Property tax leviable for paid parking in Ahmedabad
Real Estate

Property tax leviable for paid parking in Ahmedabad

The civic body announced that malls and commercial complexes in the city, which charge visitors parking fees, will now be required to pay property tax on dedicated parking space, as per the newly declared Parking Area Policy.

According to the policy, property tax will not be imposed on spaces in residential properties or commercial properties where parking is offered for free. Jainik Vakil, chairman of the Ahmedabad Municipal Corporation?s revenue committee, explained that residential areas like bungalows or tenements, where temporary sheds or sunshades have been erected for parking (even if they might be illegal), will not be subjected to property tax.

Vakil also clarified a technical aspect of the policy, stating that the total runway space, which refers to the area designated for the movement of vehicles in parking spaces and access ramps in basements, will be exempt from the tax. He mentioned that they estimated the total runway space to constitute approximately 35% of the overall dedicated parking space.

The civic body announced that malls and commercial complexes in the city, which charge visitors parking fees, will now be required to pay property tax on dedicated parking space, as per the newly declared Parking Area Policy. According to the policy, property tax will not be imposed on spaces in residential properties or commercial properties where parking is offered for free. Jainik Vakil, chairman of the Ahmedabad Municipal Corporation?s revenue committee, explained that residential areas like bungalows or tenements, where temporary sheds or sunshades have been erected for parking (even if they might be illegal), will not be subjected to property tax. Vakil also clarified a technical aspect of the policy, stating that the total runway space, which refers to the area designated for the movement of vehicles in parking spaces and access ramps in basements, will be exempt from the tax. He mentioned that they estimated the total runway space to constitute approximately 35% of the overall dedicated parking space.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?