Articles tagged under: GMC

Rs. 25 crore bonds of Gandhinagar Municipal Corporation listed on NSE, GIFT City

June 25, 2025
Rs. 25 crore bonds of Gandhinagar Municipal Corporation listed on NSE, GIFT City

Gandhinagar: Chief Minister Bhupendra Patel today listed the municipal bond of Gandhinagar Municipal Corporation, worth ₹25 crore, on the National Stock Exchange (NSE) at GIFT City. The Chief Minister completed the listing with a bell-ringing ceremony in the presence of Gandhinagar Mayor Miraben Patel, MLA Ritaben Patel, as well as office bearers and officials of the Municipal Corporation and the NSE. Gandhinagar Municipal Corporation has become the fifth municipal corporation in the state to...Read More

Municipal bond of Gandhinagar Municipal Corporation oversubscribed 9 times

June 20, 2025
Municipal bond of Gandhinagar Municipal Corporation oversubscribed 9 times

Gandhinagar: Established in the year 2010, Gandhinagar Municipal Corporation had placed an offer on NSE to get a Rs. 25 crore municipal bond from the open market. Citizens have given a huge response to this offer. The municipal bond of Gandhinagar Municipal Corporation was oversubscribed 09 times in just one minute today, and it has received a coupon rate of 7.65 percent. GMC has received an offer of Rs. 225 crore against a bond issue size of Rs. 25 crore. Gandhinagar Municipal Corporation has ...Read More

Gandhinagar Municipal Corporation to issue municipal bonds

June 17, 2025
Gandhinagar Municipal Corporation to issue municipal bonds

Gandhinagar: The Gandhinagar Municipal Corporation (GMC) is set to make history by becoming the first among Gujarat’s smaller civic bodies to issue municipal bonds, marking a significant step towards financial self-reliance and urban development. A ceremony to commemorate this landmark event will be held on June 25, 2025, from 10:00 am to 11:30 am at GIFT City, Gandhinagar. With the approval of the Securities and Exchange Board of India (SEBI), the bond will be listed on the National Stock Ex...Read More

GMC to build Rs 70 crore six-lane road along Dholakuva – Koba Metro route

June 20, 2024
GMC to build Rs 70 crore six-lane road along Dholakuva – Koba Metro route

Gandhinagar: Gandhinagar Municipal Corporation (GMC) is likely to construct an 80-metre-wide six-lane road from Dholakuva to Koba Circle along the Metro Rail route. The project is estimated to cost ₹70 crore and the tender process for this construction will begin soon.The metro rail route from Motera Narendra Modi Stadium to Ch-2 is expected to start operations next month. The route extends from Koba Circle to Sabarmati River Bank, covering new and old Koba, Raisan, Randesan, and Dholakuva. ...Read More

Gandhinagar gets new Mayor

June 18, 2024
Gandhinagar gets new Mayor

Gandhinagar: The state capital of Gujarat has got a new mayor today. Miraben Patel has been elected as the Mayor of the Gandhinagar Municipal Corporation. Miraben represents Ward No. 10 in the civic body of the state capital. The new mayor has been elected as the previous mayor's 2.5-year term has ended. Natwarji Mathurji Thakor from Ward No. 1 has been appointed as the Deputy Mayor, and Gaurang Vyas has been appointed as the Chairman of the Standing Committee. In today's General Assembly ...Read More

GMC clears encroachments to make service road for Pethapur flyover bridge construction

June 16, 2024
GMC clears encroachments to make service road for Pethapur flyover bridge construction

Gandhinagar: The Gandhinagar Municipal Corporation (GMC) has removed 15-20 encroachments to open the service road for the Pethapur overbridge construction. The project will begin in a few days at Pethapur Crossroad. Traffic will be diverted to the service road first. The GMC had paused the overbridge work for a month due to water line projects. Now that these are about to complete, the bridge construction will proceed. The bridge will be 1100 meters long and 27 meters wide, costing 66 crores....Read More

Gandhinagar Municipal Corporation becomes Congress-mukt

March 28, 2024
Gandhinagar Municipal Corporation becomes Congress-mukt

Gandhinagar: The only two Congress Party corporators in the Gandhinagar Municipal Corporation (GMC) resigned from their posts in the civic body and the party today. Congress corporators Ankit Barot from ward no. 3 and Gajendrasinh Vaghela from ward no. 2 submitted their resignations. Both leaders are expected to join the ruling Bharatiya Janata Party (BJP) on Friday. With this move, the GMC no longer has any Congress party corporators and is now completely Congress-free. Just before their ...Read More

Congress mukt GMC likely after Holi

March 20, 2024
Congress mukt GMC likely after Holi

Gandhinagar: The only two Congress Party corporators in the Gandhinagar Municipal Corporation (GMC) are expected to join the ruling Bharatiya Janata Party (BJP). If this move happens, the GMC will not have a single Congress party corporator and will be completely congress-free. Presently, the GMC comprises a total of 44 councilors, with 41 aligned with the ruling BJP, 2 from Congress, and 1 representing the Aam Aadmi Party (AAP). Congress corporators Ankit Barot from ward no. 3 and Gajendrasi...Read More

PSP Projects secures Rs. 158.61 crore project in Gandhinagar, Gujarat

December 22, 2023
PSP Projects secures Rs. 158.61 crore project in Gandhinagar, Gujarat

Ahmedabad: Ahmedabad-based construction firm PSP Projects Ltd has emerged as the lowest bidder for a project valued at ₹158.61 crore by the Gujarat government, the company announced today. In a filing to the stock exchanges, the company mentioned, "We are pleased to inform that the company has emerged as Lowest (L1) Bidder in the Project "Civil, MEP & Finishing work for Development of Street” for Gandhinagar Municipal Corporation at Gandhinagar, Gujarat worth INR 158.61 Crores (excl. GS...Read More

7 high rise towers with over 30 stories to elevate western skyline of Ahmedabad

December 14, 2023
7 high rise towers with over 30 stories to elevate western skyline of Ahmedabad

Ahmedabad: The western skyline of Ahmedabad is on the brink of a transformation as seven new upcoming buildings are set to reshape it. Higher than 100-meter with over 30 floors each, these structures will have residential and commercial spaces. The formal agreements for these buildings will be finalized during the upcoming pre-Vibrant summit titled "Liveable Cities of Tomorrow," commencing this Friday. Given the anticipated urban population surge in Gujarat, projected to exceed 60% by 2035 fr...Read More