THE ARCHITECTS PUBLISHING CORPORATION OF INDIA
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Revised & Updated Stamp Duty Ready Reckoner for 2016
Stamp Duty Ready Reckoner, which was considered to be confidential document is now freely available to public due to the sincere efforts of The Architects Publishing Corporation of India. Now the Ready Reckoners for Mumbai & Thane 2016 are under preparation with great care keeping in mind the comments received from the professionals and the public. If in your area or zone the rates are different than the Ready Reckoner 2015 rates, you are advised to send your comments and suggestions to : Deputy Director of Town Planning, Mumbai Region (Valuation) Mumbai, Town Planning and Valuation Department, Govt. of Maharashtra, D.D.Bldg., 1st Floor, Old Custom House, Shahid Bhagat Singh Road, Near Horniman Circle, Fort, Mumbai - 400001.
In view of great response and appreciations from the public of Mumbai and Thane on the publication of the Ready Reckoner 2015, The Architects Publishing Corporation of India, have started the booking of classified entry from various class of professionals such as architects, estate agents, structural engineers, valuers, tax consultants, stamp duty and registration consultants etc.
As usual the market Value of Property for the year 2016 will be based on the rates recommended by the Town Planning and Valuation Department of the Government of Maharashtra. It will accompany 126 village maps for the general guidelines of the locality. The Ready Reckoner 2016 will incorporate valuation factors to facilitate the working of Market Value after allowing various rebates and depreciations.
This year having received several queries/suggestions from advocates, chartered accountants, valuers, tax payers, builders and estate agents, publishers have decided to incorporate all such suggestions as usual and will devote sufficient space to make the ready reckoner still more informative and useful. We have received several queries about the few C.T.S. No.(s) which are grouped in different zones whereas actually they are part of the other zones and same C.T.S. No.(s) in two different zones, this has caused great confusion and inconvenience to one and all to arrive at true and correct valuation. This has given scope of manipulation by crooks and unscrupulous brokers.
Ready Reckoner 2015 has played an important role in Building proposal department of the Municipal Corporation of Greater Mumbai, where the premium on lift, staircase, landing, open space deficiency and fungible FSI is charged with the help of Stamp Duty Ready Reckoner and Market Value of Properties in Mumbai 2015 published by The Architects Publishing Corporation of India. In this connection The Municipal Commissioner had issued official circular to all the departments concerned. This has caused additional demand for the copy of Ready Reckoner. To avoid the shortage of Ready Reckoner in future, publishers have decided to book the copy in advance and send the same immediately, through courier, on its publication.
Scope of the Ready Reckoner has further increased in view of amendment in the Capital Gain Tax, where sale consideration is directly related to valuation for stamp duty. All the architects, valuers, chartered accountants, tax consultants and advocates have shown keen interest in the Ready Reckoner for which Publishers are thankful to them and assure of still better and improved edition.