Tag: Ahmedabad

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Homebuyers Can Access Builders’ Complaint History on RERA

AHMEDABAD: Homebuyers in Gujarat may soon find it easier to verify the credibility of real estate developers. The Gujarat Real Estate Regulatory Authority (GujRERA) plans to publicly showcase builders’ past project records and any pending complaints on its website. In a step towards boosting transparency and accountability in the real estate sector, GujRERA will link the track record of real estate firm promoters and their partners to every new project registration. The authority may also deny approvals for new projects in cases involving serious unresolved complaints. The new system will allow homebuyers to access information about a builder’s previous projects…

IndustryLatest Stories

Puravankara Acquires 9.73 Acres in Bengaluru; Arvind Joins for 58.25 Acres in Ahmedabad

Representative image NEW DELHI: Puravankara has acquired a 9.73-acre land parcel at Sanna Ammanikere in North Bengaluru. This outright acquisition has development potential of approximately 0.89 million sq ft, with an estimated gross development value (GDV) of ₹800 crore. In a separate announcement, Arvind SmartSpaces (ASL) shared plans for a residential plotted project located on Kerala-Nalsarovar Road in South Ahmedabad. The project encompasses 58.25 acres, featuring a saleable area of 2.5 million sq ft. This joint development initiative is expected to generate a top-line of ₹180 crore. Published On Jun 17, 2026 at 09:46 AM IST Join a community of…

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Ahmedabad Homes to Rise 5-10% from July 1 Amid Cost Surge

AHMEDABAD: From July 1, homebuyers in Ahmedabad may face a price increase of 5-10% for under-construction properties. This decision comes in response to a rise in construction costs caused by supply disruptions linked to the West Asia conflict. This decision was made during a meeting of approximately 400 developers organized by Credai Ahmedabad on Monday. The gathering aimed to evaluate the effects of rising raw material prices as the June price stabilization commitment by Credai approaches its end. Rajesh Vaswani, chairman of Credai Ahmedabad, noted that construction material prices have surged dramatically since the onset of the conflict. “Some raw…

IndustryLatest Stories

Gujarat Leads SVAMITVA Drive, Issues Over Half of Property Cards

Representative AI image GANDHINAGAR: The Gujarat government announced on Sunday that the state has become a leader in implementing Phase II of the Pradhan Mantri-SVAMITVA scheme, having issued more than half of the total property cards created across India. The government stated that drone mapping has been successfully completed in over 11,500 villages. According to an official statement, during the second phase of the scheme, which commenced in 2021-22, a total of 32,35,260 property cards were prepared nationwide. Out of these, Gujarat issued 18,50,614 property cards, the highest among all states. The government noted that this scheme addresses a persistent…

IndustryLatest Stories

Ahmedabad Developers Consider Price Hike on Homes Under Construction

AHMEDABAD: On June 15, real estate developers in Ahmedabad will convene to discuss potential price increases for under-construction properties due to rising construction costs caused by supply disruptions linked to the West Asia conflict. The Confederation of Real Estate Developers’ Associations of India (CREDAI), Ahmedabad, has organized this meeting. Developers are expected to discuss both the likelihood of a price hike and the magnitude of any changes. Industry insiders indicate that ready-to-move-in and completed projects will likely remain unaffected, while those initiated within the last six months might see increases in the range of 5% to 7%. As the deadline…

InfrastructureLatest Stories

Cabinet Greenlights Phase 2(A) of Ahmedabad Metro Project

File Photo NEW DELHI: On Wednesday, the Union Cabinet approved Phase 2(A) of the Ahmedabad Metro Rail project, covering a 6.032-km extension to enhance connectivity between major residential and commercial areas, officials announced. This decision arose from a Cabinet meeting led by Prime Minister Narendra Modi. An official statement noted that the project aims to provide seamless integration with the current Ahmedabad-Gandhinagar Metro corridor. In addition, sports infrastructure is expected to be developed in the nearby regions in preparation for the World Police Games 2029 and Commonwealth Games 2030. Phase 2(A) will consist of four elevated stations and one underground…

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Developers to fund traffic jams they cause: Ahmedabad’s message

AHMEDABAD: Residents of Ahmedabad are all too familiar with the daily traffic scene. SG Road crawls at 7pm, Prahladnagar becomes congested on Monday afternoons, and cars obstruct sidewalks near tea stalls on Ashram Road. For years, traffic management has relied on quick fixes—cones, police officers, and complaints. Now, the Ahmedabad Municipal Corporation (AMC) is introducing a proactive approach: requiring developers to shoulder the costs of congestion before it even occurs. The new Comprehensive Traffic and Road Safety Policy is built around three main principles. First, “no large commercial development can move forward without a compulsory traffic impact assessment (TIA).” This…

Latest StoriesRera

Gujarat RERA Requests Timeline Extensions for Govt Projects

AHMEDABAD: The Gujarat Real Estate Regulatory Authority (GujRERA) has reached out to the Roads and Buildings (R&B) department to inquire if there have been any extensions granted for government civil projects due to the West Asia crisis. Real estate groups are urging GujRERA to approve a six-month extension for ongoing projects, pointing to significant increases in construction costs and uncertainties in supply chains. Sources indicate that GujRERA is examining existing practices within the state government’s contracting framework before making decisions on the developers’ requests. A source from GujRERA stated, “The central government has granted extensions of two to four months…

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Ahmedabad Civic Body’s Property Tax SOP for Businesses with Free Parking

AHMEDABAD: The Ahmedabad Municipal Corporation (AMC) has launched a new initiative aimed at improving traffic flow and decreasing the pressure from unauthorized roadside parking. This is part of the ‘Comprehensive Policy 2026 to Transform Traffic, Parking, Encroachment, Road Safety, and Cattle Management Across the City’. Understanding the importance of collaboration with commercial establishments in addressing the city’s traffic challenges, the AMC has introduced special measures to encourage these businesses. Under this scheme, commercial establishments that open their parking facilities to the public at no cost will be eligible for property tax exemptions corresponding to the designated parking area. The AMC…