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Maharashtra Fiscal Pressure Spurs RR Rate Hike, Signaling Property Valuation Shift

Mounting fiscal deficits and escalating state debt are compelling Maharashtra officials to consider an imminent upward revision of Ready Reckoner (RR) rates, potentially exceeding five percent starting April 2026. This move follows significant supplementary budget demands, contrasting sharply with developer calls for rate stability.

By Uday Bandodkar

  • Mar 08, 2026 14:32 PM IST
  • 1296 Views
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