Jantri Rate Hike in Gujarat to Impact Property Prices
The Gujarat government has implemented a 20–30% increase in Jantri rates, the minimum property valuation used for taxation purposes. This hike is expected to raise property prices and associated costs like stamp duty and registration fees, affecting both buyers and developers across the state.
India's Real Estate Market Projected to Surpass $1 Trillion by 2033
Driven by urbanization, technological adoption, and strong demand, India's real estate market is expected to reach $1,184 billion by 2033. This growth underscores the sector's increasing contribution to the nation's GDP.
Gujarat Sees 6% Rise in New Real Estate Projects in FY25
Despite a slowdown in the final quarter, Gujarat's real estate sector witnessed a 6% increase in new project registrations during the 2024–25 fiscal year. A total of 1,823 projects were registered, up from 1,713 in the previous year, indicating sustained developer interest in the state's property market.
