Jantri

  • Recently, the Gujarat government announced a 100 percent hike in jantri rates.
  • Jantri or Annual Statement of Rates (ASR) is a minimum rate fixed by state governments for registration of any real estate property that undergoes a change in ownership.
  • These rates differ between cities. Even within localities, jantri rates may differ based on property type (residential, commercial, and institutional), location, size of property, and various other factors.
  • When an old or existing property is bought by a new owner, it has to be registered as per the jantri or the market (selling) price, whichever is ....
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