In Gujarat 2001 - Jantri Rates

These rates varied widely even within the same city based on specific zone numbers (e.g., Zone A, B, C, etc.).

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

The 2001 revision forced buyers and sellers to declare values closer to reality. It reduced the prevalence of black money in land deals, as the gap between the “black” (unaccounted) and “white” (registered) components narrowed. These rates varied widely even within the same

In , the Gujarat government (under Keshubhai Patel, just months before Modi took over) announced a massive, across-the-board upward revision of Jantri rates . Key features: the Gujarat government (under Keshubhai Patel