Tag: Ahmedabad

InfrastructureLatest Stories

Gujarat to Build 5 New Satellite Towns for Urban Growth

GANDHINAGAR: In a significant move towards planned urbanization, the state government has introduced initiatives to develop towns surrounding Gujarat’s five major cities—Ahmedabad, Gandhinagar, Vadodara, Surat, and Rajkot—into fully equipped satellite towns. The Urban Development Department (UDD) has established a high-level committee to expedite infrastructure development, ensuring these new urban hubs evolve alongside their “mother cities.” As per a government notification released in October, the identified satellite towns include Kalol (under the Gandhinagar Urban Development Authority, Guda); Sanand (under the Ahmedabad Urban Development Authority, Auda); Savli (under Vadodara Urban Development Authority, Vuda); Bardoli (under Surat Urban Development Authority, Suda); and Hirasar…

Latest StoriesRegulatory

Ahmedabad Builder Owner Sentenced to Four Years in Jail

AHMEDABAD: A JMFC court in Sanand sentenced Raman Patel, owner of Popular Builders, to four years in prison for a fraudulent land transaction in Chekhla village near Ahmedabad dating back to 1996. Patel was convicted of forgery and criminal conspiracy. The court also imposed a fine of Rs 1.40 lakh, directing that Rs 1 lakh be paid to the descendants of the landowner deceived by Patel and eight accomplices, including his brother Dashrath Patel, according to district government pleader Pravin Trivedi. Both Raman and Dashrath were witnesses for the CBI in the 2005 Sohrabuddin Sheikh encounter case. In August 2020,…

IndustryLatest Stories

Ahmedabad Urges Developers to Maintain Percolation Wells for BU Permit

AHMEDABAD: The Ahmedabad Urban Development Authority (Auda) has reinforced its commitment to groundwater recharge by adding new conditions for granting building use (BU) permission. During a recent meeting, its board decided that developers must maintain percolation wells on their sites to obtain BU permission. Developers are now required to install a percolation well and provide a notarized affidavit stating, “The percolation well and the rainwater harvesting system are operational, and we will ensure their ongoing functionality.” Only after this will Auda grant BU permission. The original requirement for percolation wells in constructions exceeding 500 sq m was established in the…

IndustryLatest Stories

Ahmedabad’s Major Land Deal Nets ₹31 Crore Stamp Duty

AHMEDABAD: A landmark land transaction in the city has resulted in the highest stamp duty from a single sale deed to date. A 66,168 sq m plot in Chandkheda has been sold to LuLu International Shopping Malls Pvt Ltd for Rs 519.41 crore, generating Rs 31 crore in stamp duty revenue for the government. The deed was finalized on Friday at the Sabarmati sub-registrar’s office within the Ahmedabad district collector’s office. According to sources at the sub-registrar’s office, this is the largest land sale registered in Ahmedabad, thus marking a significant increase in stamp duty revenue. Officials from the state…

IndustryLatest Stories

Ahmedabad body auctions Chandkheda plot, includes service road

AHMEDABAD: Different departments within the Ahmedabad Urban Development Authority (Auda) appear to be making significant decisions without proper communication. A notable instance of this miscommunication is a recent land deal. One year after auctioning 21,685 sq m of prime land next to the SP Ring Road in Chandkheda for ₹166 crore, officials in the estate department discovered that their counterparts in the town planning department had already designated part of that land for a 9m wide service road. In response to this oversight, Auda officials hurried to rectify the situation. During the board meeting on September 30, they proposed granting…

Latest StoriesResidential

Ahmedabad Dussehra Sales Hit by Property Price Drop

AHMEDABAD: The real estate market in Ahmedabad is witnessing a slowdown this Dussehra, with demand remaining low. Experts attribute this trend to an oversupply in certain regions and rising property prices, marking this festive season as the weakest since the COVID-19 pandemic. The Confederation of Real Estate Developers’ Associations of India (CREDAI) Gujarat is hopeful for a rebound in demand, considering the potential for Ahmedabad to host the Commonwealth Games as a possible trigger. Pravin Bavadiya, former president of the Ahmedabad Realtors’ Association, stated, “While the city saw significant demand post-COVID, the current market is challenged by oversupply and escalating…

InfrastructureLatest Stories

Ahmedabad to Launch 7 New Town Planning Schemes

AHMEDABAD: During the Ahmedabad Urban Development Authority (AUDA) board meeting on Tuesday, it was decided to establish seven new Town Planning (TP) Schemes in the villages surrounding the city. AUDA announced that with Ahmedabad gearing up to host the Commonwealth and Olympic Games, these new TP schemes aim to facilitate rapid and systematic development in satellite areas. The planned TP schemes will be developed in the villages of Saij, Godhavi, Kaneti, Nidhrad, and Manipur, located within the AUDA jurisdiction. This initiative will urbanize approximately 1,000 hectares in these regions, making way for essential infrastructure and new road construction. Published On…

Latest StoriesRegulatory

Gujarat HC Penalizes Flat Owners for Redevelopment Delay

AHMEDABAD: The Gujarat High Court has levied a fine of ₹1 lakh on dissenting members of Surya Apartments-2 for attempting to obstruct its redevelopment via litigation, which led the court to label their actions as creating an “artificial emergency” for an expedited hearing. Surya Apartments-2, constructed in 1987 by the Gujarat Housing Board on Sola Road, Ahmedabad, has 132 flat owners, of which 110 consented to the redevelopment, meeting the necessary legal requirements. The GHB, a co-lease owner, also supported the project in 2022. However, 34 dissenting members contested this decision in civil court, which on September 2 declined to…

IndustryLatest Stories

Ahmedabad’s 50% Discount on Leases Leads to ₹23 Crore Loss

AHMEDABAD: The Ahmedabad Municipal Corporation (AMC) has reported a loss of Rs 23 crore due to the temporary leasing of plots at a 50% discount based on new jantri rates. The AMC leases reserved plots throughout the city to builders, traders, social organizations, and companies, applying new jantri rates for these plots. However, a 50% discount is factored into the total rent calculated. On Friday, the AMC’s estate department proposed to increase the temporary plot rent from 50% to 65% of the new rate, but this proposal was rejected by the standing committee. The state government announced on February 4,…

Latest StoriesResidential

Demolition Mishap: Debris Damages Homes in Ahmedabad

Representative image AHMEDABAD: A routine demolition took a dangerous turn on Saturday evening when debris from a redevelopment project fell onto a neighboring apartment complex, causing damage and raising significant concerns about the builder’s safety protocols. The incident happened next to the Guru Kripa Apartment on Premchandnagar Road in the Satellite area, where the demolition of the Shagun-1 and Shagun-2 apartments was in progress—located on either side of the affected structure. At around 7:45 PM, complications arose during the demolition. Heavy debris from the collapsing buildings struck flats No. 7 and 3 of the Guru Kripa Apartment. Residents acted swiftly,…