In , a 100 sq. yd residential plot had Jantri rate of ₹50,000 before 2001. After revision, the same plot’s Jantri jumped to ₹3.5 lakh. A middle-class family trying to buy it would have to pay ₹24,500 as stamp duty (7% of ₹3.5 lakh) instead of ₹3,500 earlier. Many such families abandoned legal purchase and continued living in ancestral or rented houses. This created a political embarrassment for local MLAs, leading to the partial rollback.
: The Gujarat government effectively doubled (100% increase) the Jantri rates starting February 5, 2023, to align more closely with modern market values. How to Check Jantri Rates Today Jantri Rates In Gujarat 2001
: When selling a property acquired before April 1, 2001, the "cost of acquisition" is often taken as the Fair Market Value (FMV) on that date to reduce tax liability. In , a 100 sq
