: Despite the market slowdown, the government’s insistence on these high rates helped them collect ₹8,384 crore in stamp duty during 2008-09. Secondary Costs : The high 2008 base rate also increased the
of a flat rather than just the carpet area, adding to the financial burden. The "Static" Year (2009) ready reckoner rate mumbai 2008 pdf hot
Multiply the built-up area of the property by the RR rate per square meter. : Despite the market slowdown, the government’s insistence
hit, market prices began to dip, yet the government "held on" to these peak 2008 rates for the following year. This created a "hot" controversy: buyers were forced to pay stamp duty based on inflated 2008 benchmarks even as the actual market value of their homes was falling. Key Details of the 2008 Mumbai RR Rates Massive Initial Hike hit, market prices began to dip, yet the