Ready reckoner rate is the minimum rate set by the government to register properties with the sub-registrar. The ready reckoner rate helps in calculating the market value of the property. In this answer I will tell you how to calculate ready reckoner rate, and factors affecting calculation of the ready reckoner rate. But you must know that ready reckoner rates vary from state to state, sometimes city to city/locality to locality.
How to calculate Ready Reckoner Rate?As mentioned earlier, the ready reckoner rates are calculated by the state government on the basis of multiple factors. Here are the factors which impact ready reckoner valuation.
Current market value of the area
Type of property: residential or commercial
Construction of property; an apartment, row house, bungalow or a plot
Parking area; open or covered.
Number of floors in the building
Location details and amenities around the property
Note: the charges for an open parking area is the area of open parking x 40% of the area's ready reckoner rate. Whereas, for a closed parking area it is area x 25% of area’s RRR.
How to calculate Ready Reckoner Rate in Pune?To calculate Ready Reckoner Rate in Pune, you will have to perform the following steps:
Visit the official website of Maharashtra Department of Registration and Stamps or
Click on
http://igrmaharashtra.gov.in/eASR/frmMap.aspx
On the map, click on ‘Pune’
You will be redirected to a new page
Here enter details like District, Taluka, and Village Name
You will see the assessment range and rate per hectare in the list displayed on the screen.
And these are the steps you need to know about how to calculate ready reckoner rate. You can find ready reckoner rate on your state website in the registration and stamps department.
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How to calculate ready reckoner rate?
Abhinav Jindal
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2021-06-11T12:02:49+00:00 2025-02-14T13:42:11+00:00Comment
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