Non-revision of jantri rates for past several years has also resulted in these rates being lower than the market rate
In a bid to streamline the process of evaluating the price of government land, the state government has revised the process and guidelines for the same. The revision comes after a gap of seven years; it was last revised in 2011.
Government land is generally given for educational, social, industrial, religious, or residential purpose at market rates decided by the District Level Price Committee. However, many a times, discrepancies were found in the price. Non-revision of jantri rates for past several years has also resulted in these rates being lower than the market rate.
The process to determine the market rates also wasn't very simple, leading the Revenue Department to revise the guidelines for evaluating the price.
A May 22 general revaluation (GR) by the Revenue Department stated that for evaluating the land of a particular government-owned land, comparable documents registered for properties in a radius of 1.5 km in the past two years have to be considered. The guideline calls for comparing registered documents from a similar type of area vis-a-vis size and road width.
The GR for government land in Surat city, i.e. areas falling within SMC and SUDA limit, the price would be higher than the average. For Ahmedabad, Rajkot, Vadodara, Bhavnagar, Jamnagar, Junagadh, and Gandhinagar, the ratio fixed is 0.75. For A and B category municipalities, the ratio has been fixed at 0.50, and for C and D category municipalities, and rural areas, it is 0.25.
The government document also proposes increasing the price above average, depending on the width of available roads.
"With this GR, the state government has simplified the process for determining the price of government owned land. This will help in assessment of correct value of the land," Ashish Patel, president, GIHED (a realtors' body), said.
TO BE CONSIDERED
A May 22 GR by the Revenue Department stated that for evaluating the land of a particular government-owned land, comparable documents registered for properties in a radius of 1.5 km in the past two years have to be considered.
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