who can officially certify the 2001 value based on government data. Key Considerations for Mumbai Property
In Mumbai's real estate, the is a vital annual publication that sets the minimum government-approved property rates for specific zones. For the 2001-02 period, these rates were notably adjusted downward—a rare move at the time—to reflect a cooling market and encourage property registration. This historical data remains essential for calculating long-term capital gains tax, as 2001 is often used as the base year for property valuation. The Ledger of Lost Square Feet
The Department of Registration and Stamps categorized Mumbai into distinct zones and sub-zones to determine the rates. Several parameters influenced the final value of a property in the 2001–02 index:
The most common "full paper" source used by professionals is the book
Alternatively, if you're working on tax calculations and need to know the , I can explain that further. Share public link