Jantri Rates In Gujarat 2008 -

The 2008 rates served as the official benchmark for nearly three years until the next major hike in 2011, which saw some urban values jump by 300% to 400% . Why 2008 Jantri Rates Still Matter Today

The 2008 Jantri also established specific rates for , a category that had previously been subject to inconsistent and often outdated valuation methods. Under the new rates, agricultural land in areas such as Anjana TP Scheme No. 7 in Surat district was valued at ₹6,300 per square metre , compared to ₹10,500 per square metre for non-agricultural (NA) land in the same location—creating a clear incentive for landowners to seek conversion and for the government to collect significant revenues from that process.

Govt begins exercise to revise jantri rates | Ahmedabad News jantri rates in gujarat 2008

When a property transaction takes place, the state determines stamp duty and registration fees based on whichever is higher: the actual contractual market value or the designated Jantri rate. This legal safety net prevents tax evasion through artificial undervaluation of real estate. Historical Context: The 2008 Implementation

While the current online portals primarily display the latest rates, historical data can be accessed through: The 2008 rates served as the official benchmark

Prior to 2008, property valuation was often subjective. The 2008 guidelines introduced stricter, area-based categorization. Properties were explicitly divided by use case: Residential Commercial Industrial Agricultural (irrigated vs. non-irrigated) 3. Curbing Black Money

Inspector General of Registration and Superintendent of Stamps 7 in Surat district was valued at ₹6,300

Some examples of 2008 Jantri rates in Gujarat are: