To understand the significance of the 2001-02 rates, one must understand the economic climate:
Family partitions often refer to the property’s value as of April 1, 2001, to avoid conflict over older, unrecorded transaction values. Courts and arbitrators routinely accept the Ready Reckoner 2001-02 as an official government estimate.
Urban economists, historians, and property consultants use this document to map how Mumbai’s real estate has evolved across micro-markets—from Byculla to Borivali, and from Ghatkopar to Goregaon. ready reckoner 2001 02 mumbai pdf
Absolutely. That is the exact use case. The law assumes the property’s value on April 1, 2001, is what the Ready Reckoner states, regardless of what you paid in 1995.
Under the Income Tax Act, when selling a property bought in 2001-02, you need the Fair Market Value (FMV) as of April 1, 2001 (or the purchase year). While the government uses a Cost Inflation Index (CII), many assessors use the Ready Reckoner rate to cross-verify the "stamp duty value" at the time of purchase. To understand the significance of the 2001-02 rates,
Use Case: If you inherited a property in Malad in 2001, the Ready Reckoner 2001-02 Mumbai PDF provides the legal baseline valuation to calculate Long Term Capital Gains (LTCG) tax liability today.
Warning: Beware of third-party websites claiming to offer this PDF for a fee. Many contain OCR errors or scanned copies of the wrong year. Absolutely
Here is the legitimate process to obtain the document:
If you are in the middle of filing an Income Tax return or a property sale, your CA likely possesses a master archive of Ready Reckoners dating back to 1990. This is the fastest route.