The state may have to take permission from the Election Commission of India (ECI) to announce the ready reckoner rates on April 1, if the model code of conduct comes into effect for the Lok Sabha elections by then, said a senior revenue officer.
Collectors in Pune have been instructed to hold meetings with political leaders to finalize the ready reckoner rates for the upcoming year. The rates will be announced by March-end and implemented from April 1. Find out more about the process and timeline.
RR rates are the rates of residential property land or commercial properties for a given area published by the state government after assessment. The rates are announced at the beginning of a financial year.