Well, relaxation times are not easily measureable as you usually have multiple compartiments in the brain that can have different relaxation times. Therefore relaxation properties are usually multi-exponential. To make thinks worse you can also have frequency and phase shifts between these signal components and the signal formation can be dependent on tissue orientation within the scanner. Especially T2* is effected, and therefore you will usually get different values if you measure T2* depending on the signal model you use and the echo times you choose to measure.
Properties for CSF are easily obtainable, just measure a water phantom. CSF relaxation times are approximately equal to water.
The definitive study on relaxation values at 3T was performed by Greg Stanisz et al. 1. Stanisz, G. J. et al. T1, T2 relaxation and magnetization transfer in tissue at 3T. Magn Reson Med 54, 507–512 (2005). A copy of Table 1 is attached for your use.
Hi Harshan, without knowing what structures you're interested in, it's not really possible to answer definitively. Have a look at our paper in NeuroImage for reference to cortical R1 and R2* (reciprocal of each will give you T1 and T2*). These were mapped using various versions of the MPM protocol developed at the WTCN by Weiskopf, Lutti, Callaghan, Helms, Dick and colleagues. Note that the raw data are available from the Birkbeck repository as FreeSurfer-readable ascii files, should you wish to import those and base your simulations on real data.
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