Firstly apply the depreciation to the ready reckoner value.
Carpet ready reckoner.
Supply only carpet.
A ready reckoner for how much carpet needed for your house is to calculate the nett square metres and then add about 10 for wastage.
The importance of ready reckoner rates for home buyers the rr rate of properties in a particular area is a good indication of the amount of money a potential home buyer will have to shell out.
Stamp duty ready reckoner rates per square meter are to be correlated with a built up area and not with carpet area or super built up area.
A guide to how much new carpet will cost is as follows.
Residential 78 630 per square metre.
Calculation of valuation of the above property will as follows.
Ready reckoner rates for the above property.
Market rates of properties are almost always higher and property prices in an area tend to increase when the rr rate is expected to be increased.
This simple formula seems to be close on most homes.
Stamp duty and registration fees have to be paid by the buyer purchaser of the property which cannot be less than the ready reckoner rate of the property.
The online ready reckoner calculation can be done on carpet area or built up area.
Ready reckoner rate x depreciation percentage x raise as per floor.