AMC puts 9 city plots up for auction with ₹920.48 crore base price

Ahmedabad: The Amdavad Municipal Corporation (AMC) is set to auction nine land parcels across the city with a total base price of ₹920.48 crore. The properties, which include five residential and four commercial plots, are located in various areas, including Bodakdev, Thaltej, Motera, Chandkheda, Shilaj, Vatva, and Nikol.

In previous auctions, a lack of competition and single bids led to cancellations, but this time, AMC is optimistic about a stronger market response. Developers and companies can register for the auction between April 16 and May 15 on AMC’s official website, with the e-auction scheduled for May 19 and 20. The civic body expects to earn around ₹1,000 crore from the sale.

Among the plots, the most premium one is located behind Mango Hotel near Sindhu Bhavan Road. Two plots in this area are collectively priced at ₹333 crore, with the land rate set at ₹2.52 lakh per square metre — the highest among the commercial offerings.

 

Location Area in sq m Minimum price in ₹/sq m Type Plot Estimated Price
Thaltej TP 38, FP No. 264 4,062 2,75,000 Residential ₹111.70 crore
Shilaj TP 216, FP No. 93 9,765 1,70,000 Residential ₹166 crore
Motera TP 46, FP No. 214 16,068 1,01,000 Residential ₹162.28 crore
Chandkheda TP 44, FP No. 218 12,292 84,000 Residential ₹103.25 crore
Vatva TP 84, FP No. 133 6,558 40,000 Residential ₹26.23 crore
Bodakdev TP 50, FP No. 353/P 8,167 2,52,000 Commercial ₹205.80 crore
Bodakdev TP 50, FP No. 353/P 5,058 2,52,000 Commercial ₹127.46 crore
Motera TP 21, FP No. 375 963 1,00,000 Commercial ₹9.63 crore
Nikol TP 103, FP No. 148 1,085 75,000 Commercial ₹8.13 crore
Total ₹920.48 crore