+
Development charges to increase by 15-20 times in Ahmedabad
Real Estate

Development charges to increase by 15-20 times in Ahmedabad

The recent implementation of new jantri rates in April is expected to directly impact the cost of new real estate projects. Adding to the potential price hike, the Ahmedabad Urban Development Authority (AUDA) has decided to increase development charges by 15-20 times the existing rates.

Experts predict that the combination of higher jantri rates and AUDA’s proposed hike in development charges will lead to a rise in property prices in both AUDA and Ahmedabad city areas in the coming months. The same rates will be applicable in the jurisdiction areas of the Ahmedabad Municipal Corporation (AMC) as well.

In March, AUDA had formulated a proposal to increase development charges for land and construction by 20 times. The proposal was made public on June 13, and AUDA has invited public suggestions and objections within the next three months. Afterward, the proposal will be submitted to the state government for final approval before its implementation.

The recent implementation of new jantri rates in April is expected to directly impact the cost of new real estate projects. Adding to the potential price hike, the Ahmedabad Urban Development Authority (AUDA) has decided to increase development charges by 15-20 times the existing rates.Experts predict that the combination of higher jantri rates and AUDA’s proposed hike in development charges will lead to a rise in property prices in both AUDA and Ahmedabad city areas in the coming months. The same rates will be applicable in the jurisdiction areas of the Ahmedabad Municipal Corporation (AMC) as well.In March, AUDA had formulated a proposal to increase development charges for land and construction by 20 times. The proposal was made public on June 13, and AUDA has invited public suggestions and objections within the next three months. Afterward, the proposal will be submitted to the state government for final approval before its implementation.

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?