Maharashtra keeps Ready Reckoner rates unchanged

The Maharashtra state government has decided to keep the Ready Reckoner rates unchanged this year due to the slump in the real estate sector. Anil Kawade, the Inspector General of Registration, said that the Ready Reckoner rates for this financial year will remain the same as that of 2017-18. Earlier, there was a buzz that the rates might be brought down after the real estate industry suffered a number of blows due to several factors, the primary one being demonetisation.

Ready Reckoner rates are the prices of residential units, land or commercial property for a given area that are published and regulated by the state.

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