AMC to raise ₹1,000 cr through e-auction of plots at Sindhu Bhavan, Motera, 7 other areas

The Amdavad Municipal Corporation (AMC) will conduct an e-auction on May 19 and 20 to sell residential and commercial plots across the city, including prominent ones on Sindhu Bhavan Road. Through this auction, the AMC aims to generate revenue of ₹1,000 crore.
Two plots near Sindhu Bhavan Road that are up for sale, have been priced at ₹2.52 lakh per sq m. The sale of these two plots is expected to bring in ₹333 crore for the AMC.
As in previous years, AMC will e-auction residential and commercial plots at Sindhu Bhavan Road on SG Highway, Motera, Thaltej, Shela, Nikol, and Vatva this year.
E-auction
Interested companies and developers can register for participation in the e-auction from April 16 to May 15. The most expensive plots, located behind Mango Hotel, near Sindhu Bhavan Road, are part of the same TP scheme and final plot. These plots have previously been put up for sale two to three times, but no buyers came forward.
In total, nine plots are being auctioned this time – three in Chandkheda and Motera, two on Sindhu Bhavan Road, and one each in Thaltej, Vatva, Nikol, and Shela. Previously, the largest plot in Chandkheda was sold for ₹500 crore. The plots that remained unsold last year are being reintroduced in this e-auction.
Plot for sale and price
| Ward | Details | Price (in crores) |
|---|---|---|
| Motera | TP46, FP-214 | ₹162.28 |
| Chandkheda | TP44, FP-218 | ₹103.25 |
| Bodakdev | TP50, FP-353P | ₹205.8 |
| Bodakdev | TP50, FP-353P | ₹127.46 |
| Thaltej | TP38, FP-264 | ₹111.7 |
| Shilaj | TP216, FP-93 | ₹166 |
| Vatva | TP84, FP-133 | ₹26.23 |
| Nikol | TP103, FP-148 | ₹8.93 |
| Motera | TP21, FP-375 | ₹9.63 |
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