AMC Auctions Four Plots, Earns Rs.236 Crore

04 Nov 2024 CW Team

The Ahmedabad Municipal Corporation (AMC) recently held an auction for 13 plots, managing to sell four while achieving remarkable returns on each sale. The highlight of the auction was a 4,658 sq m plot in Bodakdev, initially priced at Rs.2.70 lakh per sq m, which sold for ?3.07 lakh per sq m. A company purchased the prime property for Rs.1.43 billion, far exceeding the base price.

In total, AMC generated Rs.2.36 billion from the sale of the four plots, surpassing the base price of ?1.95 billion by more than Rs.400 million. Among other significant sales, a 5,741 sq m plot in Nikol sold for ?860 million, and a 963 sq m plot in Motera fetched ?151 million. Additionally, a plot in Makarba, sized at 3,799 sq m, was auctioned for Rs.285 million at Rs.75,000 per sq m.

Approval for the sales will be finalized at the standing committee meeting.

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..