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 Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Infrastructure Urban

09 Jan 2026

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Infrastructure Urban

09 Jan 2026

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..