Tag: Ahmedabad

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,…

InfrastructureLatest Stories

CAG Highlights Underuse of Welfare Fund for Construction Workers

Representative Image AHMEDABAD: The Gujarat government has collected over Rs 4,700 crore as a welfare cess from developers over the past 16 years, until 2023. However, only Rs 808 crore, or 17%, has been utilized for worker welfare through a legally mandated board. This issue was highlighted in the audit report from the Comptroller and Auditor General of India (CAG), which was presented in the legislative assembly on the last day of the monsoon session. The ‘performance audit on the welfare of building and other construction workers for the period 2017-22’ indicated that the absence of a Welfare Fund resulted…

InfrastructureLatest Stories

Ahmedabad Utilizes 92% of Rs 2,561 Crore in TDR Rights

Representative AI image AHMEDABAD: The city has effectively utilized transferable development rights (TDR) for initiatives ranging from slum redevelopment to heritage restoration, positioning itself as one of India’s most vibrant TDR markets. By 2025, Ahmedabad is set to absorb 95% of its total TDR — Rs 2,561 crore out of Rs 2,778 crore. TDR allows the transfer and sale of unused development potential from one property to another. This information was shared during a conference on ‘Global Best Practices in City Densification through Innovative Planning Tools and Techniques’ by Cept University professor and member of the Gujarat Housing and Labour…

Latest StoriesResidential

Gujarat CM greenlights ₹490 crore for panchayat housing

GANDHINAGAR: Gujarat Chief Minister Bhupendra Patel has approved a significant grant of Rs 489.95 crore for the construction of 2,055 new Gram Panchayat buildings as part of the Gram Panchayat Ghar cum Talati-Mantri Awas Yojana, aiming for complete saturation across the state. To solidify the role of Gram Panchayats as essential units in the three-tier Panchayati Raj system, CM Patel’s office announced the substantial grant through a press release. The State Government’s Panchayat Department allocates funds from the annual budget to construct new Panchayat buildings for those that are dilapidated or nonexistent, along with residences for Talati-cum-Mantri officials. The facilities…

Latest StoriesResidential

PM to Inaugurate PMAY Homes in Gujarat

AHMEDABAD: Prime Minister Narendra Modi will embark on a two-day visit to Gujarat starting August 25, during which he will inaugurate 1,449 houses and 130 shops constructed under the Pradhan Mantri Awas Yojana (Urban), with a total investment of Rs 133.42 crore, according to officials. The inauguration of these houses is a key event during his visit, as per an official statement. “As part of the in-situ slum redevelopment initiative under the PMAY (Urban), the Prime Minister will inaugurate rehabilitation efforts encompassing 1,449 houses and 130 shops at a cost of Rs 133.42 crore, located in sector-3 of the slum…

CommercialLatest Stories

Gujarat RERA Seeks Govt Aid to Revive GIFT City Project

AHMEDABAD: The Gujarat Real Estate Regulatory Authority (GujRERA) has reached out to the state urban development department (UDD), seeking assistance in completing the long-delayed World Trade Centre (WTC) project at GIFT City, where numerous investor funds are currently tied up. Sources indicate that this call for intervention follows the arrest of the project’s promoter by the Enforcement Directorate (ED) over allegations of real estate fraud. The association of allotters has expressed that they are unable to proceed with the project. Officials have noted that the project, which began in 2014-15, was intended to feature four towers. While two have been…

IndustryLatest Stories

Ahmedabad to Auction Seven Plots Valued at ₹447 Crore

AHMEDABAD: The Ahmedabad Municipal Corporation (AMC) is set to auction seven prime plots located in Bodakdev, Ambli, Chandkheda, Gota, and Sola, with a cumulative base price of Rs 447 crore. This proposal will be presented to the AMC standing committee on Thursday for approval. Among these, three plots are designated for residential development, while four will be utilized for commercial purposes. The highlight is a residential plot in Bodakdev, categorised under TP 50 with a steep price of Rs 3.10 lakh per sq m— the highest of the lot. This particular plot measures 1,821 sq m after a recent survey,…