Tag: Ahmedabad

InfrastructureLatest Stories

Illegal Constructions Cleared from Vadu Lake, Chandkheda

AHMEDABAD: On Tuesday, the estate TDO department of the Ahmedabad Municipal Corporation’s West Zone carried out demolitions of illegal structures around Vadu Lake in Chandkheda. This operation resulted in the removal of nine cattle sheds, 16 semi-permanent residences, and one religious building, clearing the 43,200 square metres area of the lake. Similarly, in Vejalpur’s Ropda Lake, authorities demolished four illegally constructed homes and four religious structures. In the North West Zone, the estate TDO opened a 30-meter wide road in Ghatlodia by demolishing four shops and three houses. Additionally, three temporary sheds were cleared from a reserved plot in TP…

InfrastructureLatest Stories

Cabinet Okays Gujarat Metro Extension to Shahpur

Image used for representational purpose only NEW DELHI: On Tuesday, the Union Cabinet approved a 3.33-km extension of the existing North-South corridor of the Gujarat Metro from GIFT City to Shahpur. The government stated that the project, which is set to be completed in four years, will feature three elevated stations. The decision was made during the Union Cabinet’s first meeting led by Prime Minister Narendra Modi at Seva Teerth, the new PMO complex. The estimated cost for the project is Rs 1,067.35 crore. This corridor is expected to serve around 23,702 passengers by 2029 and approximately 58,059 passengers by…

Latest StoriesResidential

Vastrapur Societies to Offer Land for Road Widening, Taller Buildings

Representative AI image AHMEDABAD: Various societies in Vastrapur village have opted to relinquish portions of their land for road widening, in return for accelerated redevelopment that includes taller buildings. According to the state’s comprehensive general development control regulations, the height of new constructions in urban areas is dictated by the width of surrounding roads. As a result, redevelopment efforts for societies situated on narrow roads in Ahmedabad, such as those in Vastrapur, have been stalled. Currently, road widths in Vastrapur village measure 7, 7.5, and 9 metres. As the redevelopment of older societies has stalled, traffic congestion has escalated. However,…

Latest StoriesResidential

Illegal PG in Ahmedabad’s Science City LIG Housing Sealed

AHMEDABAD: On Tuesday evening, authorities took action to close an illegal paying guest facility operating within the Ahmedabad Municipal Corporation (AMC’s) LIG residential scheme in the Science City area, specifically the Gota ward. The Everest Enclave project, part of the Pradhan Mantri Awas Yojana, consists of six blocks and 336 houses. Based on complaints, the AMC’s vigilance team (estate/TDO) executed a surprise raid, discovering that House No. 305 in Block 2 and House No. 105 in Block 5 were being rented out as paying guest accommodations. The inspection revealed that House No. 105 was functioning as a PG facility, while…

IndustryLatest Stories

Ahmedabad’s Blueprint for Disaster: Build Homes, Dig Later

Representative AI image AHMEDABAD: In regions surrounding Ahmedabad city, approvals for new residential and commercial buildings are being granted before establishing underground utility networks. Shela serves as a significant example of this planning oversight. In the past decade, the Ahmedabad Urban Development Authority (AUDA) has authorized over 50 residential and commercial projects along Club O Seven Road and VIP Road in Shela, where residents have already settled. Only now is AUDA initiating the installation of stormwater, drainage, and water systems. This haphazard approach is causing significant disruptions for residents in Shela, Bhat, Manipur, Godhavi, and Sanathal. Although the state government…

CommercialLatest Stories

DevX Secures Historic Deal for 27-Storey Ahmedabad Tower

Managed office space provider Dev Accelerator (DevX) has acquired a 27-storey commercial office tower in Ahmedabad, covering 800,000 sq ft, in a deal exceeding Rs 850 crore in total rentals, marking the largest coworking transaction in India. This deal is particularly noteworthy as such a significant agreement is made in Ahmedabad, a deviation from traditional office hubs like Mumbai, Bengaluru, Hyderabad, Delhi-NCR, and Pune. The transaction is structured as a long-term development management (DM) agreement rather than a standard lease. The project is in the construction phase and is expected to be completed within 2.5 to three years. “This reflects…

CommercialLatest Stories

Gujarat WTC Project Transferred to Allottees for Completion

AHMEDABAD: In an unprecedented decision in Gujarat, a committee led by the chief secretary has resolved to transfer a stalled real estate project to the allottees’ association for its completion. This decision involves the World Trade Center (WTC) in GIFT City, where Towers B and C remain unfinished following the arrest of the project’s original promoter by the Enforcement Directorate (ED) over a fraud case. A group of allottees from Tower B is currently forming an association, while those from Tower C have already established one and are in the process of registering a society, according to sources. The handover…

IndustryLatest Stories

Arvind SmartSpaces Q3 FY26 Net Profit Drops 41.79%

NEW DELHI: Arvind SmartSpaces has experienced a significant decline of 41.79% in its net consolidated profit for the quarter ending December 31, 2025, with a profit after tax (PAT) of ₹29.21 crore compared to ₹50.18 crore in the same quarter last year, as noted in a BSE filing. The company’s net consolidated total income for Q3 FY26 was ₹170.50 crore, down by 20.87% from ₹215.47 crore reported in the equivalent quarter the previous year. The board of directors has approved the re-designation of Priyansh Kapoor, currently the whole-time director & CEO, as managing director & CEO of the company effective…

IndustryLatest Stories

Six Ahmedabad Plots Valued at ₹528 Crore Approved for Auction

Representative AI image AHMEDABAD: On Wednesday, the standing committee of the Ahmedabad Municipal Corporation (AMC) approved the auction of six plots located in various parts of the city, with a total base price set at Rs 528.38 crore. Among the approved properties is a 3,365 sq m commercial plot in Motera, with a starting price of Rs 2.81 lakh per sq m. The committee also authorized the sale of a 3,546 sq m residential plot in Chandkheda, priced at Rs 1.63 lakh per sq m. In Nava Vadaj, a 3,229 sq m commercial plot will be auctioned at a base…

Latest StoriesRegulatory

Ahmedabad: Developers Charged with ₹2 Crore Investor Fraud

AHMEDABAD: Two separate complaints have been filed at the Bopal police station accusing developers associated with the Privilon Group of defrauding investors by promoting housing and commercial projects on land they allegedly do not own and without the necessary regulatory approvals. Police indicate that these complaints, along with other reports from investors, suggest a fraud amounting to approximately Rs 2.22 crore involving flats and shops in proposed developments in Ghuma village, located on the city’s outskirts. The first FIR was lodged by Shanti Jadav, 49, a farmer from Gujar village in Dhandhuka taluka. Jadav claims he was misled into investing…