Areas like Nariman Point, Malabar Hill, and Cuffe Parade maintained the highest RR rates in the country. The 2008 rates reflected the massive premium placed on south Mumbai commercial real estate before the corporate shift toward BKC accelerated. Bandra to Dahisar (Western Suburbs)
Market Value=Area of Property (sq. ft.)×RR Rate for Area (per sq. ft.)×FSI FactorMarket Value equals Area of Property (sq. ft.) cross RR Rate for Area (per sq. ft.) cross FSI Factor ready reckoner rate mumbai 2008 pdf
Years later, when someone asked him why he’d kept that crumpled printout, he would say simply: “Because numbers can change, and so can the future if we notice.” Areas like Nariman Point, Malabar Hill, and Cuffe