If you sell a property in Gujarat that you or your ancestors bought before April 1, 2001, you cannot easily calculate profits based on the original, decades-old purchase price due to inflation. Instead, the Income Tax Department allows you to adopt the Jantri/Market rate of April 1, 2001, as your acquisition cost.
The rates in are historically significant as April 1, 2001, is often used as a base date for calculating capital gains under the Income Tax Act. However, the official Gujarat Jantri (Annual Statement of Rates) was not specifically revised in 2001; the state typically used rates from 1999 during that period, with subsequent major revisions in 2006 and 2011. Finding Jantri 2001 PDF Resources jantri rate jantri 2001 gujarat pdf
For digitized archives of urban land values from that period, you can check the downloads section of major urban local bodies. For example: If you sell a property in Gujarat that
: Includes formulas for valuing older structures based on the type of construction (e.g., RCC frame vs. semi-temporary). Strategic Review However, the official Gujarat Jantri (Annual Statement of
The term "Jantri" is a Gujarati word that translates to a schedule or a register. In a legal and economic context, it represents the assigned to specific pieces of land, residential units, commercial setups, and agricultural fields.