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Ready Reckoner Mumbai 2012 Pdf ((INSTALL))

Ready Reckoner Mumbai 2012 Pdf ((INSTALL))


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Ready Reckoner Mumbai 2012 Pdf

mumbai real estate board (bd) it was set up under the maharashtra government to facilitate the real estate transactions in mumbai.india is the land, residential and commercial properties in mumbai for rates as on jan-11.

mumbai ready reckoner rates are the prices of land, residential properties, and commercial properties for any given area defined and published by govt each year. its revised from time to time whenever govt feels that there is a need for prices revision. stamp duty and registration costs that are paid by a real estate buyer cant be below this ready reckoner price or the actual price of the property.

ready reckoner rates are the prices of land, residential properties, and commercial properties for any given area defined and published by govt each year. its revised from time to time whenever govt feels that there is a need for prices revision. stamp duty and registration costs that are paid by a real estate buyer cant be below this ready reckoner price or the actual price of the property.

its updated every year in december every year by the government of maharashtra. these rates are the prices of land, residential properties, and commercial properties for any given area defined and published by govt each year. stamp duty is a special tax levied on the sale of real estate properties in india. the stamp duty, at present, is applicable on the following: mumbaiready reckoner rates are the prices of land, residential properties, and commercial properties for any given area defined and published by govt each year. its revised from time to time whenever govt feels that there is a need for prices revision. stamp duty and registration costs that are paid by a real estate buyer cant be below this ready reckoner price or the actual price of the property.

now the question is, why govt will not correct the ready reckoner prices? it must be just to keep builders over a strict control. there are two ways in which we can solve this, first is to come out with the time bound laws and rules and in second is to lay down a yearly budget for the same, so that govt can fix the prices with in the limits. for long back we had a similar system in railways as well, where there were two sets of prices for rail tickets for long back. the current set of ticket prices is better, since its now time bound and is linked to the gdp growth, not to the inflation or budget.
now there are few other aspects, which should be considered while deciding the ready reckoner price. the first thing is the need for such system. the second is the way in which it is done. now there are many states which do this, but the system is mostly put in place to protect the purchasers from the builders. its very common that the ready reckoner prices are not even equal to the market prices (benchmark) of the area. its done to benefit the builders, so that they are not affected by the change in ready reckoner prices and they can still increase the prices if they want to. another reason is, that the ready reckoner prices are fixed at the time of registration of the property (by the builder). if the ready reckoner is increased, the market prices will increase and the value of the property will also increase. now the builder will claim that the market prices are too high and the ready reckoner prices are lower and hence its unjust.
so its a very important and tricky task for the govt, to regulate the price of property. the govt has to decide if its just or not and after the govt takes such decision it has to follow it strictly. this can happen either by saying the ready reckoner prices have to be fixed or by fixing the ready reckoner prices every year depending on the local market conditions.
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