What jantri is
Jantri is the Gujarat government's notified valuation of land for the purpose of stamp duty. It is published parcel-by-parcel (or area-by-area) by the State, classified by parcel type (agricultural, residential, commercial, industrial), location and frontage. The current schedule is publicly accessible via the State's Garvi and Anyror portals.
Jantri is administrative, not commercial. It exists to set a stamp-duty floor and prevent under-declaration of consideration. It is not a market quote.
How jantri is used
Stamp duty on a sale deed is calculated on the higher of jantri or actual consideration. Where market exceeds jantri (typical of prime urban frontages), stamp duty follows the consideration. Where jantri exceeds the price paid (rare — usually distress or intra-family sales), stamp duty follows jantri.
Lenders sometimes use jantri as a baseline for valuation, particularly for loans against property where market data is thin. Buyers should treat jantri as a floor reference, never as a bid anchor.
Jantri vs market price
The two converge in some corridors and diverge sharply in others. Prime arterial frontages — SG Highway, SP Ring Road, Pal Gam, Adajan, 150-Ft Ring — often trade at multiples of jantri. Secondary corridors trade closer to jantri. Distress sales sometimes price at or below jantri.
Jantri is revised periodically by State notification. The 2023 revision was the first major statewide upward revision in over a decade and brought several urban corridors materially closer to market.