The Gujarat government’s revision of Jantri rates, which determine property valuations, has raised concerns of a potential 15-25% hike in property prices across Ahmedabad. Experts suggest the revised rates could increase by 200-400% on average throughout the state.
While the government has opened a 30-day window for public suggestions, real estate stakeholders are apprehensive about the impact on affordability and market dynamics. The revision aims to align property rates with market realities but could strain buyers and investors alike