Tag: Vadodara

Latest StoriesResidential

Vadodara’s Homes Built by Civic Body Deteriorate in 20 Years

Representative AI image VADODARA: Residents of various Jawaharlal Nehru National Urban Renewal Mission (JNNURM) housing projects in Vadodara are still facing poor living conditions, despite promises of enhanced housing standards. Constructed by the Vadodara Municipal Corporation (VMC) under the Basic Services for the Urban Poor (BSUP) initiative, over 21,000 residences were built for economically disadvantaged groups between 2005-06 and 2013-14. The first residents moved in during 2010, but many have experienced deteriorating conditions within just two years. Initial issues included water leaking from terraces and damage to overhead tanks. Residents alerted the authorities, resulting in attempts at remediation like waterproofing…

Latest StoriesRegulatory

Vadodara: Man dupes 16 in ₹40 Lakh PMAY flat scam

VADODARA: The Gorwa police have initiated a cheating case against a man accused of defrauding 16 individuals by promising them flats under the Pradhan Mantri Awas Yojana (PMAY) in Vadodara. The suspect, identified as Harish Chauhan, hailing from Akota, is currently on the run. According to a complaint lodged by Varsha Pathak, a resident of Samta Road, she and her husband approached Chauhan in January 2025 while seeking to purchase a flat. Chauhan allegedly claimed to be an agent for the Vadodara Municipal Corporation (VMC) and promised them a house in Subhanpura under PMAY. When Pathak requested to view the…

IndustryLatest Stories

Vadodara Civic Body Lacks Rental Records Before 1983

VADODARA: The Vadodara Municipal Corporation (VMC) is facing ongoing issues with the frequent disappearance of old documents related to the properties it has rented out across the city. The VMC is currently owed approximately Rs 12 crore from various rental agreements, including shops, cabins, handcarts, and temporary sheds. It keeps a register to track all properties that have been rented out. Unfortunately, it appears that many of the rent records maintained over the years are the only documentation available for numerous properties. In total, there are 2,737 such rental agreements on file. A VMC official noted that many of these…

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…

Latest StoriesRegulatory

Gujarat HC: Society NOCs Required Despite Civic Body Approval

AHMEDABAD: The Gujarat High Court has put a stop to the construction of a ten-storey building in Vadodara, ruling that it was built without the necessary No Objection Certificate (NOC) from the cooperative housing society and violated its bylaws, despite the approval granted by civic authorities. The controversy involves the 60-year-old Alka Co-operative Housing Society Ltd, where owners of four plots began construction in 2024 after receiving a development permit from the Vadodara Municipal Corporation (VMC). The society raised objections, asserting that the construction encroached on its road and breached bylaws that designated plots for residential use only. The society…

InfrastructureLatest Stories

Vadodara civic body receives ₹235 crore for urban projects

VADODARA: The Vadodara Municipal Corporation (VMC) has been awarded a grant of Rs 235 crore under the Swarnim Jayanti Mukhyamantri Shaheri Vikas Yojana, announced on Wednesday. The cheque was presented to VMC officials by Chief Minister Bhupendra Patel during a ceremony in Ahmedabad. This brings VMC’s total allocation under the scheme to Rs 455 crore. Previously, the civic body received Rs 130 crore, and with the latest release, the total amount now stands at Rs 365 crore. During the same event, cheques were distributed to various civic bodies across the state, totaling Rs 2,800 crore from the Urban Development Department.…

InfrastructureLatest Stories

Vadodara demolishes 350 homes near Dashama Pond in Gorwa

Representative AI image VADODARA: The Vadodara Municipal Corporation (VMC) has demolished 350 homes near Dashama pond in the Gorwa area upon request from the Gujarat Housing Board (GHB). The demolition commenced on Wednesday with the destruction of around 200 dwellings, while the rest were removed on Thursday by civic teams. According to sources, most of the demolished structures were shanties occupied by laborers. Residents were asked to vacate just before the demolition, and despite some initial resistance, they ultimately agreed to relocate. GHB plans to develop a housing scheme on the site and sought VMC’s help for clearing the land,…

IndustryLatest Stories

Vadodara: Chaos at Town Hall Over PMAY Draw Delay

VADODARA: A significant uproar occurred at the Sir Sayajirao Nagargruh town hall in Akota, Vadodara, on Wednesday as beneficiaries protested the delay in house draws under the Pradhan Mantri Awas Yojana (PMAY). The Vadodara Municipal Corporation (VMC) was set to conduct draws for 2,700 homes under various PMAY schemes. Beneficiaries had been notified of the draw scheduled for Wednesday. However, for unforeseen reasons, the civic body postponed the draws for one day. A senior VMC official stated, “We were cautious and sent two messages to each beneficiary regarding the postponement.” Despite this, numerous beneficiaries gathered at the town hall on…

Housing FinanceLatest Stories

Home Loans Rise 14%, Buyer Growth Only 7% in Gujarat

AHMEDABAD: While Gujarat’s housing finance numbers are on the rise, homebuyer sentiment remains stagnant. According to SLBC data for the September 2025 quarter, housing loan disbursements have increased by 14% year-on-year, climbing from ₹14,266 crore to ₹16,264 crore. However, the number of borrowers has only grown by 7%, from 95,532 to 1.02 lakh. This disparity highlights a healthy flow of credit but a lack of purchasing momentum, particularly among mass-market buyers. Banking sources indicate that most lending occurs in major cities such as Ahmedabad, Vadodara, Surat, and Rajkot. “Despite substantial lending activity, there is a notable decline in demand for…

Latest StoriesResidential

Vadodara Civic Body Seeks Housing Societies’ Help for Cleanliness

VADODARA: Senior officials from the Vadodara Municipal Corporation (VMC) engaged with representatives from 100 housing societies on Tuesday, requesting their support to enhance the city’s cleanliness efforts. The VMC is intensifying its sanitation initiatives, with senior officials conducting reviews across various areas. They’ve directed staff to closely monitor sanitation practices and prevent littering. VMC commissioner, Arun Mahesh Babu, informed the media that the representatives from the societies were urged to maintain cleanliness around their premises. “Failure to uphold cleanliness could result in action against a society,” he noted, adding that societies are encouraged to compete in cleanliness standards. In the…