Industry

Ahmedabad: AUDA approves hike in development fee for new projects

AHMEDABAD: Properties are set to get costlier with the Ahmedabad Urban Development Authority (Auda) approving a proposal to hike development charges for new projects in the city. The proposal got the nod at its board meeting on Tuesday, paving the way for a 10-20-fold increase in the charges, which will directly impact the cost of residential, commercial, and other properties. Besides areas under Auda’s jurisdiction, the new rates — on getting the state govt’s green signal — will also apply in Ahmedabad Municipal Corporation (AMC) limits. Development charges are levied based on the area of land and construction when a…

Residential

Soon, citizens in Ahmedabad can self assess future property tax

AHMEDABAD: The property tax department of Ahmedabad Municipal Corporation (AMC) is working on introducing new software that will assist in the self-assessment of new properties or additional constructions on existing properties in the city. Applicants for new property valuations will be able to submit property details in the software, which will provide them with an estimate of the future property tax amount. After an applicant submits a self-assessment request, officials will verify the information and generate a property tax bill. Currently, applicants request new property valuations, and officials conduct the assessments. However, with the new software, applicants will be able…