No Escalation in Ready Reckoner Rates for Mumbai in 2018-19

Background

Every financial year the Chief Controlling Revenue Authority and Inspector General of Registration, Maharashtra State, publish the annual table of rates.

Intent

  • Considering the slowdown in the Real Estate Sector is has been decided not to escalate the Ready Reckoner Rates for the year 2018-19.

Content

  • The Ready Reckoner Rates for 2018-19 will be retained as per the previously published Ready Reckoner Rates of 2017-18.
  • Any specific updations to specific land parcels will be conveyed through timely updates on the online portal www.igrmaharashtra.gov.in .

Open Questions

  • The teams referring to the Ready Reckoner Rate will need to refer to the online portal for specific updations beyond the 2017-18 Ready Reckoner publications.