Ahmedabad to Waive Property Tax for Public Parking at Malls, Hotels
AHMEDABAD: The AMC has introduced a tax-incentivized initiative aimed at alleviating traffic congestion in the city. This comes after directives from the high court to eliminate roadside parking in front of commercial establishments. The AMC has already issued notices to 200 prominent businesses, including malls, multiplexes, and luxury hotels, presenting a straightforward opportunity: a 100% exemption from property tax on parking facilities in exchange for making private basement parking accessible to the public. “The high court has determined that vehicles parked on public roads near commercial complexes fall under the responsibility of the property owners,” stated a senior AMC official.…