Maharashtra's government maintains ready reckoner rates unchanged for FY2024-25, benefiting homebuyers and real estate sector.

Maharashtra's government has announced that ready reckoner rates will remain unchanged for FY2024-25, providing relief for homebuyers. Ready reckoner rates, used for calculating capital gains under income tax and determining stamp duty and registration charges, have not been revised since 2018-19. This decision is welcomed by the real estate sector as it promotes stability, encourages investment, and fosters growth, potentially stimulating demand and increasing sales and transactions.