If the area was not part of MMR in 2001-02, the Ready Reckoner for that year will not list it. In that case, you must use the closest comparable locality or a government valuer.
: The FMV used for tax purposes cannot exceed the Stamp Duty Value (Ready Reckoner rate) as of April 1, 2001. ready reckoner 2001 02 mumbai pdf
The 2001–02 Ready Reckoner has no legal validity for current transactions . Stamp duty today must be calculated using the latest Annual Statement of Rates (e.g., 2024 or 2025 edition). However, it remains valuable for: If the area was not part of MMR
These fees are directly tied to the property values listed in the ASR. 2024 or 2025 edition). However