Ahmedabad real estate
Vasna, a residential locality in Ahmedabad is witnessing real estate development and is fast becoming a residential destination. It is around 4-5 kms of vicinity from Sarkhej-Sanad Highway, Ashram Road and CG Road. Industries such as Tata Nano, Vodafone Essar, Reliance, Nirma and Arvind has brought many corporate professionals to seek permanent and temporary residency [...] Continue Reading »
Tata Housing Development Co. Ltd and Arvind Real Estate, a real estate arm of Arvind Ltd, on Tuesday announced the launch of the Phase-II of a mega integrated sustainable township in Ahmedabad. The township, “New Haven Compact” spreads over 135 acres. It has been inspired from the architecture of Gujarat and Gujarati way of life [...] Continue Reading »
The Confederation of Real Estate Developers Associations of India (Credai) has announced that it will set up an institute in Ahmedabad to impart education and facilitate research in the real estate sector. Credai Institute of Real Estate Research and Professional Studies will come up near Kensville Golf and Country Club near Ahmedabad. The institute, aimed [...] Continue Reading »
Although inventory stock is pressing the prices to go down across the country, Tata Housing has increased prices of its residential spaces by 26 per cent in five months. Tata Housing Development Co Ltd and Arvind Real Estate jointly launched first phase of their township in March, 2012 where they sold 1,090 units at saleable [...] Continue Reading »
The data shared by Cushman & Wakefield (C&W) shows that the capital values of residential property in Ahmedabad has been slower than anticipated. Even the posh areas in the city — Satellite, Vastrapur, SG Highway, and Prahlad Nagar — have grown at an mediocre seven per cent in the last 12 months ending June 2012. [...] Continue Reading »
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 »
Along with the country the real estate in Ahmedabad also witnessing slow progress in terms of sale. The entire real estate sector is under tremendous pressure. The price of real estate projects became stable after a high rise in last two years. The crunch in liquid inflow made the landowners and the builders for opting [...] Continue Reading »
Houses for the middle-income group will have a wall-to-wall carpet area of up to 816 square feet, a preferred standard measurement approved by the Union ministry of housing. If one calculates the additional super built-up area, it would be 1,101 square feet.The municipal corporation or urban development authorities deduct 40% from a land owner for [...] Continue Reading »
In Ahmedabad, you cannot have any commercial activity near a road up to nine metres wide. A road that is between nine and 12 metres wide would allow mixed land use while an 18 metre wide road would allow only commercial activity. When the new General Development Control Regulations (GDCR) norms came into effect, the [...] Continue Reading »
Land worth 40 crore at Vilasiya village were sold on fake power of attorney. Ashok Patel, resident of Usmanpura, had bought 67 bigha land at Vilasiya village from Zahir Fazal Siddiqui, a resident of Mumbai, in February 2011. When Patel went for registration of the land, he realized that he was cheated. Patel on Sunday [...] Continue Reading »
