AMC sets 22 plots for auctions to raise over ₹1,000 cr
Updated: Mar 13th, 2024
In a bid to raise crores, the Amdavad Municipal Corporation (AMC) has decided to sell a total of 22 plots reserved for residential and commercial purposes in some of the prominent wards of the city.
The auction is scheduled between Apr 4 and 8 via e-auction.
Plots in Motera, Chandkheda, and Bodakdev, along with Thaltej, Makarba, Shilaj, Vastral, Vatva, Nikol, Muthia, and Isanpur and Narol, have been included for auction.
A 4,062 square metre plot for residential purposes on Zydus Hospital Road in Thaltej ward costs ₹2.75 lakh per sq m.
The sale of all the plots is likely to yield an income of over ₹1,000 cr.
Details of plots set for auction
Motera- one residential and one commercial plot
Chandkheda- two commercial and three residential plots
Bodakdev- three commercial plots
Thaltej- one residential plot
Makarba- two commercial plots
Shilaj- one residential plot
Vastral- one commercial plot
Vatva- one commercial plot
Nikol- two commercial and one residential plot
Muthia- one commercial plot
Isanpur- one commercial plot
Narol- one commercial plot
Which are the auctioned plots?
| Area | Type | Sq m | Base price |
| Motera | residential | 16,068 | ₹1,01,000 |
| Chandkheda | commercial | 3,657 | ₹87,000 |
| Chandkheda | commercial | 66,168 | ₹76,000 |
| Chandkheda | residential | 32,296 | ₹85,000 |
| Chandkheda | residential | 24,085 | ₹85,000 |
| Chandkheda | residential | 12,292 | ₹84,000 |
| Bodakdev | commercial | 4,658 | ₹2,70,000 |
| Bodakdev | commercial | 8,167 | ₹2,52,000 |
| Bodakdev | commercial | 5,058 | ₹2,52,000 |
| Thaltej | residential | 4,062 | ₹2,75,000 |
| Makarba | commercial | 3,740 | ₹80,000 |
| Makarba | commercial | 3,710 | ₹77,000 |
| Shilaj | residential | 9,765 | ₹1,70,000 |
| Vastral | commercial | 5,900 | ₹86,000 |
| Vatva | residential | 6,558 | ₹40,000 |
| Nikol | commercial | 1,895 | ₹72,000 |
| Nikol | commercial | 1,085 | ₹75,000 |
| Nikol | residential | 5,741 | ₹70,000 |
| Muthia | commercial | 1,971 | ₹65,000 |
| Isanpur | commercial | 1,672 | ₹60,000 |
| Motera | commercial | 963 | ₹1,00,000 |
| Narol | commercial | 970 | ₹50,000 |
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