Jantri Rates In Gujarat 2001 [better] Link

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?

Under Section 55(2)(b) of the Income Tax Act, 1961, April 1, 2001, is the base date used to determine the "cost of acquisition" for properties bought before this date. Jantri Rates In Gujarat 2001

It helps curb "black money" transactions by setting a floor price for real estate. Historical Timeline of Revisions It helps curb "black money" transactions by setting

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. For specific industrial sectors

It determines the minimum value at which a property can be registered.