Tag: Gujarat

IndustryLatest Stories

Gujarat Plans Deregulation of NA in Town Planning Schemes

GANDHINAGAR: The Gujarat government is considering a proposal to remove the mandatory requirement for obtaining a non-agriculture (NA) certificate from the revenue department for projects—be it residential, commercial, mixed-use, or industrial—within town planning (TP) scheme areas. In a high-level meeting held on Thursday in Gandhinagar with officials from the government of India and secretaries of all state departments, the Gujarat government indicated to the Union government that it would likely repeal the clause requiring NA permission in areas governed by draft and finalized TP schemes. This certificate, issued by collectorates and district development offices, has been cited as a significant…

Latest StoriesRegulatory

I-T Raids on 30 Ahmedabad Sites Linked to Builders’ Cash Deals

AHMEDABAD: The income tax (I-T) department conducted a search on over 30 locations linked to two builder groups. This action was undertaken after a decoy from the department confirmed that the builders were accepting part of the payment for real estate in cash. The searches included corporate offices, construction sites, suppliers, and homes of key officials and promoters, involving over 100 I-T officials, as per sources. “The builders have multiple schemes around SG Road and beyond, and they have been under surveillance since Diwali. Initial findings indicate transactions worth crores have been uncovered,” sources revealed, noting that the search began…

Latest StoriesRegulatory

Gujarat’s Stamp Duty and Registration Fees Up 7% in 9M FY25

GANDHINAGAR | AHMEDABAD: The revenue generated by the Gujarat government from stamp duty and registration fees saw a notable 7% rise during the April-December 2025 period, increasing from ₹12,821 crore in 2024 to ₹13,699 crore in the initial nine months of the current financial year. Official sources indicate that income from these sources, driven by property registrations, is anticipated to exceed the budgetary target of ₹19,800 crore for the financial year 2025-26. “The increase in revenue is attributed to a rise in property transaction values. We expect total revenue for the financial year to surpass the budget estimate,” sources mentioned.…

InfrastructureLatest Stories

Gujarat Plans Five Satellite Towns to Relieve City Pressure by 2030

Representative AI image AHMEDABAD: Gujarat is planning to establish five satellite towns with metro-like amenities and enhanced economic potential to alleviate pressure on major urban centers by 2030, officials announced on Friday. As per a government statement, the proposed satellite towns include Sanand near Ahmedabad, Savli (Vadodara), Kalol (Gandhinagar), Bardoli (Surat), and Hirasar (Rajkot). “The state government is currently seeking urban planners to create master plans for these towns and is in the process of appointing planners through a tender process. By 2030, we aim to equip these towns with metro-like facilities and enhance their economic capabilities, thereby reducing the…

IndustryLatest Stories

Panel Established to Revise Gujarat Land Revenue Act

Representative AI image GANDHINAGAR: The state government recently established a committee led by retired IAS officer C.L. Meena to review the Gujarat Land Revenue Act of 1879 and related regulations. The objective is to recommend necessary amendments to the Act. The committee, composed of other members like M.B. Parmar and Anis Mankad (both retired IAS officers) along with a member secretary, is tasked with submitting its report within six months. A notification regarding this was released on December 22. As outlined in the notification, the committee is responsible for assessing the revenue department’s rules, resolutions, and manuals connected to this…

Latest StoriesRera

21% of Builders Still Haven’t Filed Gujarat RERA Report

AHMEDABAD: Despite receiving an extension, only 79% of developers have submitted their annual financial reports for 2024-25, as reported by sources from GujRERA (Gujarat Real Estate Regulatory Authority). The authority has put in place a penalty system for developers who fail to adhere to the regulations. Historically, about 80% of developers complied with submitting this Form-5. GujRERA also actively pursues action against non-compliant developers. Each promoter is obligated to have their accounts audited within six months after the financial year ends for every registered project and must upload the annual report in Form-5 to their GujRERA webpage. This year, for…

IndustryLatest Stories

Gujarat’s Real Estate Transformed by Redevelopment Wave

AHMEDABAD: Gujarat’s real estate sector is undergoing a significant transformation as redevelopment and joint development projects rapidly gain traction due to rising land prices and changing business models. Official statistics reveal a notable increase in registered development agreements, indicating that builders and landowners are opting for partnership models rather than outright land acquisitions. In 2024, a total of 777 redevelopment and joint development agreements were recorded in Gujarat, generating over Rs 55 crore in stamp duty for the state government. The momentum continued into 2025, with 983 agreements registered by November 30, yielding more than Rs 59 crore in stamp…

InfrastructureLatest Stories

Gujarat to Build 5 New Satellite Towns for Urban Growth

GANDHINAGAR: In a significant move towards planned urbanization, the state government has introduced initiatives to develop towns surrounding Gujarat’s five major cities—Ahmedabad, Gandhinagar, Vadodara, Surat, and Rajkot—into fully equipped satellite towns. The Urban Development Department (UDD) has established a high-level committee to expedite infrastructure development, ensuring these new urban hubs evolve alongside their “mother cities.” As per a government notification released in October, the identified satellite towns include Kalol (under the Gandhinagar Urban Development Authority, Guda); Sanand (under the Ahmedabad Urban Development Authority, Auda); Savli (under Vadodara Urban Development Authority, Vuda); Bardoli (under Surat Urban Development Authority, Suda); and Hirasar…

InfrastructureLatest Stories

20,000 Villagers Protest Against Himmatnagar Development Board

GANDHINAGAR: In a significant demonstration, approximately 20,000 villagers, including farmers and cattle herders, rallied in Kanknol village, Himmatnagar taluka, Sabarkantha district on Thursday. They are calling for the cancellation of a notification to establish the Himmatnagar Urban Development Authority (Huda). The Huda development plan proposes the appropriation of land from farmers in 11 villages as part of a town planning initiative. This protest, organized by Huda Sankalan Samiti, has been ongoing for 40 days, with previous rallies where villagers submitted memoranda to the collector and other authorities. “We have decided to give the government a 15-day ultimatum to revoke the…

Latest StoriesResidential

Arvind SmartSpaces Teams Up for Vadodara Residential Project

NEW DELHI: Arvind SmartSpaces (ASL) has launched a joint development project in the Vadodara residential market on Ajwa Road. The project is expected to achieve a potential revenue exceeding ₹700 crore. According to Priyansh Kapoor, CEO and whole-time director of the company, “This initiative aligns with our strategy to expand into high-potential markets and solidify our footprint in the state. We aim to introduce new projects in Gujarat, Bengaluru, and MMR throughout the year.” Published On Oct 29, 2025 at 06:30 PM IST Join the community of over 2 million industry professionals. Subscribe to our newsletter for the latest insights…