
If a property's actual transaction price is lower than the RRR, stamp duty is still paid based on the higher RRR value.
During the 2001–02 financial year, Mumbai's real estate market was drastically different from today's high-rise landscape.