The 2001 Jantri rates stayed in effect with minor annual indexation until the next major revision in , followed by another in 2021 . Understanding the progression shows how aggressive the 2001 move was.

While Jantri rates are revised every few years to reflect market conditions, the remain a critical reference point for tax professionals and property owners dealing with older assets. The Role of the 2001 Base Year

In 2001, the shadow of the devastating earthquake in Kutch still loomed, and the Gujarat riots of 2002 were just over the horizon. The Tata Nano plant in Sanand was a distant dream, and the Gujarat International Finance Tec-City (GIFT) was merely a concept on a drawing board.