State revenue minister Anandiben Patel announced on Thursday that the government has prepared a new jantri in a scientific way to decide upon the market prices of immovable properties in the state.New prices will come into effect from April 1, 2011.
Considering the rapid growth, and changing scenario due to various economic activities in the state, the government has decided to bring out a new or upgraded Jantri every year, she said.
The state government is likely to revise Jantri rates to take it to higher than double in areas where the government needs to acquire land from farmers for projects such as construction of Narmada canal. “Farmers are not ready to give their land at present Jantri rates and the government does not want to delay such projects, so the collectors of respective districts will decide the Jantri rates,” said a government valuer.According to real estate developers, higher Jantri rates will bring in more transparency and curb the black money dealings in real estate.
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