To understand the quantum leap, let us look at a for key Gujarat cities. (Note: These are illustrative figures based on historical records. Actual rates vary by specific road and society.)
GCCI point to disparity in jantri rates, writes to state govt
As noted by the Gujarat Chamber of Commerce and Industry (GCCI) , there is a significant discrepancy between the 1999/2001-based Jantri and modern market values, which is why accurate historical data is necessary for tax professionals.
primarily displays the latest rates, historical 2001 data can be accessed through specific archived sources: GIDC Allotment Prices (2001-2002) Gujarat Industrial Development Corporation (GIDC) jantri rates in gujarat 2001 high quality
The 2001 Jantri rates served as the foundational template for all subsequent revisions (2011, 2016, 2021). They established the principle that Jantri is a minimum guideline , not a fixed market price. For researchers and practitioners, the 2001 document remains a historical benchmark for understanding Gujarat’s property valuation evolution.
Jantri Rates in Gujarat 2001: A Guide to Historical Valuation
Makarpura (₹1,500/sq m), Nandesari (₹600/sq m). To understand the quantum leap, let us look
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Understanding Jantri Rates in Gujarat 2001: A Historical Perspective
Sometimes, an old sale deed might have been registered at a value lower than the 2001 Jantri, leading to a "deficit stamp duty" notice decades later. You need the original 2001 Jantri to prove compliance. primarily displays the latest rates, historical 2001 data
Below are representative rates (per sq. mtr.) from the official 2001 GIDC allotment schedule for key areas: Estate Name Rate (₹ per sq. mtr) Naroda / Odhav ₹800 – ₹900 Bhaktinagar Gandhinagar Gandhinagar (Engg) Gandhidham Vapi (GIDC area) Key Historical Context Base Year Discrepancy
The most accurate source is the physical register at the sub-registrar office for the specific taluka/city.
The 2001 rates departed from a uniform district rate. Instead, properties were classified based on:
In Gujarat, the term “Jantri” is a cornerstone of every property transaction. Officially known as the Annual Statement of Rates (ASR), these government-determined land values serve as the bedrock for calculating stamp duty, registration fees, and property taxes. For property buyers, real estate investors, and landowners, historical Jantri rates are essential for evaluating asset growth, resolving property disputes, and understanding the state’s real estate evolution.
For example, the Jantri rate for commercial property in Zone A of Surat’s textile market was 5–6 times higher than residential rates in the same zone.