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Surat Real Estate News

Last updated: June 21 2020
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  • Surat Real Estate News

    SUDA begins work on master plan for peripheral areas

    TNN | Feb 9, 2018, 04:00 IST
    Surat: Surat Urban Development Authority (SUDA) is preparing an urban development strategy to cover 985 sq km of SUDA areas and 135 villages of Choriyasi, Palsana, Kamrej and Olpad talukas and three nagarpalikas in the district.

    Sardar Vallabhbhai National Institute of Technology, which has been appointed consultants for the urban development strategy, will conceive basic infrastructural facilities for the areas that will be later brought within Surat Municipal Corporation (SMC) limits.

    "We would be giving priority to 10 km area near municipal limits to set up the infrastructure facilities," SUDA chief executive officer M Nagrajan said. The state government has turned its focus on SUDA areas where many mega projects like high speed rail, dedicated freight corridor, national expressway extension from Vadodara to Surat, Surat metro rail, outer ring road, and dream city will be coming up.

    "New town planning schemes would be made for Sachin, Icchapore, Haripura and others areas for regulated urban development. We envisage a tri-city of Surat-Bardoli and Navsari in the years to come. This area could have a population of about 1.10 crore by 2035," Nagrajan added.

    At present, this area, including those of SUDA, has a population of about 50 lakh people and is already undergoing the change. Senior town planner of SUDA P N Datta said, "This strategy will help identify priority areas for development and also ensure that there is complete harmony between planning and design for massive infrastructure development in the region. Urban development strategy will also focus on proper planning of road junctions and the financial models that are required."

    SUDA and SMC officials said the urban development strategy would trigger development of residential and commercial projects in the peripheral areas of the city.









    https://timesofindia.indiatimes.com/...w/62841688.cms
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  • #2

    #2

    Re : Surat Real Estate News

    BJP rejects property tax hike, slashes charges by 75%

    TNN | Updated: Feb 8, 2018, 13:57 IST
    caption

    SURAT: The standing committee of Surat Municipal Corporation(SMC) on Wednesday rejected the property tax hike proposed by the civic body administration for the year 2018-19, besides slashing hikes proposed in various charges by almost 75%.

    The committee comprising of all ruling BJP members turned down the Rs 207 crore property tax hike and slashed the proposed Rs 330 crore user charges to Rs 107 crore.

    Against the total proposed tax hike of Rs 543 crore, the ruling BJP approved only Rs 107 crore user charge increase. It also brought down the capital budget from Rs 2,406 crore to Rs 2,138 crore reducing Rs 268 crore from capital projects.

    As a result, a 100 sqm house owner in Vesu, who last year paid Rs 3,120 as property taxes and user charge will now have pay up Rs 3,500-Rs 3,600 against the Rs 6,300 as proposed in the draft budget by the SMC administration.

    Rajesh Desai, chairman of the SMC standing committee, told TOI, "We have tried to give people-oriented budget and taken care that people are not burdened with taxes. We will be concentrating on basic infrastructure facilities and ensure that implementation is on time and in a proper manner."

    Under BJP rule, over the last one decade, capital works worth Rs 12,000 crore have been undertaken while the city's population has shot up from 41 lakh in 2008-9 to 57 lakh in 2017-18. The number of households has also increased to 18 lakh from 12.5 lakh during the same period.

    "At present, operation and maintenance expenses of the projects in the city is about Rs 1,200 crore per annum but we will try and bring it down to Rs 800 crore," claimed Desai.

    BJP also announced continuation of rebate on advance tax payment. People who pay full advance tax will be given 15% rebate in April and 10% in May. Further, 10% rebate for senior citizens will also continue.

    Now, the budget with cuts and amendments will be put up before SMC general board for final approval. In 116-strong board, BJP has 79 councillors while opposition Congress has 36. One elected BJP councillor has extended support to the Congress.












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    • #3

      #3

      Re : Surat Real Estate News

      Fostta opposes Surat Municipal Corporation ’s commercial tax hike

      TNN | Feb 9, 2018, 09:43 IST


      SURAT: While the ruling BJP in Surat Municipal Corporation(SMC) has drastically trimmed the tax and user charge hike proposed by urban planners, the Federation of Surat Textile Traders Association (Fostta) stated that the traders' community was against paying even half a per cent hike in property tax.

      In a letter to mayor Asmita Shiroya, Fostta office-bearers have stated that the wholesale textile market in the city is passing through a tough phase post-GST and business turnover has fallen by almost 40%.

      Many small traders have shut shop in the last seven months after the GST was implemented in July 2017. The rest of the traders' community is finding it very difficult to operate their businesses due to technical glitches in the GST portal and state governments' decision to implement e-way bill provisions.

      Fostta president Manoj Agarwal told TOI, "We are yet to get details of the property tax hike in the commercial properties by the civic body. However, the traders are against even half a per cent increase. If this happens, then the entire traders' community will come out in opposition." He added, "The GST and e-way bill provisions have hit the traders hard. The textile goods transporters have informed that they will not be taking delivery of fabrics to other states without e-way bill."

      A textile trader Rajesh Jalan said, "It has become very difficult to operate business since the past seven months. The demand for polyester fabric has decreased and that we are facing many problems filing the GST return and generating e-way bills. We can't tolerate the civic body increasing property tax."
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      • #4

        #4

        Re : Surat Real Estate News

        Nearly 400 old apartments to benefit in Surat with new GDCR

        SURAT: Nearly 400 apartmentsin different areas of Surat under the old General Development Control Regulations (GDCR) are likely to benefit with the provisions made by the state government in the new GDCR. Now, these apartments will be able to get permission to rebuild their homes with increased FSI(floor space index) and will also be able to get benefit of raising height of the structure till 25 metre on any road starting from nine metre.

        According to an estimate, at least 250 30-40 year old apartments have sought permission for redevelopment from the state government, which is pending. However, with the new GDCR rules, people will be able to get development permission from local authorities itself.

        Redevelopment of old buildings, specially built in the 1980’s and even before that in Surat city, has been a major issue for the civic authorities. The major obstacle for these buildings weather they are in the old city area, Athwalines or in Adajan, Rander, Pal were the existing rules of the old GDCR.

        “Under the old GDCR rules, to increase the height of a building from 15 metre to 30 metre, there were restrictions with regard to plot size and adjoining road width. It requires 1,500 yard plot and at least 18 metre wide road to reconstruct a 10 floor apartment block. Even for this permission was not granted at local level. Hence, all the developers had to rush to state government’s town planning department to get redevelopment sanctioned,” an official from the town planning department in Surat said.

        However, under the new GDCR, process has been made simpler. Under new law, the height of the apartment could be increased up to 25 metre even if they have 12 metre road and will have to just leave the margin space of 4 metre on all sides.

        In addition to that, provision allows floor space index (FSI) up to 2.7 on any type of road against earlier 1.8 FSI. The most important provision is all the redevelopment projects can now be approved at local level.

        “There are over 400 apartments in the city that need to be redeveloped under this new law. They would be immensely benefited and would be able to do redevelop their homes according to modern needs,” deputy commissioner, Surat Municipal Corporation, Ketan Patel said.

        Source: https://realty.economictimes.indiati...-gdcr/62848077
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        • #5

          #5

          Re : Surat Real Estate News

          Airport terminal expansion under detailed estimation stage: AAI

          tnn | Feb 10, 2018, 04:00 IST
          From just 30,000 passengers per month in April 2017, the passenger traffic at Surat airport has seen a sharp i... Read More

          Surat: The Airports Authority of India (AAI) has stated that the scope of work for expansion of terminal building at Surat airport has been approved and it is under detailed estimation stage at the central headquarters.

          Following a report in TOI highlighting the inordinate delay in the expansion of the existing terminal building at Surat airport on February 8, an aware citizen wrote to AAI regarding the issue and he got a reply, which stated that the scope of work for expansion of the terminal building has been approved by the competent authorities, and was under detailed estimation stage at the central headquarters.

          RTI activist Rajesh Modi told TOI, "Surat airport is operating 22 scheduled flights and 10 non-scheduled flights with monthly passenger capacity of 63,000. The AAI has taken a long time for calculating detailed estimates of the terminal building."

          Modi added, "I was surprised the way AAI replied to my query. If it is exact copy of the old building, then time required for estimation should not be more than two months. The scope of work was approved last year in February then why the inordinate delay in executing the work?"

          From just 30,000 passengers per month in April 2017, the passenger traffic at Surat airport has seen a sharp increase at 63,000 passengers per month. The average monthly flight movements have increased from 647 in April 2017 to almost 1,000 per month in January 2018.

          At present, the terminal building has peak hour passenger handling capacity of 250 passengers - 125 arrivals and 125 departures - as against the required capacity of 2,500 passengers per day.

          As per a rough estimate, the present capacity to handle passengers at the terminal building is 2 lakh per annum. At present, there are around 8 lakh passengers travelling to and from Surat airport per annum in 21 flights operated by SpiceJet and Air India, private operator Ventura Airconnect and Non-Schedule Operator Permit (NSOP).







          https://timesofindia.indiatimes.com/...w/62856515.cms

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          • #6

            #6

            Re : Surat Real Estate News

            Inland waterways’ conference todayin country

            tnn | Feb 10, 2018, 04:00 IST
            At least five rivers out of the total 106 in the country, including Mahi, Narmada, Sabarmati, Jawai-Luni and T... Read More

            Surat: The central government intends to take up development of rivers Narmada and Tapi in south Gujarat for inland water transport under National Waterways Act, 2016, on a priority basis.

            A stakeholders' conference will be held in the Diamond City on Saturday for brainstorming on the development of national waterways in Gujarat in line with the government of India's efforts to create an environment friendly, cost effective, seamless and sustainable mode of transportation.

            Union minister of state for road transport, fertilizer and shipping Mansukh Mandaviya is expected to attend it. The conference would be addressed by Gujarat Maritime Board (GMB) vice-chairman & CEO Ajay Bhadoo, chairman of Deendayal Port Trust Ravi Parmar, member technical at Inland Waterways Authority of India S K Gangwar and hydrographic chief, IWAI, Asish Arya.

            Official sources said at least five rivers out of the total 106 in the country, including Mahi, Narmada, Sabarmati, Jawai-Luni and Tapi, will have national waterways (NW) for inland water transport under the National Waterways Act, 2016.

            River Narmada, which has a length of 227km from Pandhariya to the Arabian Sea at the Gulf of Khambhat, constitutes the NW-73. The projected cargo to be transported through it includes naphtha, polymers and chemical products and wide range of industrial export and import material.










            https://timesofindia.indiatimes.com/...w/62856551.cms


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            • #7

              #7

              Re : Surat Real Estate News

              SUDA begins work on master plan for peripheral areas

              TNN | Feb 9, 2018, 09:44 IST
              SURAT: Surat Urban Development Authority (SUDA) is preparing an urban development strategy to cover 985 sq km of SUDA areas and 135 villages of Choriyasi, Palsana, Kamrej and Olpad talukas and three nagarpalikas in the district.

              Sardar Vallabhbhai National Institute of Technology, which has been appointed consultants for the urban development strategy, will conceive basic infrastructural facilities for the areas that will be later brought within Surat Municipal Corporation(SMC) limits.

              "We would be giving priority to 10 km area near municipal limits to set up the infrastructure facilities," SUDA chief executive officer M Nagrajan said. The state government has turned its focus on SUDA areas where many mega projects like high speed rail, dedicated freight corridor, national expressway extension from Vadodara to Surat, Surat metro rail, outer ring road, and dream city will be coming up.

              "New town planning schemes would be made for Sachin, Icchapore, Haripura and others areas for regulated urban development. We envisage a tri-city of Surat-Bardoli and Navsari in the years to come. This area could have a population of about 1.10 crore by 2035," Nagrajan added.

              At present, this area, including those of SUDA, has a population of about 50 lakh people and is already undergoing the change. Senior town planner of SUDA P N Datta said, "This strategy will help identify priority areas for development and also ensure that there is complete harmony between planning and design for massive infrastructure development in the region. Urban development strategy will also focus on proper planning of road junctions and the financial models that are required."

              SUDA and SMC officials said the urban development strategy would trigger development of residential and commercial projects in the peripheral areas of the city.





              https://timesofindia.indiatimes.com/...w/62841688.cms
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              • #8

                #8

                Re : Surat Real Estate News

                After years, Chowpaty walkway cleaned upafter many years

                tnn | Feb 10, 2018, 04:00 IST
                BJP MLA Harsh Sanghvi had alleged in MLA coordination meeting with SMC officials that the walkway had become u... Read More

                Surat: A 3 km walkway constructed for the people to also feel energized by morning and evening walks from Athwalines Chowpaty to Taj Hotel at Parle Point along river Tapi was cleaned up in many years by the Surat Municipal Corporation (SMC) staffers on Friday.

                BJP MLA Harsh Sanghvi had alleged in MLA coordination meeting with SMC officials that the walkway had become unusable because of the filth and in the absence of streetlights.

                He alleged that anti-social elements had usurped the walkway. He demanded that either SMC conduct daily cleaning or destroy the walkway so that anti-social elements don't convert it into their adda.

                "People are prepared to spend money to maintain this walkway. We would make it beautiful. However, we can't let it become a den of anti-social elements," Sanghvi said.

                The walkway, which was constructed in 2012 at a cost of Rs 3 crore, can benefit at least 50,000 citizens of Athwalines, Parle Point and Umra village. They can spend their morning and evening time here by walking and energizing themselves.

                Municipal commissioner M Thennarasan said, "We have got the walkway cleaned up today itself. We will look for a private partner to maintain it."








                https://timesofindia.indiatimes.com/...w/62856528.cms
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                • #9

                  #9

                  Re : Surat Real Estate News

                  Airport terminal expansion under detailed estimation stage: AAI

                  tnn | Feb 10, 2018, 15:04 IST
                  From just 30,000 passengers per month in April 2017, the passenger traffic at Surat airport has seen a sharp i... Read More

                  SURAT: The Airports Authority of India (AAI) has stated that the scope of work for expansion of terminal building at Surat airport has been approved and it is under detailed estimation stage at the central headquarters.

                  Following a report in TOI highlighting the inordinate delay in the expansion of the existing terminal building at Surat airport on February 8, an aware citizen wrote to AAI regarding the issue and he got a reply, which stated that the scope of work for expansion of the terminal building has been approved by the competent authorities, and was under detailed estimation stage at the central headquarters.

                  RTI activist Rajesh Modi told TOI, "Surat airport is operating 22 scheduled flights and 10 non-scheduled flights with monthly passenger capacity of 63,000. The AAI has taken a long time for calculating detailed estimates of the terminal building."

                  Modi added, "I was surprised the way AAI replied to my query. If it is exact copy of the old building, then time required for estimation should not be more than two months. The scope of work was approved last year in February then why the inordinate delay in executing the work?"

                  From just 30,000 passengers per month in April 2017, the passenger traffic at Surat airport has seen a sharp increase at 63,000 passengers per month. The average monthly flight movements have increased from 647 in April 2017 to almost 1,000 per month in January 2018. At present, the terminal building has peak hour passenger handling capacity of 250 passengers - 125 arrivals and 125 departures - as against the required capacity of 2,500 passengers per day.

                  As per a rough estimate, the present capacity to handle passengers at the terminal building is 2 lakh per annum. At present, there are around 8 lakh passengers travelling to and from Surat airport per annum in 21 flights operated by SpiceJet and Air India, private operator Ventura Airconnect and Non-Schedule Operator Permit (NSOP).










                  https://timesofindia.indiatimes.com/...w/62856515.cms

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                  • #10

                    #10

                    Re : Surat Real Estate News

                    Ahead of PM’s visit, activists start campaign for international airport

                    tnn | Updated: Feb 13, 2018, 09:29 IST


                    SURAT: Airport activists have started a campaign on the official Twitter account of Prime Minister Narendra Modidemanding an international airport for the city. The campaign was launched on Monday and will run until February 25 when Modi is scheduled to attend the flag off ceremony of Surat night marathon being organized by a private group in the city.

                    Surat Airport Action Committee (SAAC) president Sanjay Ezhawa said, “The PM is visiting the Diamond City on February 25 and we want people to flood his official Twitter handle with messages demanding an international airport. We hope that tens of thousands of Twitter messages would inspire our PM to give the gift of an international airport to the city.”

                    After BJP swept the assembly elections by winning all the 12 assembly seats in the Diamond City, the residents had flooded the Twitter handle of Modi and civil aviation minister for expediting the process for an international airport for the city. During one of his public meetings in the city ahead of the assembly elections, Modi had promised an international airport for the city.

                    The PM’s statement on the international airport was criticized on social media and the users asked why there was a long delay in providing customs notified status and immigration staff to Surat when the central government was quick enough to declare an international airport for Rajkot. The TOI had recently highlighted the state government’s letter to the DGP asking for allotment of 68 staff for starting immigration facilities at Surat airport in the financial year 2018-19. This means that the staff will be allotted only after March 2018. “PM Modi has not spoken anything new. We are hearing about the international airport for the past two years, but can’t see the development on ground. It was poll season and we are all used to such stunts,” an RTI activist Rajesh Modi said.

                    Increase in passenger numbers: Total passenger flying to and from Surat airport has increased to 5.63 lakh in 2017-18 till January 2018 as per the data published by Airports Authority of India (AAI) on Monday. The total flight movement in the year was recorded at 9,324 flights. In January month alone, 60,000 passengers had flown to and from Surat airport.







                    https://timesofindia.indiatimes.com/...w/62891764.cms

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