: For properties built before 2001, a depreciation factor is applied based on the age of the structure at that time. SMFG Grihashakti Ready Reckoner | Mumbai | Thane | Palghar | Raigad | Pune
Related search suggestions: (Provided to help refine searches) ready reckoner 200102 mumbai extra quality
– Even if you negotiate a lower actual sale price, the government will charge stamp duty on the extra quality ready reckoner rate. For a 1,000 sq.ft. flat on Marve Road with extra quality: Base RR: ₹30,000/sq.ft. → Value ₹3 Cr → Stamp duty (~5%) = ₹15 lakhs Extra Quality (+10%): ₹33,000/sq.ft. → Value ₹3.3 Cr → Stamp duty = ₹16.5 lakhs Difference = ₹1.5 lakhs extra : For properties built before 2001, a depreciation
Higher "extra quality" valuations directly increased the stamp duty burden on the buyer. 🔍 Key Factors for Assessment flat on Marve Road with extra quality: Base RR: ₹30,000/sq
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