SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Location : Ahmedabad

Ahmedabad Airport rated No. 1 worldwide for passenger satisfaction in Q2 2025

04 Aug 2025

Ahmedabad's Sardar Vallabhbhai Patel International Airport (SVPIA), managed by the Adani Group, has topped the global Airport Service Quality (ASQ) survey for Q2 2025, earning a perfect 5/5 score in its category (5-15 million passengers/year). This marks its second consecutive quarter at the top. Passengers praised its smooth check-ins, quick security, friendly staff, and clean spaces. SVPIA handled 13.3 million passengers and nearly 280 flights daily in FY 2024-25. It also received awards for safety, sustainability, and quality-like the 5S Certification and Level 4 ACI accreditation. The recognition underlines SVPIA's focus on seamless travel and eco-conscious operations.Read more

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Vertiq digital screen brings cutting-edge advertising to Nexus Ahmedabad One

27 Jul 2025

Khushi Advertising has partnered with Nexus Ahmedabad One Mall to launch VERTIQ, a towering vertical-format digital screen under its KHUSHI D3X DOOH portfolio. Located at Gujarat's largest mall, the screen stands 10.5 ft - 31.5 ft and offers high-resolution, high-refresh-rate LED display capabilities, fully supporting 3D and anamorphic content. Designed to run 10-second ads in a 2-minute loop, VERTIQ enables brands to connect with over 900,000 monthly mall visitors through engaging, high-impact visuals. The screen enhances retail visibility and enriches the mall's experiential environment for both brands and consumers.Read more

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Ahmedabad Infrastructure: AMC installs air monitors citywide, but enforcement trails

24 Jul 2025

Ahmedabad Municipal Corporation (AMC) has installed real-time air-quality sensors at over 100 major construction sites to monitor dust pollution, specifically PM10 levels. Although these sensors frequently trigger alerts when pollution thresholds are breached, no penalties have been issued, as enforcement lies with the zonal estate department, which has yet to act. The Centre had supported AMC under the National Clean Air Programme after the city achieved a 40% drop in PM10 levels through greening, EV infrastructure, smart parking, and cleaner crematoriums. AMC also partnered with the Centre for Environment Education on awareness drives. Still, construction-related pollution remains poorly regulated despite the progress.Read more

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Ahmedabad to make 5% green cover mandatory in all new town planning schemes

23 Jul 2025

Ahmedabad Municipal Corporation (AMC) has made it mandatory for all future town planning schemes to reserve at least 5% of land for green spaces, with 1% specifically for Miyawaki forests. The initiative aims to boost biodiversity and align with WHO's recommended green cover of 9 sqm per person. Tree-cutting now requires planting 10 saplings per tree, with survival conditions and a refundable deposit of INR 5,000. New guidelines call for tree-lined footpaths, green road dividers, rain gardens, and rooftop parks. An Urban Greening Advisory Committee and ward-level Green Committees will oversee implementation. The policy tackles rising pollution and heat levels through sustainable urban afforestation.Read more

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Lake loss in Ahmedabad sparks legal action as NGT probes flawed town planning

21 Jul 2025

Ahmedabad's urban lakes are under threat, as outdated planning schemes by AUDA have led to the loss of significant waterbody areas. Early town planning models applied uniform land deductions even on lake beds, shrinking lakes in areas like Bopal, Vastrapur, Thaltej, and Memnagar. Vastrapur Lake alone lost over 22,000 sq m. Merged land parcels and unclear boundaries have triggered ownership disputes and complicated restoration. Despite AMC's updated planning norms, older legally binding maps have caused irreversible damage. A Gujarat government report noted a 46% decline in lake areas due to construction and encroachment. The National Green Tribunal has launched formal proceedings to address the crisis.Read more

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IHG partners with Atithi Gokul Hotel Inns to launch a 150-key Holiday Inn in Ahmedabad by 2028

12 Jun 2025

IHG Hotels & Resorts has formalised a strategic partnership with Atithi Gokul Hotel Inns to develop a 150-room Holiday Inn in Ahmedabad, Gujarat. Scheduled to open in the third quarter of 2028, this new property will cater to the rising influx of business and leisure travellers in the city. The collaboration is expected to strengthen IHG's midscale presence in western India and aligns with its broader growth strategy in emerging urban markets. The company expressed confidence in its global reach and trusted brand to deliver solid returns for stakeholders.Read more

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Ahmedabad Municipal Corporation to relocate RMC plants to non-residential zones

30 May 2025

The Ahmedabad Municipal Corporation (AMC) is set to ban ready-mix concrete (RMC) plants from operating in residential areas due to their impact on air quality. Announced by standing committee chairman Devang Dani, the policy-expected within two months-will mandate relocation of these units to designated non-residential zones. This move follows the Ahmedabad Urban Development Authority's new SOP for RMC units, requiring a minimum 3,500 sq. m. land area, GPCB NOC, and annual licensing. Non-compliant units face sealing and ?75,000 penalties. Temporary site-based permissions will be limited to construction duration. The initiative aims to balance infrastructure growth with public health and environmental protection.Read more

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Ahmedabad Municipal Corporation to roll out self-assessment tool for property tax estimation

28 May 2025

Ahmedabad Municipal Corporation is set to launch a self-assessment software that allows property owners to estimate future property tax liabilities for new constructions and property modifications. This step aims to simplify the property tax process by enabling taxpayers to receive preliminary tax calculations online before official validation. Alongside this, the AMC has witnessed considerable success with its advance property tax payment scheme, which has generated significant revenue and engaged over half a million citizens. The new software tool promises to bring transparency and ease to Ahmedabad's property tax system.Read more

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SmartHomes Infrastructure joins CREDAI Ahmedabad GIHED, strengthening its leadership in Dholera Smart City

23 May 2025

SmartHomes Infrastructure Pvt. Ltd., a key player in the development of Dholera Smart City, has recently secured official membership with CREDAI Ahmedabad GIHED, further cementing its status as a trusted real estate leader in Gujarat. With over a decade of experience, the company has successfully developed multiple large-scale integrated townships and pioneered landmark hospitality projects, including a collaboration with Marriott Hotels to introduce Dholera's first 5-star luxury hotel. This strategic alliance with CREDAI enhances SmartHomes' commitment to ethical practices, regulatory compliance, and collaboration, driving sustainable urban growth in India's first and largest Greenfield smart city.Read more

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Ahmedabad civic body set to geotag 24.46 lakh properties

05 May 2025

The Ahmedabad Municipal Corporation (AMC) has launched an INR 250 crore GIS project to geotag 24.46 lakh properties, fulfilling a key requirement for an INR 3,000 crore World Bank loan aimed at infrastructure upgrades. AMC called for both national and international proposals to design and manage a GIS-integrated MIS system. Despite prior fragmented efforts, AMC lacks an integrated GIS platform. Officials asserted that obsolete and scattered data necessitated the new initiative. Once completed, the GIS system will streamline access to information on roads, utilities, and properties, ensuring better planning and execution of projects like drainage, water supply, and sewage treatment facilities.Read more

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Ahmedabad: AMC reopens bids for 9 plots, aiming to raise over INR 1,000 crore in revenue

21 Apr 2025

The Ahmedabad Municipal Corporation (AMC) has reopened registrations for nine high-value plots, including five residential and four commercial sites, with a collective base price of INR 920.48 crore. These plots, located in areas such as Bodakdev, Thaltej, Motera, Chandkheda, Shilaj, Vatva, and Nikol, were previously unsold due to limited bidder interest. AMC aims to attract more competitive bids this time, drawing optimism from a successful sale in June 2024, where LuLu International Shopping Malls Pvt Ltd acquired a plot in Chandkheda for INR 519.41 crore.Read more

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Ahmedabad: AUDA enforces new SOPs for RMC plants to curb pollution and streamline urban growth

15 Apr 2025

In a recent development, the Ahmedabad Urban Development Authority (AUDA) approved a new SOP for setting up ready-mix concrete (RMC) plants, requiring operators to obtain licenses and adhere to pollution control measures. The authority also sanctioned 16 town planning schemes, including the redevelopment of Jaspur Lake and plantation work in Khoraj. Additionally, AUDA initiated reconstruction efforts for deteriorating housing under its urban poor housing scheme. These measures are part of Gujarat's ongoing efforts to enhance urban infrastructure and development.Read more

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Ahmedabad Municipal Corporation seals 1,850 properties over unpaid taxes

31 Mar 2025

The Ahmedabad Municipal Corporation (AMC) has sealed 1,850 properties in the city's western region due to property tax defaults, collecting INR 2.3 crore during the enforcement drive. Additionally, 3,928 notices were issued to residential property owners with outstanding dues, warning of potential disconnection of water and sewerage services for continued non-payment. In the southwest zone, 232 properties were sealed, and the solid waste management division issued notices to 299 establishments for public littering, sealing two units.

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Bullet train work disrupted in Ahmedabad as crane collapse halts operations

31 Mar 2025

A major incident occurred at the bullet train construction site in Ahmedabad, where a girder-launching crane collapsed between two pillars on the project near Vastral Road. The accident, which took place late at night, led to at least 51 trains being rerouted but resulted in no casualties. According to the Ahmedabad Fire and Emergency Services (AFES), the crane slipped from its position while launching a concrete girder. The National High-Speed Rail Corporation Limited (NHSRCL) confirmed that the structure remained undamaged, and restoration efforts involving heavy-duty road cranes have commenced.

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Ahmedabad: Plot prices along riverfront rise by INR 8,824 per sq m in three months

28 Mar 2025

In Ahmedabad, development rights for a riverfront plot along Vallabh Sadan have increased by INR 8,824 per square metre over three months, reaching INR 26,000 per square metre in November 2024. A new request for proposal (RFP) for a food park at another Vallabh Sadan plot now sets the base price at INR 32,500 per square metre, according to the Sabarmati Riverfront Land Disposal Policy. Additionally, LuLu International Shopping Malls Pvt Ltd recently acquired a plot in Chandkheda along SP Ring Road for INR 519 crore via an online auction by the Ahmedabad Municipal Corporation.Read more

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Ahmedabad civic body seals over 2,600 properties for tax default, collects INR 3.06 crore in a day

27 Mar 2025

The Ahmedabad Municipal Corporation (AMC) sealed 1,970 properties in the West Zone, 388 in the North West Zone, and 308 in the South West Zone as part of a crackdown on property tax defaulters. This enforcement drive led to the recovery of INR 3.06 crore in a single day, with INR 1.78 crore collected from the West Zone and INR 1.28 crore from the North West Zone. The AMC has warned that unpaid residential property tax dues must be settled by March 31, or water and sewer connections will be disconnected.

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Ahmedabad Municipal Corporation announces property tax interest waivers to boost collections

19 Mar 2025

The Ahmedabad Municipal Corporation (AMC) has launched its annual property tax rebate scheme, which includes interest waivers to encourage timely payments. Residential property owners who pay their dues between mid- and late March will receive a 100% interest waiver, while commercial property owners will receive a 75% waiver. This initiative is expected to generate over INR 250 crore in revenue.Read more

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Ahmedabad set to build its tallest tower, a 150-metre commercial skyscraper

13 Mar 2025

Ahmedabad is witnessing rapid growth in skyscraper construction, with a new 150-metre commercial tower planned near Nirma University, set to become the city's tallest building. This development is part of a larger trend of vertical expansion, driven by regulatory changes that have increased the Floor Space Index (FSI) in key areas. The Ahmedabad Municipal Corporation (AMC) has approved 23 buildings over 100 metres, while the Ahmedabad Urban Development Authority (AUDA) has cleared six, with more under review. Other cities like Surat, Gandhinagar, and Vadodara are also seeing high-rise projects. With ongoing policy support and rising demand, Ahmedabad is emerging as a skyscraper hub in Gujarat.Read more

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Ahmedabad property tax waiver scheme remains unannounced amid revenue concerns

12 Mar 2025

Unlike previous years, Ahmedabad Municipal Corporation (AMC) has yet to announce its annual property tax interest waiver scheme, leading to uncertainty among taxpayers. Meanwhile, AMC's South West Zone sealed 477 properties, recovering INR 41 lakh in a single day, while illegal constructions at Gurukrupa Estate were demolished. The western zone saw a 5.95% drop in tax revenue, attributed to reassessment delays. Other cities like Nagpur and Ulhasnagar have introduced penalty waiver schemes to boost tax compliance. The delay in AMC's announcement could impact revenue collections as taxpayers wait for possible rebates.Read more

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Ahmedabad Land Scam: Builder held for land fraud dating back to 1986

07 Mar 2025

Ahmedabad's CID (crime) branch has arrested Raman Patel, owner of Popular Builders, for his alleged involvement in a decades-old land scam. The case stems from a 2024 complaint by Kanu Thakor, who accused Patel and others of fraudulently acquiring his ancestral land in Makarba using forged documents, including a fake death certificate. Investigations revealed that the land transfer in 1986 was illegal, as the deceased had passed away in 1980. Patel, who has a history of legal troubles, is in police custody until March 11. Authorities aim to uncover a larger land scam network through this case.Read more

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