The Gujarat government's draft jantri shows a significant jump of 200% to 400% and, if implemented, will severely impact redevelopment projects across the state.
Real estate experts say that many developers have already begun informing concerned societies of potential revisions to redevelopment proposals, preparing them for reduced benefits.
Kirti Patel, secretary of Birju Apartments near Panjrapole Crossroads, shared that their developer has already informed them of a second revision of their offer due to the proposed draft jantri.
This story is from the December 06, 2024 edition of Ahmedabad Mirror.
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This story is from the December 06, 2024 edition of Ahmedabad Mirror.
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