Ahmedabad
Realtors of Ahmedabad have planned to conduct property shows for Non-Resident Gujaratis (NRGs) in North America and Australia. Meanwhile, they intend to gain benefit of the appreciation of dollar value. The conference, ‘Chaalo Gujarat’, will be held from August 31 to September 2 at New Jersey. The Gujarat chapter of Confederation of Real Estate Developers [...] Continue Reading »
A stagnant market and high interest rates on home loans is making developers to plan on small-sized residential projects, rather than luxurious projects. Cash-strapped buyers in Ahmedabad seem to have renewed the market for one and two bedroom apartments. Developers are focusing on smaller, well-designed apartments to cater to the rising demand, mostly from first [...] Continue Reading »
Ampulus Capital Advisors, a fund management company formed by the promoters of the Ahmedabad-based Arvind Group, has floated a realty fund with a target of raising Rs 200 crore. The fund mainly focuses on investing in Gujarat real estate projects. The firm has already raised Rs 100 crore and it hopes to distribute the fund [...] Continue Reading »
Edelweiss Housing, a branch of financial service provider Edelweiss Group, aims at taking its total loan-book size to Rs 6,000 crore by 2015, a top company official said. The firm has a loan book size of 900 crore and has set up its housing finance in 2010. Anil Kothuri, Edelweiss Housing Finance Executive Vice-President, told that the company started [...] Continue Reading »
The fifth phase of Godrej Garden City (GGC) township is coming up in Ahmedabad by Godrej Properties Ltd (GPL), the real estate branch of Godrej group. It will be spread across 1.8 million sq ft of land having 1,200 to 1,500 units and planning of the sub phases of the project is still on as [...] Continue Reading »
One fine morning in Ahmedabad, residents were surprised to see the roads vacant and no vehicles running on them. While enjoying the morning walk, some of the denizens noticed that there were really no vehicles around ‘No vehicle zone’ along Law garden. Even on CG Road the scene was the same and many residents were [...] Continue Reading »
About ten new township projects have been launched by Sahara India in Tier-2 and 3 cities in the country. These projects cover around 900 acres out of its 27000 acres spread across the country. The group has also launched an affordable housing project in the name of Sahara Swapna City which will be built in [...] Continue Reading »
The Gujarat government has planned to drastically reduce the impact fee. The impact fee is a registration charge for legalizing illegal structures in the state’s urban areas. According to sources the state urban development department has decided to fix a “nominal fixed value” for regularizing illegal properties in Ahmedabad and other cities by charging the [...] Continue Reading »
The Gujarat Housing Board (GHB) after over 15 years is planning to launch seven residential schemes in four major cities of the state. The plan is to construct 9100 flats in these seven projects. Out of the seven projects, three projects will be launched in Ahmedabad, two in Rajkot and one project each in Surat [...] Continue Reading »
At present, redevelopment of properties is the “in thing” in real estate sector. One of the top realty player, Godrej Properties has planned to expand its project portfolio in the redevelopment segment. In context with same GPL Managing Director and CEO Pirjsha Godrej says, that in order to increase the availability of housing in Mumbai, [...] Continue Reading »
