Under the Income Tax Act, if a property was acquired before April 1, 2001, the taxpayer can opt for the FMV as of this date as their cost of acquisition. Pagdi/Tenancy Adjustments: Pagdi units
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In early 2002, the Maharashtra state authorities implemented significant changes to the market values in the Ready Reckoner: Most areas saw a 5% to 10% increase.
: Mumbai saw a modest 3.39% increase in RRR for the 2025–26 period. For the 2026–27 fiscal year starting April 1, 2026, initial reports indicated the government might freeze these rates or implement a slight 4-5% average hike depending on infrastructure development. Stamp Duty & Registration Costs (2026)
