Jantri Rate Gujarat |best|

"Navinbhai," Vipul whispered over the clinking of saucers. "The system is choking. No one can afford the new stamp duty. The association has found a way. We are undervaluing the property in the agreement to match the old Jantri rates. We are showing less built-up area. We are using the 'difference' in cash. You have to tell your clients to cooperate. If we follow the law, the market will die."

Navinbhai decided he would not be part of the grey market. He met Rishi and Mehta again. jantri rate gujarat

However, the year 2011 brought a storm that tested Navinbhai’s principles like never before. The Gujarat government introduced a drastic revision to the —the government-determined market value of land and property used to calculate stamp duty and registration fees. "Navinbhai," Vipul whispered over the clinking of saucers

Months turned into years. The Gujarat government realized the 2011 hike was too steep and began issuing circulars to rationalize rates in certain zones. The system slowly stabilized. The association has found a way

The color drained from their faces. The increased government duty meant an additional burden of lakhs—money they simply did not have.

"Because you pay stamp duty on the government rate, not the transaction rate," Navinbhai said softly. "According to this new book, the government thinks your flat is worth ₹60 lakhs, even though you are buying it for ₹35 lakhs. You will have to pay the stamp duty and registration charges on ₹60 lakhs."