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Maharashtra May Prefer Status Quo on Ready Reckoner Rates

The ongoing economic slowdown and a dip in the registration of property may prompt the Maharashtra government to take a pause in the revision of the ready reckoner (RR) rates for Mumbai and rest of the state. A senior state government official said the RR rates were, typically, decided by the office of the inspector general of registrations (IGR) in Pune. “The issue was discussed at a recent meeting held between the IGR and the senior ministers,” he told Business Standard.


Planning To Buy Property In Mumbai? This Concerns You

It is nothing less than a dream come true if you have been able to manage enough money to buy a property in Mumbai, India's financial capital that has the distinction of being one of the most expensive property markets in the world. Data is a witness that despite the several efforts that have been made in the recent past to bring down prices, rates of property in Mumbai have been consistently rising, even if marginally. According to the National Housing Board, between the third quarter and the fourth quarter of the financial year 2016-17, property rates in Mumbai increased 3.6 per cent.


What documents to check before buying property in Mumbai

Planning to buy a property in Mumbai? Worried about the documents to be seen in order to avoid property tangles? Buying a property, especially in Mumbai is like a dream getting executed. But it will take hardly any time for your dream to get ruined. To avoid this, it is vital to know what documents to be checked before buying a property, whether a ready one or a property that is under construction. As it is said “Prevention is better than cure.” This is to be done to shield yourself from becoming the target of false activity.

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