Rohit turned. An older man, perhaps in his fifties, wearing a white dhoti and kurta, sat down. This was Mr. Shah, a veteran land shark who smelled of paan and old money.
The year was 2001. Gujarat was a state in flux. The scars of the massive earthquake in Kutch earlier that year were still fresh, the rubble slowly being cleared, but the administrative machinery had ground into a new gear. To boost revenue and bring transparency to a murky real estate market, the state government had introduced a new "Ready Reckoner"—commonly known as the Jantri .
Understanding Gujarat Jantri Rates 2001: A Historical Benchmark
There is a notable disparity between state and central government base dates that impacts property valuation: Income Tax Act, 1961 : Under Section 55(2)(b), the central government uses April 1, 2001