04 Jul 2023

According to a circular from the Ahmedabad Municipal Corporation (AMC), after getting building use (BU) authorization, builders who disregard trees would face enforcement action. After gaining BU approval, the AMC will mandate that builders plant trees and construct tree guards that are tall enough, as well as ensure that builders maintain the trees. The AMC will take legal action if the tree planting regulations are not followed, and the garden department will check for compliance. The circular intends to encourage accountability and openness in tree-planting procedures among contractors and to ensure sustainable development methods.Read more

04 Jul 2023

A controversy has emerged in the Ahmedabad Municipal Corporation (AMC) regarding a new urban development scheme. Landowners have discovered that their final plots were allotted in different villages, potentially violating state government guidelines. The issue was raised during a town planning committee meeting, where a proposal for objections and modifications to the draft plan was presented. The scheme, similar to a previous controversial plan, awaits further approval. The AMC must address concerns and ensure transparency in the town-planning process.Read more

03 Jul 2023

Adani Infrastructure and Developers Pvt Ltd have emerged successful in acquiring 1.45 lakh square metres of land from Anil Ltd in Ahmedabad, for a total of Rs 325 crore. With Rs 70 crore already paid, the remaining Rs 255 crore will be settled imminently as per an NCLT order. The land, situated in the Bapunagar area, will be developed into a major real estate project. The deal marks a significant stride in Adani Group's infrastructural expansion.Read more

30 Jun 2023

Escalating land costs in Ahmedabad are pushing real estate developers towards joint development projects. Two major developers, Bakeri Group and Shivalik Group, have inked joint development deals with landowner groups, spurred by increased jantri rates and premium FSI charges. These partnerships, allowing shared investments in construction and revenue, offer developers a way to bypass massive initial land investment while providing landowners potentially greater returns than conventional land sales.Read more

29 Jun 2023

The AUDA (Ahmedabad Urban Development Authority) has made a significant decision that affects plotting schemes authorized before 2010. Any developer who modifies the designated purpose of a subplot within a plotting scheme will now face a mandatory land deduction of 40 percent. This means that if a plotting scheme initially approved for exclusive bungalow construction is altered to include merged subplots with residential or commercial buildings, the developer must allocate 40 percent of the land for public spaces, such as roads and gardens. Previously, developers were exempt from land deductions if the subplots were already sold.Read more

26 Jun 2023

In a move that could further impact the cost of living in Ahmedabad, the Ahmedabad Urban Development Authority (AUDA) has recently announced its decision to raise development charges by a significant margin. The proposed increase would see development charges surge by 15-20 times the current rates, potentially burdening property owners and developers alike. With development charges being a crucial factor in the overall cost of construction projects, this move is expected to have far-reaching implications for the real estate sector and urban development in Ahmedabad.Read more

23 Jun 2023

The land valuation policy of the Ahmedabad Municipal Corporation (AMC) has come under scrutiny due to inconsistencies in pricing guidelines for auctions of plots and constructed properties. Deviations from established practices and varying base prices have raised concerns about transparency and fairness. Stakeholders are urging the AMC to provide clarification and ensure a consistent valuation process to maintain trust and a level playing field in property auctions.Read more

23 Jun 2023

The Ahmedabad Urban Development Authority (AUDA) has unveiled an audacious plan to auction eight prestigious plots worth Rs 561.28 crore. These prime lands are located in Chandkheda, Bopal, Vejalpur, and Manipur-Godhavi. The auction offers an exceptional opportunity to acquire these sought-after properties at a significant discount. The event is scheduled for June 30th and July 1st, following a meticulous evaluation by the Land Disposable Price Fixing Committee. AUDA's decision to auction these plots comes after the state government doubled the Jantri rates.Read more

PNT Reporter

19 Jun 2023

The Ahmedabad Municipal Corporation (AMC) is set to implement a groundbreaking reform by offering its newly built properties for direct sale instead of the customary 99-year lease, thereby avoiding the 18% Goods and Services Tax (GST) levied on property auctions based on lease deeds. The move comes after the AMC faced a hefty GST payment of Rs 36 crore on an auctioned property valued at Rs 197 crore. The shift aligns with industry trends and may have implications for other municipal corporations in the country.Read more

PNT Reporter

13 Jun 2023

The Ahmedabad Municipal Corporation (AMC) is considering deviating from its regulations on land deduction for urban planning schemes to assist select property owners in the Shahwadi-Behrampura area. The proposed town planning (TP) Scheme 32 would deduct only 25 percent of land from private plot owners, instead of the required 40 percent. This reduction would result in a smaller area for public utilization and an estimated loss of land worth approximately Rs 1,700 crore for the AMC. The decision to deviate from the regulations has raised concerns and may lead to disputes among landowners. The TP Scheme mechanism is a well-established part of Gujarat's urban planning framework.Read more

PNT Reporter

13 Jun 2023

The real estate industry in Ahmedabad is facing confusion over the utilization of transferable development rights (TDR) due to revised jantri rates. Projects are stalled at the plan passing stage as the Ahmedabad Municipal Corporation seeks clarification on calculating jantri rates for TDR after April 15. Developers are unsure if they can use TDR at old rates for projects launched after that date. The uncertainty has caused delays and clearance issues. Prompt clarification is necessary to resolve the situation and ensure smooth functioning of the real estate market in Ahmedabad.Read more

PNT Reporter

13 Jun 2023

Ahmedabad Municipal Corporation (AMC) has approved a proposal to blacklist Jyoti InfraTech and Vande Mataram Projects Pvt Ltd for a period of five years. The companies failed to complete seven housing projects worth over Rs 500 crore within the agreed-upon timeframe. The AMC now faces the burden of Rs 100 crore to restart the projects with new contractors. The decision serves as a warning to other contractors and highlights the importance of adhering to project timelines. The AMC will need to find new contractors to ensure the completion of these housing initiatives.Read more

PNT Reporter

29 May 2023

The Ahmedabad Municipal Corporation (AMC) sealed 38 properties, including 14 in Ranip and 10 in Vastral, over non-compliance with building-use permits. In addition to sealing buildings, AMC embarked on a demolition spree, razing illegal constructions in the historic Walled City. An illegal structure spanning 490 square meters in Shahpur and unauthorized constructions over 13,080 square meters in Danilimda were dismantled. This enforcement highlights AMC's determination to uphold building regulations, underscoring the necessity of legal compliance in urban development.Read more

PNT Reporter

24 May 2023

The Ahmedabad Municipal Corporation (AMC) is taking strict actions against property tax defaulters. It recently published a list of 313 defaulters intimated owners that it will disclose the details of any individuals who fail to meet their obligations to the Credit Information Bureau (India) Limited (CIBIL). These actions led to 55 property owners clearing their outstanding dues. In addition, the AMC is compiling a record of major debtors and intends to impose liens on their properties. Currently, the process of placing liens on 24 properties has already been initiated and the civic body gearing up to auction 258 defaulting properties within the city to collect arrears.Read more

PNT Reporter

24 May 2023

The Ahmedabad Municipal Corporation (AMC) experienced a surge in project approvals and revenue collection during a period between March 1 and April 15. A total of 560 projects were approved, resulting in a substantial amount of Rs 784 crore collected from developers through chargeable Floor Space Index (FSI) and other fees. This influx of revenue can be attributed to the announcement of the jantri revision, which led developers to seek approvals based on the old rates to minimize costs. The relaxation of chargeable FSI for affordable housing projects further accelerated the rush among developers.Read more

PNT Reporter

15 May 2023

The town planning committee of Ahmedabad has raised alarm among developers by announcing that buildings in the 200m buffer area of prime zones, which were initially outside the zone when the town planning scheme was formulated, will not be permitted to have an FSI of 4. This ruling will impact plots that were once part of the buffer zone but were later moved outside. The objective behind this decision is to prevent individuals from deceiving the corporation to obtain a higher FSI. As a result, this ruling will have substantial consequences for developers and landowners situated close to premium thoroughfares such as the Metro, BRTS, TOZ, and CBD.Read more

PNT Reporter

12 May 2023

The Ahmedabad Urban Development Authority (AUDA) revealed a 0.55% to 28.4% price increase for five Bopal plots in just two years. Bopal's strategic location and improved infrastructure have contributed to its real estate boom. AUDA's recent evaluation of 17 plots, including the Bopal properties, resulted in a combined value of INR 1,238.35 crore. The new jantri rates, which have doubled, may further accelerate property value growth. Bopal's rapid development is attracting real estate investors and developers, making it a key player in Ahmedabad's thriving real estate market.Read more

10 May 2023

The Ahmedabad Urban Development Authority (AUDA) has decided to auction 18 plots in different regions of the city for residential and commercial use at a base price of Rs 1,238.35 crore, with the most expensive plot in Vejalpur's TP Scheme 6 priced at Rs 2.84 lakh per sq. m. AUDA's land pricing committee met twice, once on March 9 and again on April 13, to establish the values and base prices for these plots, ignoring the impending increase in jantri rates on April 15. Despite the increase in jantri rates, AUDA officials stated that the new rates would not impact the plot prices as the valuation took into account sale deeds and other factors.Read more

PNT Reporter

05 May 2023

The civic body in Ahmedabad has cleared construction plans for thousands of residential and commercial buildings, but urban planners say tall buildings with multi-level basement parking are hindering tree growth. Despite leaving margin spaces around the buildings for trees, the small margin of 3m in the basement is not enough for trees to grow roots. Green roofs and walls, and permeable pavements are possible solutions to increase space for plants to grow while also improving air quality and reducing the urban heat island effect.Read more

PNT Reporter

05 May 2023

The Ahmedabad Urban Development Authority (AUDA) has repurposed INR 20 crore from unclaimed builders' deposits to plant 100,000 trees within its jurisdiction during 2022. Accumulated over 15 years, the fund was originally collected as a guarantee from builders who promised to plant trees in their projects, as per the CGDCR 2017 regulations. AUDA's innovative move has not only amplified the city's green cover but also set a benchmark for other urban development bodies in effectively utilizing unclaimed resources for environmental conservation.Read more