| Region | Typical RR Rate (Rs/sq ft) in 2001 | Equivalent in 2025 (Est.) | | :--- | :--- | :--- | | | 8,000 – 15,000 | 80,000 – 1,50,000 | | Dadar / Matunga (Central) | 1,500 – 2,500 | 20,000 – 35,000 | | Bandra (West) | 1,200 – 1,800 | 25,000 – 40,000 | | Andheri (West) | 500 – 800 | 12,000 – 18,000 | | Borivali (West) | 300 – 450 | 8,000 – 12,000 | | Navi Mumbai (Vashi) | 200 – 350 | 7,000 – 10,000 |
In 2001, the Maharashtra government was still in the early stages of using RR rates to curb "black money" (unaccounted cash) in real estate. Unlike today’s hyper-inflated values, the 2001 rates reflected a Mumbai that was yet to witness the mid-2000s boom.