Curation Team
AHMEDABAD: The Ahmedabad Municipal Corporation (AMC) is preparing to put seven prime plots in Bodakdev, Ambli, Chandkheda, Gota, and Sola under the hammer, with a combined base price of Rs 447 crore. The proposal will be tabled before the AMC standing committee on Thursday for approval.
Three of the plots are earmarked for residential use, while four are for commercial purposes. The jewel in the list is a residential plot in Bodakdev, under TP 50 priced at a steep Rs 3.10 lakh per sq m— the highest among the seven. Measuring 1,821 sq m on-site (though earlier listed as 2,239 sq m in Form F), the plot’s sale will be based on the actual surveyed size.
Two of the properties now going to auction were previously allocated to govt bodies — but both allocations fell through over price disagreements.
Last year, AMC allotted a 6,495 sq m plot in Gota to the Gujarat govt’s GST department for Rs 104.56 crore to house its directorate general of goods and service tax (Intelligent Zonal Unit, Ahmedabad). The department found the price too high and failed to deposit the amount for a year, forcing AMC to cancel the deal.
Similarly, the Khadi and Village Industries Commission (KVIC) had chosen a plot on Sola-Science City Road for a training centre. Valued at Rs 1.75 lakh per sq m and priced at Rs 69.54 crore, the deal also collapsed after KVIC missed the payment deadline. Both plots are now back in AMC’s auction list.
This is the corporation’s third major auction push in 12 months. In Aug 2024, AMC announced the auction of 13 plots worth a total of Rs 1,156.09 crore, following a March 2024 sale of 22 plots.
That auction saw six plots fetch Rs 174 crore and one in Chandkheda sold to Lulu International Shopping Malls Pvt. Ltd. for Rs 519 crore. Several auctions, however, were scrapped due to single-bidder situations, including high-value plots in Shilaj, Bodakdev, and Motera.
AMC officials said they expect strong interest this time given the prime locations and commercial potential of the properties.
