Archive · 29 May 2025
AMC to Monetize Smart City Data and Properties
The city of Ahmedabad is trying to make more money by using its data and property.
They have set up a special team to figure out which data collected from the Smart City projects, like information on taxes and traffic, can be sold to companies.
They are also planning to rent out spaces like municipal school premises and lease out properties.
This team will look at all the city's assets, like buildings, parking spots, and equipment, and find ways to make money from them.
They are also looking at renting out municipal school premises.
This helps the city earn extra money.
AMC is looking to monetize its properties and Smart City data.
A nine-member Asset Monetization Cell has been established.
The cell will assess digital data for commercial sale.
AMC is focusing on monetizing leased properties worth over Rs 2,000 crore.
The committee will meet every 15 days to review progress.
- Who
- Ahmedabad Municipal Corporation (AMC)
- What
- Ahmedabad Municipal Corporation (AMC) is monetizing its assets, including data and properties.
- When
- The Asset Monetization Cell became operational from March 19.
- Where
- Ahmedabad
- Why
- To generate non-conventional income and monetize assets.
- Organization
- Ahmedabad Municipal Corporation (AMC)
- Focus
- Asset Monetization
- Cell Established
- March 19
- Committee Members
- Deputy Municipal Commissioners & other officials
- Property Value
- Rs 2,000 crore+