Tag: Ahmedabad

IndustryLatest Stories

Real Estate Strained by Material Shortages and Labor Crunch in Ahmedabad

AHMEDABAD: The city’s real estate sector is facing significant challenges, including shortages of essential construction materials, rising input costs, and a lack of labor, all of which are disrupting project timelines and planning, according to developers following a meeting on Friday. Builders gathered under the Confederation of Real Estate Developers’ Associations of India (CREDAI), Ahmedabad, to evaluate the deteriorating situation and its implications for both ongoing and upcoming projects. They highlighted severe shortages of critical materials such as aluminum pipes, CPVC products, ceramics, and electrical fittings that have greatly hindered construction activities. Developers noted that the situation is exacerbated by…

InfrastructureLatest Stories

Ahmedabad Penalizes Four Construction Sites for Violations

AHMEDABAD: On Thursday, the North Zone estate department of the Ahmedabad Municipal Corporation (AMC) imposed penalties ranging from Rs 25,000 to Rs 2 lakh at four construction sites located in Gota, Bodakdev, and Chandlodia for violating environmental regulations and worsening air quality. The Arambh Greens construction site in Chandlodia failed to install the required green net and encroached upon the roadway with materials, resulting in a penalty of Rs 50,000. Similarly, the Orium Zenith site in Chandlodia was fined Rs 50,000 for not having the green net in place. The Valenor site in Bodakdev faced a Rs 25,000 fine for…

Latest StoriesRegulatory

Gujarat’s stamp duty, registration revenue rises 30% to ₹19,000 crore

GANDHINAGAR: Gujarat’s revenue from stamp duty and registration fees surged by 30% year-on-year, reaching Rs 19,102.58 crore in 2025-26, an increase of nearly Rs 4,400 crore from Rs 14,706 crore in 2024-25, as per official statistics. During the financial year that ended on March 31, 2026, 18.95 lakh property documents were registered, compared to 18.77 lakh the previous year. This slight uptick in registrations, along with significant revenue growth, indicates that the registered properties had a higher value than in the prior year. Sources in the real estate sector and officials highlighted that the increase is partly due to the…

IndustryLatest Stories

Ahmedabad: 3 Gota Construction Sites Sealed for No Green Nets

AHMEDABAD: In a decisive move against dust pollution and urban safety violations, the Ahmedabad Municipal Corporation (AMC) has shut down three significant construction sites in Gota ward as of Saturday. This action followed the failure of these sites to install essential green nets and barricades to manage particulate emissions. A team from the AMC’s Estate and Town Development Officer (TDO) department conducted an unannounced inspection, leading to the suspension of work at Evera, S Plus, and Solo Bliss 2 sites for breaching the city’s Good Construction Practice Policy. Additionally, the Solo Bliss site received a fine of ₹1 lakh for…

InfrastructureLatest Stories

Ahmedabad Civic Body Shifts Parking Responsibility to Owners

Representative Image AHMEDABAD: Every evening in the bustling areas of Ahmedabad, vehicles overflow onto sidewalks, turning lanes are congested, and residents navigate through spaces ill-suited for parking. The AMC aims to address this daily chaos with new regulations established recently. “Non-compliance with these regulations may result in the suspension or revocation of building usage permissions, as outlined in the Comprehensive General Development Control Regulations-2017,” the announcement clarified. Under these new guidelines, property owners are tasked with ensuring that all vehicles—whether from residents or visitors—are parked appropriately on their premises. To facilitate this, buildings must designate a person to oversee parking…

Latest StoriesResidential

Gujarat Property Registrations Fall to 1,610 in FY26

AHMEDABAD: According to data from GujRERA, Gujarat’s real estate sector saw new project registrations dip to 1,610, the lowest level since the pandemic-affected fiscal year 2021. Experts attribute this decline to a combination of market saturation from recent developments and a more cautious approach by developers, following nearly four years of robust post-pandemic demand. Ahmedabad accounted for 506 of these new registrations. The robust demand observed in urban centers, particularly as homebuyers sought upgraded lifestyles, has slowed. Since FY 2021, annual project registrations have consistently exceeded 1,700, but FY 2026 marked a decline of approximately 211 projects compared to the…

IndustryLatest Stories

Gujarat Eliminates 30-Day Wait for Property Sale Certification

GANDHINAGAR: The Gujarat government has announced a significant amendment to the Land Revenue Act of 1879 concerning undisputed land transactions. This change eliminates the mandatory 30-day notice period that previously began upon signing the sale document, which allowed for objections to be raised. The amendment to Section 135D enables immediate certification of sale entries. However, certain conditions apply. If there have been changes to the property record within the past year, the sale is executed through a power of attorney (PoA), not all individuals listed in the 7/12 have consented to the sale, or if there is pending litigation, the…

InfrastructureLatest Stories

Ahmedabad’s 2041 Draft Development Plan Expected in June

GANDHINAGAR: The long-awaited draft development plan for Ahmedabad, put together by the Ahmedabad Urban Development Authority (Auda), is projected to be released in June, shortly after the local body elections. According to key sources involved in the process, substantial revisions are anticipated in the new draft development plan (DP), which will also encompass additional areas within the urban development authority’s jurisdiction. “The new DP will shift focus from a standard 10-year plan to a vision extending to 2041 and 2047, aimed at significantly enhancing the city’s infrastructure, particularly as Ahmedabad is set to host the Commonwealth Games in 2030 and…

Latest StoriesRegulatory

CAG Flags Dual Benefit Issues in Gujarat Housing Schemes

AHMEDABAD: The Comptroller and Auditor General (CAG) has identified instances where individuals received benefits from multiple housing schemes, contravening established guidelines. “According to PMAY-G guidelines, if a household is allocated a home under any government scheme, the gram sabha must remove that household from the system-generated priority list of eligible beneficiaries,” the report indicates. The audit revealed cases where some beneficiaries accessed funding from various housing schemes alongside PMAY-G. “In Jamnagar and Surat districts, 24 beneficiaries under PMAY-G were also sanctioned houses under PMAY-Urban,” the report detailed. “Among these 24 beneficiaries, seven received a total of ₹16.55 lakh under PMAY-U,…