Ahmedabad
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 »
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 »
According to a Reuters poll, house prices in India have no signs of coming down in the current financial year. House prices have almost doubled in the past five years and the scenario continues to look gloomy for the buyers. However, as per the poll prediction, prices in Mumbai have a fair chance to fall [...] Continue Reading »
India’s economic slowdown is reflected in the realty sector in the last few months. Asia’s third-largest economy is growing at its slowest pace in nine years and slow consumer expenditure has hit the retail market and the mushrooming malls. Real estate prices and construction costs are rising but the retail business is not growing enough [...] Continue Reading »
As real estate sector in India faces a dip, domestic lenders with major retail loan are keeping an intense look at the situation. While the hub of realty sector, Mumbai, is going through a slump, the lenders are concentrating on the new emerging markets – Pune, Bhopal, Indore, Surat, Nagpur and Ahmedabad. LIC Housing Finance, [...] Continue Reading »
Taller the structure, the more attention and visitors it attracts and Gujarat is all set for this. The state urban development department has confirmed the development of a policy, which is in the pipeline, that will allow tall buildings to come up in Ahmedabad city. A source in the department said buildings up to 40 [...] Continue Reading »
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 »
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 »
