Ahmedabad’s multi level parking in posh area set for e-auction

The minimum up-set price of ground floor starts at ₹2.75 lakh per sq m

Updated: Feb 13th, 2024

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Prahladnagar multi level parking (Image: AMC Bidding notification document)

In a bid to solve Ahmedabad’s congestion issues, the Amdavad Municipal Corporation (AMC) has completed yet another multilevel parking and an e-auction has been scheduled for Mar 2.

Freeing the lanes of Prahladnagar from haphazardly parked vehicles, an eight-storey multilevel parking facility has been set up for e-auction, starting at minimum up-set price of ₹2.75 lakh per sq m of ground floor.

The minimum up-set price of the eighth floor and terrace will start at ₹1.23 lakh per sq m.

Floor-wise price of Prahaladnagar multi-level parking 

Floor

Sq m

Price per sq m

Ground (excluding common area)

1785.22 sq m

₹2,74,150

First

1895.73 sq m

₹2,35,800

Fifth

3237.62 sq m

₹1,30,550

Sixth 

3237.62 sq m

₹1,30,550

Seventh 

3237.62 sq m

₹1,30,550

Eighth

3238.12 Sq m

₹1,23,750

Prahladnagar is an area falling exactly near SG Highway, witnesses traffic in the peak hours and a lot more on weekends due to numerous food joints and visitors to the Prahladnagar Garden. 

Prahladnagar multi-level parking can park more than 400 two-wheelers and four-wheelers. Apart from parking space, it also has 78 offices and shops.

With this, the city will now have a total of four multi level parking spaces, including Prahladnagar, Sindhu Bhavan Road, Navrangpura, and Kankaria. One more is under construction in Chandlodiya.

Notably, the AMC invited bids for the e-auction of Sindhu Bhavan Road’s multi level parking last year, where a floor was sold for ₹80 cr.

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