What is Ready Reckoner Rate and How to Calculate It?

Achieving maximum value when purchasing a property requires negotiating the best price. But how can one determine what a reasonable price for a property is? For this precise reason, the Ready Reckoner (RR) rate in India acts as a guiding tool. The minimal price at which a property must be registered for a transaction between the seller and the buyer is known as the ready reckoner rate, often referred to as the guiding value or the circular rate.… Read more

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