Understanding Jantri Rates in Gujarat: Key Insights

Jantri rate in Gujarat lists the unit pricing of land and property determined by the State government. The registration fees on real estate transactions are computed using this rate. The government of Gujarat has set prices, which are listed in Jantri, for land and property below which a property cannot be registered in the government's records. This implies that the Jantri rate of the property in Gujarat is used to determine the state's stamp duty and registration fees. Also referred to as the annual statement of rates for stamp duty, it is the same as circular rates, a phrase that is more frequently used. Periodic Jantri rate revisions are the responsibility of the state government of Gujarat, and they vary for each region of the state. 

Jantri prices vary from location to location and from property to property based on the location of the building, the surrounding infrastructure, and the upkeep.

How is the Jantri Rate determined in Gujarat? 

The following criteria are used to determine the Jantri rate:

• Type of property 
• Amenities and facilities available on the property 
• Upkeep and maintenance of the property 
• Location of the property 
• The property's age

The valuation of a property is established based on the rate. The Jantri rate is used to calculate stamp duty and registration fees if the market value is less than it or vice versa. 

How Are Jantri Rates Different From Market Rates?

The state government determines the Jantri rates. On the other hand, market rates are assessed in light of elements like the property's location, infrastructure, facilities, amenities, etc.

The state government is only permitted to change Jantri prices twice a year. On the other hand, a property's market value always fluctuates depending on variables like market circumstances and the demand-supply ratio.

Real estate buyers must compute their stamp duty and registration fees depending on the Jantri rate. However, they must pay the property owner the market value in return for the asset of their choice. The property's market value is considered when determining the registration fees if a property's market value exceeds the Jantri rate.

How can I find the Jantri Rate online on the Gujarat Revenue Department website? 

On the Gujarat Revenue Department website or the Garvi Gujarat official portal, you may find out the Jantri rate for any given region. To view the Jantri rate on the Gujarat Revenue website, follow the steps in this step-by-step instructions. 

• Step 1: You should visit the Gujarat Revenue Department's official website.
• Step 2: Choose the "Jantri" option from the menu on the right side of the page.
• Step 3: Provide the necessary information, including the taluka, village, land type, and survey number. Once you've entered all the information, click the "Show Jantri" button.

=> Read Also: - All About Circle Rate in Gurugram

How to Determine the Jantri Rate Using the e-Dhara Kendra?

Read on for specifics on how to use the e-Dhara Kendra to find out the current Jantri rate

• The first thing to do is to go to an e-Dhara Kendra. Information such as your name, residence, father's name, Aadhaar card number, cell phone number, email id, and relationship to the owner must be listed on the application form. 
• Specifics about a parcel of property, including its location, survey number, size, and several units (acres), should also be mentioned.
• Next, you must gather the necessary paperwork to submit to the E-Dhara Kendra operator. 
• Next, the Tahsildar will conduct a field survey.
• And after verification, the Tahsildar will issue a Jantri.

The Garvi Website

The Garvi website was released by the Revenue Department of the Government of Gujarat. People in the state of Gujarat would benefit greatly from this website, as it has made it easier for citizens to get data on land prices.

Through this platform, you can quickly learn about the current Jantri rate and market value of any property. All the information you need to know about the cost and interest rates of any parcel of land in Gujarat will be at your fingertips.

The "Garvi Gujarat Land Rates Platform" is an online web portal that makes researching land prices quick and easy. Any land prices are at your disposal. At this time, all you need to know is the current Jantri rates in the state of Gujarat.

Jantri Rate: Recent information 

Since 2021, the Jantri tariffs have not been changed by the government of Gujarat to promote the state's real estate growth. The real estate sector saw a decrease in income creation due to the pandemic. The administration also could not raise money for municipal development because of a sharp decline in real estate sales. This is why the government is trying to promote more real estate transactions in the state.

The Controller and Auditor-General Report from March 2018 noted that the government had suffered significant losses due to the non-revision of rates. Hence the Gujarat government might modify the Jantri rates in the next few years as soon as the sales in the real estate sector pick up. According to experts, the cost of the newly built property would increase between INR 300 to INR 1,000 per square foot. 

You may check the rates for any region by visiting the e-Dhara Kendra, the Gujarat Revenue Department website, or the Gujarat Garvi website.

=> Read Also: - What is Circle Rate?

Conclusion 

In conclusion, Gujarat's circle rate is often called the Jantri rate. The location and amenities available in the area are taken into consideration by Gujarat's revenue department for determining the Jantri rates. The previous time around, Gujarat increased the Jantri rates by 1000%. Jantri rates aid in figuring out the stamp duty and registration fees. It is necessary to check the Jantri rates to know the valuation of the property, especially if you are buying or selling it.