Ahmedabad
The civic body in association with NGO’s is planning to involve rag-pickers in waste management and cleanliness drive. Around 6000 ragpickers have been identified by the Ahmedabad Municipal Corporation (AMC). They believe that the project would take care of garbage dumps on the city roads as well as the increasing number of rag-pickers. AMC commissioner Guruprasad Mohapatra said [...] Continue Reading »
Malls are witnessing increased footfalls during the festive season. In cities like Ahmedabad and Amritsar the mall developers are eager to cash on the festival spirit of the consumers. In malls like AlphaOne, present in both Ahmedabad and Amritsar,this festive season has brought in very good footfalls and the consumer spending has increased since the [...] Continue Reading »
Portman Holdings is planning to raise third party funds to invest in Indian real estate. The fund worth is estimated at $300 million. The company will raise these funds in overseas markets in the first half of 2013. It then plans to deploy the entire corpus in the next 30 months once the fund raising [...] Continue Reading »
The first Muslim property show which was held in Ahmedabad, kicked off with great revelry as there were about 20,000 visitors especially from the minority community. Since this event was a hit, the organisers are encouraged to hole another such property show based on the communities in places like Rajkot, Surat, Palampur and others. They believe that [...] Continue Reading »
Alpha G Corp, a real estate developer is looking to develop a mixed use city centre in Surat and integrated townships in Ahmedabad, which spreads across more than 100 acres. The firm has successfully completed its one year in mixed use city centre in AlphaOne Ahmedabad which spreads across over 1.2 million square feet. AlphaOne [...] Continue Reading »
Through real estate fund that focuses commercial property is suppose to raise up to Rs 500 crore in the top seven cities of India by Azure Capital. India reality fund II, will be launched by Azure Capital, that will totally focus on commercial properties across the seven cities of India. The investors will focus on [...] Continue Reading »
FDI-backed real estate firm Alpha G Corp, is looking to set up an integrated housing project on the outskirts of Ahmedabad. The company already owns and manages the Alpha One mall at Vastrapur. Alpha G has already launched three township projects, one each at Fatehbad, Karnal and Amritsar. The company is looking at the real [...] Continue Reading »
Ahmedabad Municipal Corporation (AMC) has registered an increase of about 33 per cent in its tax collection as compared to the previous year. According to AMC officials, during the period from April 1 to October 15, AMC collected taxes around Rs 413.42 crore, while the corporation had collected Rs 311.85 crore during the same period [...] Continue Reading »
Confederation of Real Estate Developers’ Associations of India (CREDAI) and the Royal Institution of Chartered Surveyors (RICS) have come together to offer courses in real estate. They have announced a joint initiative to address the learning needs of professionals in real estate and construction sectors. RICS is a global professional body which builds environment that [...] Continue Reading »
Real estate consultancy firm Cushman & Wakefield have reported that the total new demand for residential dwellings during 2012–16 will be 11.8 million units across India. Of the total demand, top 8 cities will account for 18 per cent or 2.1 million units across categories. NCR is projected to witness the highest demand of 381,000 [...] Continue Reading »
