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Showing posts from December, 2023

Ready Reckoner (Circle Rate) rates to be available online in Maharashtra state cities of mumbai, pune etc.

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Just by the click of a button and sitting in the comfort of your homes, you can soon access the ready reckoner rates of any government or private lands in any city or village in Maharashtra.  The Department of  Registration and stamps has developed ‘Jio portal’.  As per information, 22 districts including Pune, 400 municipal corporations have uploaded the data so far.  This facility will start from January 2024. As a result, citizens will get to know the re-calculator of land in different areas of different cities at a ‘click’ from their homes. What is ‘Ready Reckoner’? Also known as the circle rate , the ready reckoner rate is the minimum value at which a property transaction takes place. These charges are announced every year on March 31 by the regulatory authority of the State to ensure property transactions at uniform rates. it's fixed price of a land as per the government. The state government has the power to determine the ‘Ready Reckoner’. It fixes the rates of ‘ready reckon