In Gujarat 2001 - Jantri Rates

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?

Used for bank loans, surety purposes, and as a prerequisite for enrolling as a government contractor. Jantri Rates In Gujarat 2001

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 Jantri rates in Gujarat have not always been

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

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.