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

Income Tax raids expose cash dealings at builder projects in Ahmedabad

Ahmedabad News Desk

24 Jan 2026

The Income Tax Department carried out searches on over 30 premises linked to two major builder groups in Ahmedabad after undercover checks revealed cash payments in property transactions. The operation involved more than 100 officials targeting corporate offices, construction sites, suppliers, and residences of promoters. Investigators seized documents, digital data, sales ledgers, and details of land and ongoing projects, while also seeking bank and locker records. This is the second significant enforcement in four months, reflecting continued scrutiny of unaccounted transactions in the real estate sector.Read more

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Ahmedabad municipal corporation’s property tax rebate scheme collects INR 24 crore in first week

Ahmedabad News Desk

12 Jan 2026

The Ahmedabad Municipal Corporation (AMC) launched a property tax rebate scheme aimed at encouraging early payment of dues, and it has generated a strong response from taxpayers in its first week. During the period from January 1 to January 7, over INR 24 crore was collected from nearly 24,900 taxpayers who took advantage of interest waivers offered under the scheme. The rebate plan includes full interest waivers for older tax calculations and graded waivers for properties under the newer tax formula, with higher rebates available for early payments. The initiative reflects the civic body's efforts to clear pending tax liabilities while offering financial relief to property owners, and it could significantly boost revenue collection for the current fiscal year if the momentum continues.Read more

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Ahmedabad municipal corporation officials face allegations of collusion over impact fees for illegal houses

Ahmedabad News Desk

11 Jan 2026

Allegations of collusion and procedural irregularities have surfaced against officials of the Ahmedabad Municipal Corporation (AMC) in relation to the collection of impact fees for houses built on government land. Members of a co-operative housing society in Ghatlodia have filed an appeal under the Gujarat Regularisation of Unauthorised Development Act, claiming that AMC's North West Zone officials wrongly linked two illegally constructed houses on government land to their society to collect impact fees and regularise them. The complaint asserts that this misrepresentation facilitated an unlawful regularisation and demands cancellation of the impact fee approvals as well as legal action against the municipal officials involved. Multiple hearings have been held before the appellate authority, with society members seeking clarity and accountability in how irregular approvals were granted for properties on government parcels.Read more

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Ahmedabad authorities crack down on parking violations across the city

Ahmedabad News Desk

31 Dec 2025

Ahmedabad Municipal Corporation has launched a comprehensive enforcement drive against unauthorised parking across the city, issuing a total of 384 notices to vehicle owners and operators during the campaign. The action is part of the civic body's efforts to ease traffic congestion, improve pedestrian movement and uphold public space regulations in key urban areas. Notices were served in prominent commercial and residential zones where vehicles were found parked in no-parking areas or obstructing thoroughfares, footpaths and service lanes. AMC officials have reiterated their commitment to sustaining the enforcement drive and urged citizens to comply with parking regulations to ensure smoother mobility and better urban management.Read more

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India-made driverless metro trainset unveiled for Ahmedabad Metro Phase 2

27 Dec 2025

Titagarh Rail Systems has unveiled India's first driverless metro trainset for the Ahmedabad Metro Phase 2 project, manufactured at its Uttarpara facility in West Bengal with approximately 70-75% local content. The trainset will operate on the Yellow Line connecting Ahmedabad and Gandhinagar and a branch of the Violet Line linking GNLU, Pandit Deendayal Energy University, and GIFT City. Equipped with a Train Control and Management System for automated operation and accessibility features for persons with reduced mobility, it highlights India's growing capability in modern urban rail manufacturing.Read more

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AUDA approves expansion of transit-oriented zones across Ahmedabad's major roads

27 Dec 2025

Ahmedabad Urban Development Authority (AUDA) has approved extending Transit Oriented Zone (TOZ) benefits to 4,604 hectares along ten major city roads. This includes a higher Floor Space Index (FSI) of 4.0 and reduced parking requirements, even in areas where Bus Rapid Transit System (BRTS) corridors are not yet completed. The move aims to encourage dense, vertical development along key transport routes, covering both operational and proposed BRTS stretches. The proposal now awaits state government approval and aligns with the city's Development Plan 2021 and earlier urban planning strategies to integrate land use with transport corridors.Read more

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Ahmedabad developers accused of cheating 95 homebuyers of around INR 35 crore

21 Dec 2025

Police in Ahmedabad have registered a criminal complaint against a group of developers and their associates on allegations of large-scale cheating and breach of trust involving approximately 95 homebuyers. Complainants allege that the group sold properties in a proposed housing project without securing required regulatory approvals and later sold the land to others. The total amount allegedly collected from buyers is around INR 35 crore, prompting an investigation by the Detection of Crime Branch into transactions, notarial agreements and the role of intermediaries in the scheme.Read more

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AMC cracks down on unlicensed eateries across Ahmedabad

16 Dec 2025

The Ahmedabad Municipal Corporation has sealed six well-known eateries after inspections revealed they were operating without valid licences and mandatory approvals. The action followed routine checks and public complaints, which found gaps in trade licences, fire safety clearances and regulatory permissions. Notices were issued to the establishments, but failure to submit proper documentation led to the sealing of premises. Civic officials said the move is part of a wider enforcement drive to ensure compliance with health, safety and urban regulations. The corporation has urged all food businesses in the city to verify their licences and approvals, warning that similar action will continue to protect public health and maintain regulatory discipline.Read more

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Ahmedabad gets 11,600-sq-m Electrotherm Park promoting wellness and urban greenery

12 Dec 2025

Union Home Minister Shri Amit Shah inaugurated Electrotherm Park in South Bopal, a newly developed 11,600 sq m public garden created through a PPP partnership between Electrotherm (India) Ltd and the Ahmedabad Municipal Corporation. Designed around a river-inspired layout, the park features open green spaces, a water channel along the jogging track, age-specific play zones, an open-air gym, pet park, traditional-games corners and shaded seating areas. With over 22,800 plants, including fruit trees and flowering species, the space promotes biodiversity and nature-based learning. Company leaders said the park aims to encourage healthier lifestyles and create an inclusive, community-focused urban environment.Read more

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Ahmedabad seals 11 unauthorised PG units in Thaltej

11 Dec 2025

AMC recently sealed eleven PG tenements in Thaltej after finding them operating without necessary permissions. The crackdown is part of a larger city-wide drive that identified 401 PG units, of which 385 lacked mandatory society or police clearances. Notices were issued, particularly targeting large and multi-flat PG operations rather than individual-house setups. The action follows legal directives and a meeting of city officials and lawmakers demanding enforcement. PG operators have been warned: secure the required approvals or face closure of their properties.Read more

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Ahmedabad sees surge in tall buildings with AMC approving 17 new projects

02 Dec 2025

Ahmedabad Municipal Corporation's standing committee has reviewed proposals for 17 new high-rise projects across Bodakdev, Thaltej, Ambli-Bopal, Science City Road, Gota and Shilaj, reflecting growing demand for residential, commercial and mixed-use spaces in the city's expanding western corridors. Together, these projects will add about 2,000 homes and 2,300 commercial units, while AMC has already earned nearly INR 250 crore through permissions and related charges. This year, AMC also issued its first Building Use certificate for a residential tower exceeding 100 metres on Science City Road, signalling Ahmedabad's shift toward vertical growth. The cluster of seven skyscraper proposals in Bodakdev further reinforces its emergence as a major high-rise development hub.Read more

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Ahmedabad land auction sees strong bids for Sola-Hebatpur commercial plots

01 Dec 2025

The Ahmedabad Municipal Corporation generated INR 473.7 crore from an online auction held earlier this week, where five of the 13 listed land parcels were sold across Shilaj, Chandkheda-Zundal, Sola-Hebatpur and Vastral. The residential plot in Shilaj sold at its base rate, while commercial plots in Sola-Hebatpur attracted significantly higher bids, contributing the highest premium revenue. The remaining plots in Chandkheda-Zundal and Vastral saw sales marginally above their base values. Although more than half the plots received no bids, the auction highlighted strong interest in certain commercial zones.Read more

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Ahmedabad's luxury hotels to incur additional wastewater levy under AMC's revised policy

25 Nov 2025

Ahmedabad Municipal Corporation has approved a wastewater-user levy on luxury hotels discharging more than 10 kilolitres per day, with the charge set at INR 8 per kilolitre. Around 20 upscale properties, including three- to five-star hotels, will see this applied from the 2026-27 billing cycle. The revision is linked to compliance norms required for a major infrastructure upgrade supported through an international funding programme. Annual bills for these hotels are projected to rise by INR 1.5-2 lakh, reflecting the city's attempt to align high-consumption commercial users with sustainable water-management practices.Read more

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Ahmedabad civic body clears unauthorised structures in Vatva and Jamalpur

15 Nov 2025

The Ahmedabad Municipal Corporation (AMC) this week dismantled 14 illegal constructions surrounding Bhoja Talav along the Narol-Aslali Highway in Vatva, freeing approximately 12,540 sq m of lake-land from encroachment. At the same time in Lambha ward, two unused public toilet blocks and five compound walls in Saijpur-Gopalpur were removed. In Jamalpur, a structure on a leased plot whose lease expired in 2009 was demolished under police protection as the occupant was reportedly a history sheathe. Meanwhile, the AMC's solid waste management team inspected 289 units city-wide, issued littering notices in 116 cases, and seized 6 kg of banned plastic.Read more

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Ahmedabad Airport adds new parallel taxiway to ease congestion and improve aircraft movement

09 Nov 2025

The Sardar Vallabhbhai Patel International Airport (SVPI) in Ahmedabad has developed a new parallel taxiway for Code C aircraft to enhance ground handling efficiency and reduce delays. The taxiway is expected to become operational by the end of December after getting approval from the Directorate General of Civil Aviation (DGCA). Once active, the airport�s aircraft movement capacity could rise by nearly 20 %, helping reduce fuel use and turnaround time. The project follows earlier upgrades, including a 395-metre taxiway extension commissioned in May 2024.Read more

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LuLu Group buys INR 519 crore land parcel in Ahmedabad, sets new city record

22 Oct 2025

LuLu International Shopping Malls Pvt Ltd has purchased a 66,168 sq m plot in Chandkheda, Ahmedabad, for INR 519.41 crore, marking the city's largest-ever property transaction. The deal, registered at the Sabarmati sub-registrar's office, generated INR 31 crore in stamp duty, a record for Ahmedabad. The Ahmedabad Municipal Corporation had auctioned the land at a base price of INR 76,000 per sq m, with LuLu securing it at INR 78,500 per sq m. After resolving land possession issues, the AMC approved a full sale deed instead of a 99-year lease, reflecting a policy shift towards investor-friendly practices and signalling rising confidence in Gujarat's real estate market.Read more

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Ahmedabad development body to roll out new town planning schemes

04 Oct 2025

The Ahmedabad Urban Development Authority has approved seven new Town Planning (TP) Schemes across satellite villages surrounding the city. The initiative aims to urbanise nearly 1,000 hectares and create land for infrastructure such as roads, while preparing Ahmedabad for upcoming large-scale sporting events. Areas including Saij, Godhavi, Kaneti, Nidhrad and Manipur are among those identified for structured development.Read more

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Ahmedabad municipal corporation cracks down on unauthorised paying guest facilities

30 Sep 2025

The Ahmedabad Municipal Corporation (AMC) has taken steps to regulate unauthorised paying guest (PG) facilities operating from residential buildings. Out of 401 identified PG units, 385 lacking both society and police no-objection certificates (NOCs) have received official notices, with warnings of sealing for non-compliance. The crackdown follows discussions in a recent coordination committee meeting of MPs and MLAs and aligns with Gujarat High Court guidelines. Meanwhile, applications for legal hostel approvals, particularly in western Ahmedabad, are rising due to growing student housing demand.Read more

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Torrent Group's UNM Foundation restores and reopens Sardar Baug in Ahmedabad

01 Sep 2025

Sardar Baug, a heritage garden in Ahmedabad, has been reopened to the public after a complete restoration carried out by UNM Foundation under its PRATITI initiative. Once known for its orchards and gatherings of freedom fighters, the garden had fallen into decline over the decades. The restoration has revived both its cultural and ecological identity with features such as a walking track, children's play area, amphitheatre, rose garden, and water bodies. It is now the eleventh garden developed under PRATITI, which maintains large public green spaces across Ahmedabad, Gandhinagar, Surat, and Daman.Read more

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PM Modi to inaugurate 1,449 PMAY houses in Ahmedabad

25 Aug 2025

Prime Minister Shri Narendra Modi is scheduled to visit Gujarat on August 25 and 26 to inaugurate 1,449 houses and 130 shops built under the Pradhan Mantri Awas Yojana (PMAY) in Ahmedabad. The project, which cost INR 133.42 crore, is part of the Gujarat government's Slum Rehabilitation and Redevelopment Policy and is a key step towards achieving its "Housing for All" objective. This move is expected to provide modern homes and improved facilities to families living in the Ramapir Tekra slum area.Read more

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