Are you ready for the Mumbai Ready Reckoner 2013 rates ?

Mumbai Ready Reckoner 2013 rates

Yes. The new ready reckoner has come into effect and the average increase in prices across Mumbai city is around 14 % from the 2012 rates. This is actually good news as the previous year's increase was more than 14%.

However, on the flip side there has been a staggering increase of around 1000 percent in certain property rates in the Mumbai western suburbs in the location of Borivali & Kandivali.

Most stamp duty & property professionals suggest that this seems to be an error which would be addressed & rectified soon.

Hopefully this happens soon as registration of properties in these particular locations would be effected due to the unbelievable rate hike in the Mumbai ready reckoner rates.