Despite an initial dip in transaction volumes, the higher rate base eventually led to a 30–40% rise in stamp duty collections within two years. By 2005, the revenue department reported record receipts from urban property registrations.
Jantri rates are circle rates—officially declared values of agricultural and non-agricultural land, residential plots, built-up properties, and commercial spaces across all villages, towns, and cities in Gujarat. Set by the State Government’s Revenue Department (specifically the Office of the Inspector General of Registration and Stamps), these rates serve two primary purposes: Jantri Rates In Gujarat 2001
Unlike the uniform approach of previous decades, the 2001 Jantri introduced a zone-based valuation system. Each city was divided into zones (e.g., Zone A – Prime Commercial, Zone B – Residential, Zone C – Peripheral). Despite an initial dip in transaction volumes, the