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Ahmedabad

Gujarat cities are the next real estate hub of India: JLL

Gujarat cities are the next real estate hub of India: JLL
Real estate consultant Jones Lang LaSalle India (JLL) stated in their recent report that the industrial development happening in and around Ahmedabad, Vadodara and Surat, have propelled these three major cities of Gujarat emerge as next best option for office space in real estate market. Firms based out of metros are eyeing Gujarat as the [...] Continue Reading »

HC seeks report on fire safety at high-rise buildings

HC seeks report on fire safety at high-rise buildings
The Gujarat High Court has asked Ahmedabad Municipal Corporation (AMC) chief to inspect all 908 high rise buildings in the city for fire safety equipment, and submit a report before the court. According to statistics, there are 1232 high-rise buildings in the city and out of these, 907 do not have fire safety no objection certificate (NOC) from the fire department. [...] Continue Reading »

Indian realtors foray into global market

Indian realtors foray into global market
Tata Housing has announced that it is planning to launch eight to 10 projects in the country this financial year in spite of overall slump in the sector. Under its affordable housing segment, ‘Smart Value Homes’, Tata Housing has forayed into Gujarat by launching Shubh Griha in Ahmedabad. Along with its domestic operations, it has [...] Continue Reading »

Ahmedabad realtors look for new ways to entice buyers

Ahmedabad realtors look for new ways to entice buyers
Owing to declining sales and liquidity crunch scenario, real estate developers of Ahmedabad are looking for innovative offers to attract buyers. Developers and promoters are offering schemes like free parking, interest free EMIs, free club membership, and varied discounts to buyers though they may not offer direct cash discounts. Local developers in Ahmedabad have not [...] Continue Reading »

Ahmedabad becoming the hotspot for Indian real estate

Ahmedabad becoming the hotspot for Indian real estate
Ahmedabad has grown tremendously over the past decade due to progressive policies and development oriented governance. On the realty front, it has witnessed unparalleled returns and has become one of the most exciting investment destinations in India today. Retail boom in the city is unprecedented. Office space investments and money value of commercial properties have [...] Continue Reading »

CREDAI called for reforms in realty sector

CREDAI called for reforms in realty sector
The Confederation of Real Estate Developers Association (CREDAI), on Wednesday, called for comprehensive reforms in areas related to land administration, banking and taxation to lift the realty sector and support in meeting the shortage of 26 million houses. CREDAI unveiled 10-point agenda to revive the sector, which is facing demand slowdown due to high interest [...] Continue Reading »

Ahmedabad realty bags 50,000 new residences

Ahmedabad realty bags 50,000 new residences
Even though the realty sector of India is witnessing a slowdown, Ahmedabad real estate seems to bag 50,000 new residential units in the mid-segment category in next two years. Commercial space absorption rate has outdone the pre-recession levels in the city. This market overview of Ahmedabad was released by one of the leading real estate [...] Continue Reading »

New shopping streets take over old ones in Ahmedabad

New shopping streets take over old ones in Ahmedabad
A real estate consultancy report highlights that while commercial rentals in one-time high streets like SG Highway and CG Road in Ahmedabad saw a marginal increase of 4 to 6 per cent, for Prahaladnagar and Law Garden it jumped to over 20 per cent on year-to-year basis. The focus seems to be moving away from [...] Continue Reading »

C&W to open new office in Ahmedabad

C&W to open new office in Ahmedabad
Global real estate consultant Cushman & Wakefield has announced that they would be opening their new office, their 10th one in the country, in Ahmedabad. It bears testimony to growing Gujarat real estate market which has seen active industrial growth in the state in the last few years. Gujarat has seen a model growth in [...] Continue Reading »

I-T sleuths inspect three Surat realtors

I-T sleuths inspect three Surat realtors
Income tax (I-T) officials from Rajkot, Ahmedabad and Surat, on a key operation, carried out searches at 26 and surveys at 25 premises belonging to three builders in the city on Tuesday. The officials are inspecting the offices and houses at Varachha, Katargam, Nana and Mota Varachha and project sites at Vyara in Tapi district, [...] Continue Reading »



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