<ul><li>Real estate players in Maharashtra are concerned about the increase in ready reckoner rates (RRR) by the State government.</li><li>The RRR is used as the basis for registration fees, stamp duties, development expenses, and municipal charges in property transactions in the state.</li><li>Real estate organizations argue that the rate hikes may impede housing affordability and hinder redevelopment projects.</li><li>While some property consultants believe the market can absorb the hike, industry players are worried about its impact on demand and construction costs.</li></ul>

Real estate players fear demand hit from rise in ready reckoner rates in Maharashtra

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