Amidst the persistent parking woes near Prahladnagar Garden, an eight-storeyed multilevel parking facility looms tall, yet remains utterly underutilised.

In Ahmedabad’s South-West Zone, in the Prahladnagar area, the municipal authorities have constructed an eight-storey multilevel parking facility at a cost of ₹76 crore. Attempts to sell the properties within this facility were made twice previously, but they were unsuccessful. 

Consequently, the Amdavad Municipal Corporation (AMC) Standing Committee has approved a new proposal to auction these properties. After such a significant investment, the Standing Committee Chairman Devang Dani remarked that if ‘buyers cannot be found, then such projects should be discontinued’.

AMC officials had presented the idea of multi level parking to the ruling party as a solution to ease traffic issues. However, prior experiences with projects like Navrangpura multilevel parking and Kankaria multilevel parking, which involved investments of crores of rupees, revealed that there were no takers for the properties in those facilities.

Despite these setbacks, an eight-storey multilevel parking structure was constructed in Prahladnagar. Now, the municipal authorities are facing significant challenges in selling these properties.

This multilevel parking facility, which includes commercial spaces, was initially priced by the corporation’s valuation committee at ₹4.3 lakh per square metre.

However, after two failed attempts to sell the spaces, the price was reduced to ₹3.96 lakh per square metre. Despite the reduction, doubts remain about whether these properties will sell. In the same area, the maximum jantri (government-declared property rate) is expected to reach ₹1.03 lakh starting April 2025.

Standing Committee Chairman Dani criticised the situation, stating that such projects should be reconsidered if the properties fail to sell after such a large investment. 

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