Core Announcement – Order Details
Awarding Entity: Ahmedabad Municipal Corporation (AMC)
Domestic/International Order: Domestic (Ahmedabad, India)
Nature of Order/Contract:
Slum Rehabilitation and Redevelopment project for "Kajimiya ni Chali" at Ahmedabad under Pradhanmantri Awas Yojna. Originally involved development of 728 housing units and 25 commercial shops on PPP basis under Slum Rehabilitation and Redevelopment Policy 2013.
Order Value:
Original total project cost: ₹105.02 Crore
Original compensation structure:
- Transferable Development Rights (TDR): ₹56.51 Crore
- Free sale land: 4209.61 sq meters valued at ₹48.51 Crore
Amended compensation structure:
- Transferable Development Rights (TDR): ₹78.63 Crore (increase of ₹22.12 Crore)
- Free sale land: 2290 sq meters valued at ₹26.39 Crore (reduction from original)
Materiality Context: Not Specified
Execution Timeline:
Original work awarded vide LOA dated 04.10.2025 (received on 07.10.2025)
Amendment intimation received on 01.10.2026
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones: Not Specified
Whether Related Party Transaction: No
Promoter Group Involvement: Not Specified
Financial Implication: Not Specified