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19 Aug 2026
The Enforcement Directorate (ED) has provisionally attached immovable properties valued at INR 129.80 crore in an alleged real estate fraud involving homebuyers and investors in Ahmedabad. The action was taken by the agency’s Ahmedabad Zonal Office under Section 5(1) of the Prevention of Money Laundering Act, 2002, through an order dated August 14. The case involves Ronak Ravjibhai Sonani, Vipulbhai Gordhanbhai Gangani, Keshav Narayan Group and others. The investigation followed five FIRs registered in Ahmedabad and relates to alleged schemes that offered flats and shops at pre-launch prices and promised returns of 54–100 per cent. The ED has alleged that the projects lacked mandatory RERA registration and non-agricultural permissions, while buyers were allegedly not given the promised properties or refunds.Read more
16 Aug 2026
The Ahmedabad-GIFT City corridor could attract 40-50 new Global Capability Centres (GCCs) over the coming years, generating demand for 4-6 million sq. ft. of Grade A office space and more than 50,000 high-skilled jobs, according to a joint report by Dev Accelerator Limited (DevX) and Anarock. The report identifies Ahmedabad's lower occupancy costs, talent availability, workforce stability and GIFT City's International Financial Services Centre as key factors supporting the corridor's growth. Ahmedabad currently has nearly 26 million sq. ft. of Grade A office stock, while GIFT City contributes another 4.1 million sq. ft. The region has a technology talent pool of around 90,000-95,000 professionals and attrition levels of 7-12%. Infrastructure projects and the Gujarat GCC Policy 2025-30 are expected to further support enterprise expansion.Read more
15 Aug 2026
Star Air will commence direct flights between Ahmedabad and Mundra in Kutch from August 17, 2026, establishing an air connection between Gujarat’s commercial centre and its major port-led industrial hub. The service will operate three times a week on Mondays, Wednesdays and Fridays, with morning departures from Ahmedabad and evening return flights from Mundra. The route is expected to improve accessibility for businesses, professionals and travellers moving between the two locations, where travel has traditionally involved long road journeys or indirect flight options. Mundra’s role as a major private port and logistics centre has supported industrial and export activity across the region, while Ahmedabad remains an important commercial, financial, educational and business hub. The new service could therefore support movement linked to Gujarat’s expanding industrial and logistics economy.Read more
09 Aug 2026
The Indian Institute of Management Ahmedabad (IIMA) has published a case study examining the business model of The House of Abhinandan Lodha (HoABL), focusing on the company's digital-first approach to branded land development. Titled HoABL: Ready for Scaling Up, the case has been authored by IIMA Associate Professor of Marketing Sourav Borah and Dr Aparna Kansal of IMT Ghaziabad. It explores HoABL's strategy of creating a branded land category through technology, legal due diligence, design-led development and customer-focused operations. The case study will be used through the IIMA Case Centre for academic and executive education programmes to facilitate discussions on business model innovation, category creation and organisational growth.Read more
31 Jul 2026
A-1 Limited reported a sharp rise in its consolidated financial performance for the June quarter, with net profit increasing to INR 3.16 crore from INR 60 lakh in the corresponding period last year. The Ahmedabad-based transport and logistics company also recorded a substantial increase in total income, which climbed to INR 175.13 crore from INR 64.78 crore a year earlier. The improved earnings reflect stronger business activity during the quarter, highlighting the company's continued growth in the transport and logistics sector.Read more
16 Jul 2026
A new heritage-themed public park has been inaugurated along the eastern bank of the Sabarmati river in Ahmedabad as part of the city's urban renewal initiatives. Developed by the UNM Foundation in partnership with the Ahmedabad Municipal Corporation (AMC), the INR 10 crore project spans 20,000 sq m between Swami Vivekananda Bridge and Nehru Bridge. The park features permanent installations highlighting Ahmedabad's historical and cultural evolution and forms part of the foundation's wider programme to develop and maintain public open spaces across Gujarat. With the addition of the new park, the foundation now manages 12 public parks covering more than 1.5 lakh sq m in Ahmedabad.Read more
14 Jul 2026
• The Ahmedabad Municipal Corporation (AMC) has suspended the temporary leasing of its plots following allegations of irregularities in the allotment process.
• The decision comes after concerns were raised over the manner in which municipal land was being leased, prompting the civic body to review existing procedures and examine past allotments.
• AMC has halted new temporary lease approvals until a comprehensive review is completed, with officials expected to introduce stricter norms to improve transparency and accountability.
• The move is expected to temporarily delay the use of several municipal land parcels while the civic body reassesses its land management and leasing framework to ensure compliance with administrative procedures.Read more
09 Jul 2026
• The Ahmedabad Municipal Corporation (AMC) plans to widen roads along the Kharicut canal into three-lane corridors to improve traffic flow and strengthen connectivity across the city's eastern neighbourhoods.
• The road expansion forms part of a larger redevelopment programme that integrates canal rejuvenation, drainage upgrades and lake interlinking to improve urban infrastructure and flood management.
• By utilising the Kharicut canal corridor as a mobility route, the civic body aims to ease congestion on existing arterial roads while enhancing access to residential, industrial and commercial areas.
• The project reflects AMC's integrated urban planning approach, combining transport infrastructure, water management and public space development to support Ahmedabad's long-term growth and improve the city's resilience to future urban challenges.Read more
09 Jul 2026
• The Ahmedabad Municipal Corporation (AMC) has identified nearly 220 recently rebuilt roads as vulnerable to cave-ins following multiple road collapses during the ongoing monsoon, raising concerns over the quality of restoration work after underground utility projects.
• The issue gained attention after a 20-foot-deep cave-in on a newly reconstructed RCC road in Satellite, where a parked car fell into the excavation pit, prompting the civic body to inspect road stretches restored after pipeline, drainage, electricity and telecom utility works.
• AMC has launched inspections and directed agencies to strengthen restoration practices and improve coordination during utility works, while experts have called for stricter quality control, proper trench compaction and enhanced monitoring to ensure road safety and prevent similar incidents during the monsoon.Read more
08 Jul 2026
The Ahmedabad Municipal Corporation (AMC) has safely demolished five additional spans of the old Subhash Bridge as part of its bridge reconstruction project. The controlled demolition marks another milestone in replacing the ageing structure with a wider and more modern bridge. Authorities implemented traffic diversions and safety measures during the operation to minimise public inconvenience. The project is expected to improve connectivity across the Sabarmati River and enhance traffic capacity between eastern and western parts of Ahmedabad.Read more
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06 Jul 2026
The Ahmedabad Municipal Corporation (AMC) is preparing to monetise more than 209 civic properties as part of a broader strategy to strengthen municipal revenues and fund infrastructure development. The initiative will focus on commercially viable assets, including land parcels and built-up properties, while retaining ownership through long-term lease models wherever feasible. The civic body also plans to identify additional underutilised leasehold properties for future monetisation. Officials expect the programme to generate sustainable non-tax revenue, support capital-intensive urban projects and reduce dependence on conventional municipal income sources.Read more
26 Jun 2026
• An Ahmedabad court has denied bail to the owner of Popular Builders in connection with an ongoing land fraud and forgery case.
• The case involves allegations of irregular land transactions and financial misrepresentation linked to a disputed 1996 land deal.
• The accused, identified as Raman Patel in reports, remains under judicial scrutiny as proceedings in the case continue.
• The ruling reinforces a strict judicial stance on real estate-related fraud cases in Gujarat amid multiple pending appeals.Read more
25 Jun 2026
Sterling Accuris has launched Accuris Express, a home diagnostic sample collection service that promises priority sample collection within 30 minutes across Ahmedabad. The service, introduced in the past week, allows users to book eligible diagnostic tests through the company’s website and mobile application and receive home visits from trained phlebotomists. Initially available in select locations across Ahmedabad, the offering is expected to be expanded across Gujarat in phases. The launch comes amid growing demand for on-demand healthcare services and reflects changing consumer expectations around convenience, speed and doorstep delivery. Sterling Accuris said the initiative is aimed at improving access to diagnostic testing while maintaining established standards of clinical accuracy, safety and hygiene.Read more
24 Jun 2026
• Ahmedabad Municipal Corporation (AMC) has introduced a property tax waiver scheme for commercial properties that make their parking spaces available to the public free of charge.
• The initiative aims to address parking shortages, reduce roadside parking and improve traffic movement across the city by utilizing existing private parking infrastructure.
• Malls, hotels, hospitals, educational institutions, theatres, gyms, party plots and other non-residential properties can avail of the benefit subject to compliance with AMC norms.
• Property owners will have to register their parking spaces, disclose parking capacity and allow public access through AMC's designated system.
• The move forms part of Ahmedabad's broader urban mobility and traffic management strategy as vehicle ownership and parking demand continue to rise.Read more
20 Jun 2026
Arvind SmartSpaces Limited (ASL) has signed a joint development agreement for a residential plotted development project on the Kerala-Nalsarovar Road corridor in South Ahmedabad. Spread across 58.25 acres, the project will offer a saleable area of approximately 2.5 million sq ft and has an estimated revenue potential of around INR 180 crore. The acquisition strengthens the company’s presence in Ahmedabad’s horizontal housing market, where demand for plotted developments and second-home projects has been rising. The project aligns with ASL’s asset-light growth strategy and expands its portfolio in a micro-market benefiting from improving infrastructure connectivity and increasing residential interest.Read more
19 Jun 2026
Ahmedabad’s residential property market is set for a price increase of 5–10 per cent from 1 July, driven by a sharp rise in construction costs across key input materials. Developers in the city have indicated that escalating prices of steel, cement, and other building components, coupled with global supply disruptions, are compelling a revision in housing rates. Industry stakeholders, including developer bodies, attribute the cost escalation partly to geopolitical tensions affecting supply chains. The revision is expected to impact both ongoing and new residential projects across Ahmedabad.Read more
19 Jun 2026
Indian Railways has approved the installation of Kavach Version 4.0 across 598 route kilometres covering 48 block sections of the Ahmedabad Division of Western Railway in Gujarat, at a sanctioned cost of INR 140 crore. The project, approved under the umbrella programme for Kavach deployment with an LTE-based communication backbone on balance routes, covers the remaining sections of the division not previously brought under the system. With 702 route kilometres already sanctioned earlier, the fresh approval completes Kavach coverage across the entire Ahmedabad Division, furthering Indian Railways' network-wide safety modernisation drive.Read more
16 Jun 2026
• Gujarat is planning a dedicated space manufacturing hub near Ahmedabad to strengthen its presence in India's rapidly growing space sector.
• The proposed ecosystem will support startups, private companies, and component manufacturers with advanced infrastructure and testing facilities.
• A INR 100-crore testing centre is also being planned to help space-tech firms develop and validate their products domestically.
• The initiative aims to attract investment, generate high-skilled employment, and position Gujarat as a major destination for aerospace manufacturing and innovation.Read more
15 Jun 2026
Ahmedabad-based Prozeal Green Energy is preparing to launch its INR 700 crore initial public offering (IPO) in the second quarter of FY27 after receiving regulatory approval from SEBI. The development comes shortly after the company secured a major contract from ONGC to develop 250 MW of captive, interstate transmission system (ISTS)-connected wind power projects worth over INR 2,000 crore. The order marks Prozeal's entry into the utility-scale wind energy segment and strengthens its position in India's growing renewable energy sector as it looks to expand operations and support future growth.Read more
10 Jun 2026
The Ahmedabad Municipal Corporation (AMC) has introduced a new policy requiring developers and utility agencies to bear the cost of traffic congestion caused by road excavation and construction activities. The framework links penalties to the extent of disruption created on public roads and is aimed at improving traffic management, reducing prolonged road occupation and ensuring faster restoration of excavated stretches. Civic officials have stated that the measure forms part of a broader effort to improve urban mobility and strengthen accountability among agencies carrying out infrastructure and development works across the city.Read more
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