It determines the minimum value at which a property can be registered.
The Gujarat government notified April 1, 1999, as its base date for stamp duty valuation, creating a gap for those needing an official 2001 valuation for capital gains tax calculations. Jantri Rates In Gujarat 2001
Also known as the , the Jantri is the government's official estimate of land and building values. It serves several primary functions: It determines the minimum value at which a
The year 2001 is a critical landmark in Gujarat's real estate history, primarily due to the discrepancy between state property valuation (Jantri) and the central government's Income Tax benchmarks. It serves several primary functions: The year 2001
Used for bank loans, surety purposes, and as a prerequisite for enrolling as a government contractor.
Jantri rates in Gujarat have not always been updated annually, leading to significant "catch-up" hikes in later years: Allotment Price for the year 2001-2002 - GIDC
For specific industrial sectors, the Gujarat Industrial Development Corporation (GIDC) fixed allotment prices for plots effective from April 1, 2001 , which served as the benchmark for industrial and housing estates at that time. What is a Jantri Rate?