The serves as a vital financial baseline in Indian real estate . Officially known as the Annual Statement of Rates (ASR), these government-mandated values establish the minimum transaction baseline for property evaluations. While it sounds like a dated administrative footnote, the 2001 fiscal year remains a pivotal regulatory milestone used extensively for Capital Gains Tax calculations, property dispute settlements, and long-term valuation modeling .
: You can visit the local Sub-Registrar's office in your area to request a physical copy or extract from the 2001 ASR. ready reckoner 200102 mumbai top
Because actual market data from decades ago is often unrecorded or obscure, the serves as the primary legal evidence to declare that baseline FMV. If you are selling a family property in Mumbai purchased in the 1980s or 1990s, your entire Capital Gains tax liability hinges directly on what the 2001–02 Annual Statement of Rates dictated for your specific zone. Top Micro-Markets and Zones: Then vs. Now Ready Reckoner | Mumbai | Thane | Palghar | Raigad | Pune The serves as a vital financial baseline in