Ahmedabad
Both domestic and global real estate players have signed memorandum of understandings (MoUs) of about Rs 1.34 lakh crore in the affordable housing and construction industry. Totally eight MoUs have been signed for various verticals in housing and construction, including affordable housing technology, pre-cast construction technology and slum rehabilitation. Affordable housing sector saw the maximum [...] Continue Reading »
Ahmedabad- Residential real estate sector of Ahmedabad has observed a fall of 18 percent in the number of new schemes that were launched in 2012, reveals data by Ahmedabad Municipal Corporation (AMC). While the number of plans approved in residential segment has dropped down significantly, the number of plans approved by the AMC in commercial [...] Continue Reading »
Affordable housing remains the most critical issue in Gujarat, say experts. Experts from various sector opine that the issue has reached critical dimensions due to the state’s high urbanization growth rate compared to other states. The state witnessed political clashes during assembly elections based on the issue. Gujarat Congress declared ‘own house’ or ‘Ghar nu [...] Continue Reading »
Ahmedabad- Gujarat International Finance Tec-City is planning to develop metro rail infrastructure on its own and within its campus. GIFT city officials approached the state government regarding their plan of the metro rail project. They have been planning to construct a multi-modal transit station at GIFT and other metro stations. Since there is a commercial [...] Continue Reading »
Ahmedabad- In a recent launch, the upcoming International Financial Services Centre, the Gujarat International Finance-Tech City which is located in Gandhinagar will be investing a whooping sum of Rs. 2000 crore for a year. This investment by GIFT is done to set up the infrastructure. The Gujarat government is planning to hardshell GIFT in the financial sector from India [...] Continue Reading »
Ahmedabad: Paras Pharma’s founder Girish Patel is to invest around Rs. 2,000-crore for developing low-cost houses in Ahmadabad. Patel’s company, which was running Paras, will launch the township at Sanand near Tata Motors Nano plant on the outskirts of Ahmedabad. The land of 170 acre is 2 km away from the car plant and around [...] Continue Reading »
Ahmedabad- Every Middle class family strives for affordable housing. Such wishes can be fulfilled by the projects on Gota road, Ahmedabad . Gota road is situated on the outskirts of the city. Although there are many residential projects in Ahmedabad but projects at Gota road offers affordable residential property in the range of Rs 30- 40 lakh. This road [...] Continue Reading »
Ahmedabad- Amplus Realty Fund has announced its first investment of Rs 30 crore in a residential project by Assetz Homes in Bangalore. In the next three years, it expects to get 25 percent returns on this investment. The joint venture aims at developing a mid and high-end residential project in Rajajinagar, Bangalore by 2015. Amplus [...] Continue Reading »
Ahmedabad – The largest city of Gujarat which has emerged as a residential hub from trading place, is now truly an example of continuous growth in the the year 2012. As a property consultant, Prakash Jain observes the growth is mainly due to the developing retail and industrial sectors in the city. There is an [...] Continue Reading »
Ahmedabad- Satellite police have started a drive for door-to-door verification of domestic help registration. Those who have not registered get booked under section 188 of Indian Penal Code for not adhering to the police commissioner’s notification. On the first day of the drive, five people were served notice for hiring domestic help without police verification. [...] Continue Reading »
