Ready Reckoner, RR is an annual statement of rates based on which the stamps and registration department collects stamp duty from property buyers which are revised on January 1 every year. However, in a key policy shift, the Maharashtra Government has issued a gazette notification that the prevailing RR rates with an average increase of […]
Ready reckoner rates Archive
March 18, 2015 9:00 am
More charge on extra FSI can hit the redevelopment work in Mumbai’s suburbs
Recently, the proposal of Maharashtra government to put extra charge on builders more for the extra 0.33 floor space index (FSI) given for housing projects is likely to hit redevelopment work in Mumbai‘s suburbs. The Maharashtra government has increased the ready reckoner rates by an average 15% every year since 2008 and now government is […]