Вернуться вверх страницыpublished by the Maharashtra government, which sets the minimum transaction value for properties in specific areas like the pin code (typically covering parts of Malad West The Story of "The Market vs. The Book"
Imagine Rahul, who is buying a 1,000 sq. ft. apartment in Malad West (200102). He agrees to buy it from a friend for a "deal" price of ₹1.5 Crore. However, when he goes to register the property, he realizes he cannot simply pay stamp duty on that amount. The Floor Price : The government’s Ready Reckoner (RR)
acts as a floor. If the RR rate for his specific street is ₹18,000 per sq. mtr., the government "reckons" the property is worth at least ₹1.8 Crore, regardless of his actual deal. The Cost of "Deals"
: Because the RR rate is higher than his purchase price, Rahul must pay the 5-6% stamp duty based on the ₹1.8 Crore valuation. If he doesn't, the registration office will flag the transaction. The Impact : These rates are updated every April. According to the Hindustan Times , rates are projected to increase by
for the 2026-27 financial year, meaning buyers in 200102 should lock in registrations before the next hike to save on taxes. Birla Estates How to Calculate the Value in 200102 ready reckoner 200102 mumbai
To find the exact value for a property in this zone, you can use the IGR Maharashtra portal : Identify the Zone and Sub-zone
(often listed as Malad or specific revenue villages within 200102). : Multiply the Built-up Area by the current RR rate. : Add premiums for amenities. For example, Bajaj Finserv notes that covered parking adds of the unit area rate to the total valuation. Bajaj Finserv Why This Matters for You Home Loans : Banks usually lend based on the of the RR rate or the market value. Income Tax
: If you buy a property below the RR rate, the difference is considered "Income from Other Sources" under Section 56(2)(x) and is taxable for the buyer. specific RR rate for a particular building or street within the 200102 area? Everything you need to know about the Ready Reckoner Rate
A: Yes. If you feel your property is in poor condition, has an old structure, or lacks legal amenities, you can file a Form 2 (Appeal) with the Sub-Registrar of Assurances for Malad to get a valuation reduction. published by the Maharashtra government, which sets the
Properties facing the arterial road command a higher premium due to visibility and footfall.
Under Maharashtra’s digitized property registration system (SARITA / IGRS), each ward is assigned a unique 7-digit code.
200102 refers to a specific sub-division within Mumbai.
Based on IGR Maharashtra mapping:
✅ Confirmed: Code
200102corresponds to parts of South Mumbai – specifically Fort, Nariman Point, Churchgate, Hutatma Chowk, Kala Ghoda, and surrounding areas (Ward A & part of Ward B). Residential (Building): ₹1,05,000 to ₹1,25,000 per sq
This tutorial explains how to read and use a ready reckoner (rate chart) for property valuation—specifically using the Mumbai ready reckoner identified by the subject string "200102 Mumbai" as an example code. It covers purpose, structure, step-by-step valuation, adjustments, worked examples, and practical tips.
Note: I assume "200102" refers to a typical parcel/area code within Mumbai’s ready reckoner (circle/ward/zone) — if you meant a different code or year, substitute the correct code/year in examples below.
These are high-density, planned societies with good amenities.
The Ready Reckoner (also called the Annual Statement of Rates) is a government-published document that sets the minimum floor price for property transactions in a given area. It is used by the Sub-Registrar to calculate:
Key fact: Even if you buy a property below the RR rate, stamp duty is charged on the RR rate, not the actual transaction price.
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.