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Ahmedabad Civic Body Starts Asset Monetisation to Boost Revenue

AHMEDABAD: The Asset Monetisation Cell (AMC) of the city is making its inaugural move to devise a strategy for evaluating and selling both AMC-owned and leased properties. Established in March 2025, the cell has issued a tender to appoint a consultant, with selections set to be finalized next month. This collaboration will aim to develop an effective sales strategy. The selected consultant will chiefly target the sale of 4,113 leasehold properties, including the notable Municipal Market located on CG Road. Bidders have until January 31 to submit their proposals, with an expected total property valuation exceeding Rs 2,000 crore. Moreover,…

Latest StoriesResidential

Residents blame Ahmedabad civic body for delaying action on illegal building

AHMEDABAD: Residents of Adhikar Co-operative Housing Society in the D-Cabin area of Sabarmati have accused the Ahmedabad Municipal Corporation (AMC) of neglecting their complaints regarding a five-storey illegal building within their property, despite raising issues consistently for the past 18 months. As per society officials, the building—which includes 24 rooms allegedly intended for renting as paying-guest accommodation—was erected without any approvals from the society, government authorities, or the AMC. Residents claim that work continued unabated even after the civic body issued notices and sealed the site. Rakesh Kumar Mishra, the society chairman, expressed frustration over the lack of action, stating,…