Credai Gujarat Submits Memorandums Against Proposed Jantri Rates

10 Dec 2024 CW Team

The real estate developers and farmers across the state argued that the proposed jantri rates were not based on a scientific approach and have been voicing their objections to the government's proposal. Credai’s district chapters also submitted representations to their respective district collectors and organized rallies in several districts to protest against the new jantri rates.

Dipak Patel, the president of Credai Gujarat, stated that the proposed jantri rates would negatively impact the real estate industry and farmers across the state. He mentioned that they were receiving numerous complaints from district chapters, such as those in Vadodara, Surat, Rajkot, Mehsana, Bhavnagar, and Banaskantha, which had held rallies to oppose the proposed rates.

In its representation, Credai pointed out that the draft jantri rates were even higher than market rates in some areas. They also highlighted discrepancies in the rates for two land parcels located next to each other but falling under different zones. Credai demanded that the state government provide a detailed, zone-wise map of the new jantri rates.

The state government had invited citizens to submit online objections to the draft jantri rates by December 20. However, following requests from developers and farmers' groups for an extended deadline and the option for offline submissions, the state government agreed to allow offline submissions and extended the deadline until January 20.

Patel emphasized that they were seeking an extension until March 31, 2025. He argued that the time allotted by the state government was insufficient, as stakeholders needed more time to properly understand the impact of the jantri rates and submit their objections. He mentioned that there were 40,000 value zones in the state, and many farmers needed adequate time to comprehend the implications before raising their concerns.

The Confederation of Real Estate Developers' Associations of India (Credai) Gujarat submitted a memorandum to the Ahmedabad district collector, Praveena DK, expressing opposition to the jantri rates proposed by the state government. The real estate developers and farmers across the state argued that the proposed jantri rates were not based on a scientific approach and have been voicing their objections to the government's proposal. Credai’s district chapters also submitted representations to their respective district collectors and organized rallies in several districts to protest against the new jantri rates. Dipak Patel, the president of Credai Gujarat, stated that the proposed jantri rates would negatively impact the real estate industry and farmers across the state. He mentioned that they were receiving numerous complaints from district chapters, such as those in Vadodara, Surat, Rajkot, Mehsana, Bhavnagar, and Banaskantha, which had held rallies to oppose the proposed rates. In its representation, Credai pointed out that the draft jantri rates were even higher than market rates in some areas. They also highlighted discrepancies in the rates for two land parcels located next to each other but falling under different zones. Credai demanded that the state government provide a detailed, zone-wise map of the new jantri rates. The state government had invited citizens to submit online objections to the draft jantri rates by December 20. However, following requests from developers and farmers' groups for an extended deadline and the option for offline submissions, the state government agreed to allow offline submissions and extended the deadline until January 20. Patel emphasized that they were seeking an extension until March 31, 2025. He argued that the time allotted by the state government was insufficient, as stakeholders needed more time to properly understand the impact of the jantri rates and submit their objections. He mentioned that there were 40,000 value zones in the state, and many farmers needed adequate time to comprehend the implications before raising their concerns.

Infrastructure Energy

28 Aug 2025

REC Hosts 56th AGM, Highlights Record Growth and Sustainability

REC Limited conducted its 56th Annual General Meeting (AGM) today through video conferencing, chaired by Jitendra Srivastava, Chairman & Managing Director. The meeting highlighted the company’s record operational and financial performance during the year, along with its strong focus on sustainability and ESG-led initiatives.Jitendra Srivastava, Chairman & Managing Director, in his address noted that REC achieved significant milestones during the year, strengthening its position as a performance-driven public financial institution. Loan sanctions stood at Rs 3.37 trillion, with disbur..

Infrastructure Transport

28 Aug 2025

ADGBR Reviews Road Projects under Project Vartak

Additional Director General Border Roads (ADGBR) Jitendra Prasad conducted a four-day review of ongoing road and bridge construction works under Project Vartak in the area of responsibility (AoR) of the 42 Border Roads Task Force (BRTF) from 19 to 22 August.Prasad inspected key infrastructure projects including the Balipara–Charduar–Tawang (BCT) road, Sela–Chabrela–Banga Janga Gonpa road, Banga Janga Gonpa–Lagamche GG road, the Sela tunnel, and multiple roads in the Nelya sector.At various construction sites, project officials briefed him on project scope, progress, timelines, and op..

Infrastructure Transport

28 Aug 2025

Nitin Gadkari Launches Three Highway Projects in Madhya Pradesh

Union Minister for Road Transport and Highways, Nitin Gadkari, laid the foundation stone for three National Highway (NH) projects in Madhya Pradesh on 24 August. According to the Ministry of Road Transport and Highways (MoRTH), the projects are designed to reduce travel time, ease congestion, enhance road safety, and improve connectivity across key corridors.The first project covers the four-laning of the 17.87 km Amazhar–Barela stretch, completing the Jabalpur Ring Road. The upgrade will divert heavy vehicles away from the city, reduce accident risks, and ensure smoother connectivity from A..