Tag: Ahmedabad

IndustryLatest Stories

Gujarat Real Estate Projects Stall Amid Appraisal Panel Delay

Representative AI image AHMEDABAD: Real estate project approvals in Gujarat have encountered delays following the non-functionality of the State-level Expert Appraisal Committee (SEAC) after its tenure concluded in June, according to industry representatives and government sources. Although a standing committee has been instituted via government notification, the industry is advocating for a regular committee. Sources indicated that environmental assessments for various real estate and industrial projects are stalled. The Confederation of Real Estate Developers’ Associations of India (CREDAI), Gujarat, has raised this concern with the state government. Tejas Joshi, president of CREDAI, Gujarat, emphasized, “The SEAC plays a crucial role…

IndustryLatest Stories

Ahmedabad Redevelopment Faces Cost and Consent Hurdles

AHMEDABAD: For many residents in aging housing societies, redevelopment was anticipated to bring larger homes, improved amenities, and safer structures. However, a growing number of families are finding themselves paying rent for months while projects remain stagnant. Throughout Ahmedabad, redevelopment initiatives are experiencing delays due to weak housing demand, rising construction costs, and conflicts among society members, making builders hesitant to proceed until all approvals are secured. A recent case near Parimal Garden illustrates how quickly plans can fall apart. Two housing societies struck an agreement with a developer about three years ago, but disagreements among some members prevented the…

IndustryLatest Stories

Redevelopment Starts for 10,600 Unsafe Ahmedabad Housing Units

AHMEDABAD: The Ahmedabad Municipal Corporation (AMC) is shifting its focus to its ageing housing stock after identifying thousands of unsafe private buildings over the last two years. They plan to redevelop more than 10,600 dilapidated residential units throughout the city. A pre-monsoon structural survey of AMC-owned residential properties, including housing for the urban poor, staff quarters, slum accommodations, and health quarters, revealed that 10,632 units across 445 blocks in 42 buildings were deemed unsafe. The civic body has begun the redevelopment of all these buildings. The redevelopment process is currently active for 7,986 units across 266 blocks in 24 buildings,…

Latest StoriesRera

50% of New Projects Face Pending Complaints: Gujarat RERA

AHMEDABAD: The Gujarat Real Estate Regulatory Authority (GujRERA) has intensified its review process for developers applying for new project registrations. Approximately 50% of the reviewed applications have been linked to promoters or partners with unresolved complaints from past projects. The authority’s more stringent measures necessitate that developers address outstanding complaints, unpaid fines, and any other dues before initiating new project registrations. In the last 15 days, about 10 new projects received provisional registrations, with directives for promoters to resolve outstanding issues within set deadlines prior to attaining full compliance, according to sources. Officials noted that this heightened scrutiny includes both…

IndustryLatest Stories

Ahmedabad’s Civic Body Halts Temporary Plot Leasing

AHMEDABAD: The Ahmedabad Municipal Corporation (AMC) has halted the temporary leasing of civic plots citywide due to allotment irregularities. The standing committee has instructed officials to create a new policy to oversee this process. The issue was addressed in a standing committee meeting on Thursday, which revealed that, over the last two years, deputy estate officers and deputy municipal commissioners from the corporation’s seven zonal offices had leased plots temporarily without the required committee approval. Civic officials noted that the current policy lacks clarity on the duration for temporary leases, allowing multiple plots to be leased repeatedly to the same…

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Ahmedabad civic body aims to monetize 209 properties

AHMEDABAD: The Ahmedabad Municipal Corporation (AMC) established its Asset Monetisation Cell in March 2025 and has selected a consultant to develop strategies for generating revenue from civic properties. In the initial phase, the consultant will focus on monetizing over 209 assets, such as 20 gardens, 25 schools, 50 community halls/party plots, and 10 lakes. The AMC aims to create revenue streams by establishing amusement parks or food courts on land within city gardens and near lakes. Officials indicated that management of community and party plots might be outsourced to private contractors. Additionally, school buildings could be leased out during non-operational…

Latest StoriesRegulatory

Ahmedabad Freezes 81 Properties for Unpaid Tax Dues

AHMEDABAD: The Ahmedabad Municipal Corporation (AMC) has ramped up its efforts against property tax defaulters in the East Zone, aiming to recover more than ₹1.1 crore. During this initiative, the East Zone property tax department has imposed encumbrances on 81 properties, thereby preventing their transfer until all outstanding dues are settled. Moreover, the civic body has initiated auction proceedings for 22 properties owned by habitual defaulters. AMC officials stated that the enforcement campaign will expand in the upcoming weeks, and more property owners who have not paid their dues may face similar actions. The corporation has also issued stern warnings…

Latest StoriesRegulatory

Ahmedabad Court Denies Bail to Popular Builders Owner

AHMEDABAD: A city sessions court on Tuesday denied the regular bail request of Raman Patel, the owner of Popular Builders, in a land-grabbing case filed by the CID (crime) last year. The court refused bail primarily due to Patel’s prior convictions, including a similar case in which he was found guilty of using forged documents to seize two plots. Patel and his brother Dashrath were named as witnesses in a 2010 CBI chargesheet related to the controversial Sohrabuddin Sheikh encounter case. Over the last five years, Patel has faced multiple allegations of land grabbing linked to forged documentation concerning transactions…

Latest StoriesRegulatory

Ahmedabad Civic Body Struggles to Collect Property Rents

AHMEDABAD: The Ahmedabad Municipal Corporation (AMC) is leasing thousands of valuable commercial properties across the city for a mere monthly fee of Rs 100 to Rs 500. Facing a severe shortage of staff, the civic body is now implementing a digital transformation and taking on a few properties for redevelopment. An in-depth audit shows that the AMC possesses 3,778 commercial rental properties, with nearly half (1,830) located in the Central Zone of the city. A senior AMC official noted that many of these attractive locations are locked into long-term leases for “insignificant amounts.” Zonal estate departments, typically operating with just…

IndustryLatest Stories

Ahmedabad to Waive Property Tax for Public Parking at Malls, Hotels

AHMEDABAD: The AMC has introduced a tax-incentivized initiative aimed at alleviating traffic congestion in the city. This comes after directives from the high court to eliminate roadside parking in front of commercial establishments. The AMC has already issued notices to 200 prominent businesses, including malls, multiplexes, and luxury hotels, presenting a straightforward opportunity: a 100% exemption from property tax on parking facilities in exchange for making private basement parking accessible to the public. “The high court has determined that vehicles parked on public roads near commercial complexes fall under the responsibility of the property owners,” stated a senior AMC official.…