: The official IGR Maharashtra website (igrmaharashtra.gov.in) provides access to archival annual statement of rates (ASR) under their e-ASR application.
While the system updates regularly, the rates from April 1, 2001, hold a permanent spot in tax history. The union budget shifted the old base year from 1981 to 2001, transforming the 2001 handbook into an essential legal reference tool. Why the Year 2001 Matters for Capital Gains Tax ready reckoner rate mumbai 2001
: Visit the local Sub-Registrar’s office or the valuation department where the older "Bazaar Mulyankan Takta" books are archived in physical form. : The official IGR Maharashtra website (igrmaharashtra
For any real estate asset bought before April 1, 2001, the actual purchase price can be replaced with its 2001 Fair Market Value. This legal provision protects sellers from paying exorbitant taxes on decades of nominal inflation. Why the Year 2001 Matters for Capital Gains
Would you like a downloadable chart showing 2001 vs 2024 RR rates ward-wise, or a deeper dive into how to compute circle rates from that era?
The Fair Market Value (FMV) as of April 1, 2001, is used to determine the acquisition cost of a property purchased before that date.
The rates were revised periodically, with some areas seeing significant increases.