Redevelopment projects in limbo across city
Ahmedabad Mirror|December 06, 2024
'Draft jantri' if implemented may lead to smaller houses, cut in gift money, more commercial floors
Kuldeep Tiwari
Redevelopment projects in limbo across city

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.

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