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Ahmedabad

Housing demand to soar to 12 m by 2016: C&W

Housing demand to soar to 12 m by 2016: C&W
Report by global property consultant Cushman and Wakefield states that there will be an increase in the demand for 12 million housing units across the country in the next five years. It is said that the top eight cities will form about 20 per cent of the additional demand. However, the overall demand generated for [...] Continue Reading »

Supply gap of 31% in Ahmedabad mid-segment housing

Supply gap of 31% in Ahmedabad mid-segment housing
The supply gap in mid-segment residential units in Ahmedabad has reached over 31 per cent. The current emphasis seems to be towards high-end segment in the city. However, despite efforts to focus on the segment, high-end supply gap is also hovering at around 22 per cent, as per the latest report released by global real [...] Continue Reading »

Everstone ties up with Jones Lang LaSalle India

Everstone ties up with Jones Lang LaSalle India
Everstone has tied-up with Jones Lang LaSalle India for providing retail property management services to four shopping malls at Pune, Kochi, Vadodara and Ahmedabad. The agreement bears significance as this is the first time that a private equity (PE) fund has entrusted its entire shopping centre management portfolio to a real estate consulting firm in [...] Continue Reading »

Narol – Aslali, Vatva among rising residentail localities in Ahmedabad

Narol – Aslali, Vatva among rising residentail localities in Ahmedabad
Rapid urbanisation into Ahmedabad has pushed the demand for housing and commercial spaces in the city in the last few years. As traditional localities like SG Road, Bopal, Satellite etc have been saturated, new localities have emerged as realty destinations – Vatva and Narol-Aslali Road. Narol – Aslali vicinity is emerging as the fastest developing [...] Continue Reading »

Rajkot witnesses real estate growth

Rajkot witnesses real estate growth
Gujarat is seeing rapid growth and transition in the real estate sector, which is being reflected in real estate growth in cities like Ahmedabad, Surat and Rajkot. Rajkot is witnessing growth in realty market and the residential values have been going up consistently. There has been a rise of 8-10 per cent in residential values [...] Continue Reading »

Indian investors going for investing in second property

Indian investors going for investing in second property
Real estate continues to remain top option for Indian investors. Capital appreciation, rent and protection from inflation drive real estate investment and citizens go for second property for all these advantages. A recently conducted survey in Delhi/NCR, Mumbai, Bangalore, Hyderabad, Chennai, Ahmedabad, Kolkata, Pune, Chandigarh, Kochi, Coimbatore and Jaipur shows that out of 1,430 respondents, [...] Continue Reading »

Real estate firms revisiting strategies

Real estate firms revisiting strategies
The real estate firms are revisiting strategies for development in India’s smaller cities. Various firms have been pursuing varied strategies on the backdrop of a realty slowdown. Some large developers are sticking to bigger cities while discontinuing project plans in smaller towns. Some firms are switching from premium to affordable homes to generate sales and [...] Continue Reading »

Office space demand grows in Ahmedabad

Office space demand grows in Ahmedabad
Ahmedabad is seeing increasing demand for office space. The entry of new ventures from across India and expansion of local industries have propelled the increased demand. Commercial capital values have almost been doubled in last two years while the rentals have become thrice. Organised retail has also grown to an unprecedented extent. The developers and [...] Continue Reading »

Ahmedabad to make use of 790 acres of unutilised land

Ahmedabad to make use of 790 acres of unutilised land
Shortage of lands seems to cease being a problem for building affordable houses in Ahmedabad. 790 acres of land acquired under Urban Land (Ceiling and Regulation) Act(ULCRA) for developing houses for the urban poor and middle class in Ahmedabad had been lying unutilised for decades and now authorities are planning to come up with housing [...] Continue Reading »

Tata Housing launches second phase of affordable township in Ahmedabad

Tata Housing launches second phase of affordable township in Ahmedabad
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 »



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