: It serves as the "Circle Rate," acting as the legal baseline for property registration. If a property is sold below this rate, the government still charges stamp duty based on the Ready Reckoner value to prevent tax evasion through price underreporting.
: Modern buildings with elevators, parking, and gymnasiums often carry a premium over basic structures. consumerresources.in Accessing Historical Rates For specific data from the 2001–2002 ready reckoner 200102 mumbai top