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Jantri Rates In Gujarat 2008 [verified] Page
The exorbitant 2008 rates had a chilling effect across the board. For the common man aspiring to own a home, the dream seemed to be slipping away. The proposed hikes were estimated to force an additional payment of ₹40,000 to ₹50,000 for a residential property purchase, an amount that was substantial for middle-class families.
A separate government resolution (GR) dated , compounded the difficulties for industrial houses and developers. This GR mandated the payment of a premium (80% in many cases) based on the new, higher Jantri rates for converting agricultural land to non-agricultural (NA) use. This effectively doubled the cost of land for industrial projects, creating a major roadblock for investment. The resolution was immediately challenged in the Gujarat High Court. A petition argued that the valuation was fixed "exorbitantly" and that demanding an 80% premium was illegal and against the provisions of the Constitution. jantri rates in gujarat 2008
Properties were divided into: