Ask any broker, lawyer, or family fighting a inheritance dispute, and they will tell you there is a single year that acts as the great divider in Mumbai real estate: .

The 2001–02 historical documentation holds profound legal and financial weight for property owners and tax professionals due to the following functions: 1. Capital Gains Tax Assessment

Ready Reckoner (RR) Rate of 2001–02 in serves as a critical historical benchmark in the city's real estate and tax history, as it defines the Fair Market Value (FMV) April 1, 2001

This government-determined value acts as a mandatory baseline. Regardless of the actual transaction price agreed upon between a buyer and seller, stamp duty and registration fees must be calculated on whichever amount is higher—the market value or the Ready Reckoner value. This mechanism was introduced primarily to prevent the common practice of property undervaluation, where buyers and sellers would declare a lower price to evade taxes, thereby protecting state revenue.

Getting a physical copy from 2001 is difficult, as the government primarily provides digital records from 2010 onward. Here is your action plan: