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Mumbai Property Tax Rates Unchanged, but Bills Rise Due to Ready Reckoner Revision

Real Estate Mumbai

Mumbai Property Tax Rates Unchanged, but Bills Rise Due to Ready Reckoner Revision

The Brihanmumbai Municipal Corporation (BMC) confirms no increase in property tax rates for 2025-26, but residents are seeing higher bills due to the revision in ready reckoner rates. The changes come after a 10-year gap.

May 30, 2025
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Mumbai BMC Increases Property Tax by up to 15% After a Decade

Real Estate Mumbai

Mumbai BMC Increases Property Tax by up to 15% After a Decade

After almost a decade, the BMC has raised property tax rates by up to 15% for over 9 lakh properties in Mumbai for the 2025-26 fiscal year. This increase has been a point of contention among residents, with some areas experiencing hikes higher than the official 15%.

May 28, 2025
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Maharashtra Ready Reckoner Rate Hike: How a 3.9% Increase Affects Home Buyers

Real Estate Maharashtra

Maharashtra Ready Reckoner Rate Hike: How a 3.9% Increase Affects Home Buyers

The Maharashtra government has increased the Ready Reckoner Rates (RRR) by an average of 3.9%, impacting property costs across the state. This article delves into the implications of this hike for home buyers and sellers.

April 3, 2025
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Maharashtra Hikes Ready Reckoner Rates for 2025-26: Impact on Property Prices

Real Estate Maharashtra

Maharashtra Hikes Ready Reckoner Rates for 2025-26: Impact on Property Prices

The Maharashtra government has announced an increase in Ready Reckoner rates for the year 2025-26, marking the first hike in two years. This decision is expected to impact property prices and the real estate market significantly.

April 2, 2025
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Maharashtra Government Revises Circle Rates: Property Prices See 3% CAGR Over 10 Years

Real Estate Maharashtra

Maharashtra Government Revises Circle Rates: Property Prices See 3% CAGR Over 10 Years

The Maharashtra government has recently revised the ready reckoner rates for the financial year 2026, marking the first update in two years. This adjustment reflects the steady growth in property prices, which have seen a compound annual growth rate (CAGR) of 3% over the past decade.

April 2, 2025
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Real Estate Stocks Soar as NIFTY REALTY Index Surges 3%; Key Factors Driving the Rally

Real Estate Maharashtra

Real Estate Stocks Soar as NIFTY REALTY Index Surges 3%; Key Factors Driving the Rally

The real estate sector witnessed a significant boost as the NIFTY REALTY index surged by 3%. This positive momentum can be attributed to various factors, including an increase in ready reckoner (RR) rates in Maharashtra. Here's a detailed look at the key drivers behind this rally.

April 2, 2025
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Maharashtra's Revised Ready Reckoner Rates Cause Market Turmoil

Real Estate Maharashtra

Maharashtra's Revised Ready Reckoner Rates Cause Market Turmoil

Maharashtra's recent upward revision of ready reckoner rates has caused a significant downturn in the real estate sector, sending the market into a tailspin. This move has raised concerns about the impact on property valuations and the overall economic landscape.

April 2, 2025
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Mumbai Realty Stocks Tumble as Stamp Duty Hikes Loom

Real Estate Mumbai

Mumbai Realty Stocks Tumble as Stamp Duty Hikes Loom

Mumbai real estate stocks experienced a significant dip of up to 3.34% following the Maharashtra government's decision to increase ready reckoner rates by 3.39% for the fiscal year 2026.

April 2, 2025
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Maharashtra Ready Reckoner Rates: What the 3.9% Increase Means for Homebuyers

Real Estate Mumbai

Maharashtra Ready Reckoner Rates: What the 3.9% Increase Means for Homebuyers

The Maharashtra government has announced a 3.9% increase in ready reckoner rates, affecting property transactions in the state. This move has significant implications for homebuyers and the real estate market, especially in Mumbai where redevelopment activities are on the rise.

April 1, 2025
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Understanding the Impact of Maharashtra's New Ready Reckoner Rates on Real Estate

Real Estate Maharashtra

Understanding the Impact of Maharashtra's New Ready Reckoner Rates on Real Estate

Rohit Gera, Managing Director of Gera Developments, discusses the implications of the new ready reckoner rates announced by the Maharashtra government and how they are reshaping the real estate market.

April 1, 2025
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Understanding the Impact of Maharashtra’s New Ready Reckoner Rates on Real Estate

Real Estate Pune

Understanding the Impact of Maharashtra’s New Ready Reckoner Rates on Real Estate

Pune, 1st April 2025: The recent increase in Maharashtra’s Ready Reckoner rates has sparked significant discussions in the real estate sector. Managing Director of Gera Developments, Rohit Gera, shares his insights on how these changes will affect the market and what buyers and developers can expect.

April 1, 2025
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Maharashtra Government Increases Ready Reckoner Rates for 2025-26

Real Estate Pune

Maharashtra Government Increases Ready Reckoner Rates for 2025-26

The Maharashtra government has announced a significant increase in the Ready Reckoner rates for 2025-26, which will have a profound impact on the real estate market in the state.

April 1, 2025
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Maharashtra Ready Reckoner Rates: Understanding the 3.9% Increase for Homebuyers

Real Estate Pune

Maharashtra Ready Reckoner Rates: Understanding the 3.9% Increase for Homebuyers

The Maharashtra government has revised the Ready Reckoner Rates (RRR) by an average of 3.9%, with significant increases in Pune and Navi Mumbai. This article delves into what this means for homebuyers and the real estate market.

April 1, 2025
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Mumbai Property Prices to Rise as Maharashtra Govt Hikes Ready Reckoner Rates by 3.4%

Real Estate Maharashtra

Mumbai Property Prices to Rise as Maharashtra Govt Hikes Ready Reckoner Rates by 3.4%

In a significant move that will affect property buyers, sellers, and real estate investors across Maharashtra, the state government has officially increased the ready reckoner rates by 3.4%. This decision is expected to have a notable impact on the real estate market in Mumbai and other key cities in the state.

April 1, 2025
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Nifty Realty Takes a Hit: What's Causing Concern Among Investors?

Real Estate Maharashtra

Nifty Realty Takes a Hit: What's Causing Concern Among Investors?

The Nifty Realty index has witnessed a significant downturn, falling by 4%, primarily due to the recent hike in ready reckoner rates by the Maharashtra government for the financial year 2025-26.

April 1, 2025
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Maharashtra Government Increases Ready Reckoner Rates: Impact on Real Estate

Real Estate Pune

Maharashtra Government Increases Ready Reckoner Rates: Impact on Real Estate

The Maharashtra government has raised Ready Reckoner rates by an average of 3.9% across the state, sparking concerns among developers and real estate industry representatives. This hike, amid rising construction costs, poses significant challenges for the industry.

April 1, 2025
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Mumbai Property Rates Soar as Maharashtra Government Hikes Ready Reckoner Prices

Real Estate Maharashtra

Mumbai Property Rates Soar as Maharashtra Government Hikes Ready Reckoner Prices

The Maharashtra government's decision to increase ready reckoner rates by 5-10% will significantly impact property buyers in Mumbai and other parts of the state, leading to higher property costs and affecting the real estate sector.

April 1, 2025
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Maha Govt Hikes Ready Reckoner Rates: Property Transactions to Get Costlier

Real Estate Mumbai

Maha Govt Hikes Ready Reckoner Rates: Property Transactions to Get Costlier

Property buyers in Mumbai and Maharashtra will face higher costs for property transactions as the state government increases ready reckoner rates, effective April 1, 2023.

March 31, 2025
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Maha Govt Hikes Ready Reckoner Rates: Property Transactions to Become Costlier

Real Estate Maharashtra

Maha Govt Hikes Ready Reckoner Rates: Property Transactions to Become Costlier

The Maharashtra government has increased ready reckoner rates, making property transactions more expensive for buyers in Mumbai and the rest of the state. This move is expected to impact the real estate sector significantly.

March 31, 2025
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Mumbai Property Transactions to Incur Higher Costs as Maharashtra Government Adjusts Ready Reckoner Rates

Real Estate Mumbai

Mumbai Property Transactions to Incur Higher Costs as Maharashtra Government Adjusts Ready Reckoner Rates

The property buyers in Mumbai and other parts of Maharashtra will face increased costs due to the recent adjustments in the ready reckoner rates by the Maharashtra government.

March 31, 2025
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