Gandhinagar
In Q1 2013, a net absorption of 189,600 sq ft was recorded in Ahmedabad, whereas in Q1 2014, the city posted 607,500 sq ft absorption. The figures are quoted from a study by Cushman & Wakefield. The absorption was concentrated in of Gandhinagar (66 per cent), Prahladnagar (25 per cent) and Sarkhej-Gandhinagar Highway (10 per [...] Continue Reading »
Realizing the scarcity of awareness of real estate laws among real estate developers, the GNLU has conducted a certificate course for the real estate developers and architects. This was GNLU’s second chance of promoting the real estate laws. Earlier, the GNLU has organized a national symposium of realty law. The weekend certificate course was attended [...] Continue Reading »
In the capital of Gujarat, over 60 vendors associated with the Ahmedabad metro project are sitting on a ‘dharna’ in Gandhinagar for protesting against non-payment of dues of about Rs 70 crore.These vendors state that their dues are pending since last six months. Jatin Bhayani, chairman of MEGA Vendor Welfare Association which was formed recently [...] Continue Reading »
The Visakhapatnam North Assembly constituency is in search of basic facilities like roads and water supply. The Visakhapatnam North Assembly constituency consists of the areas like Seethammadhara, Sithampeta and Marripalem but when it comes on the basic needs like roads and water supply these areas are required lot of development. In the voters of this [...] Continue Reading »
Textile conglomerate Arvind Limited, through its subsidiary Arvind Garment Park Pvt Ltd, will set up a 300 acres garment park in Gandhinagar. The group’s own Rs 125 crore garment manufacturing plant will be anchor unit of proposed garment park. It will have a capacity of capacity of nine million pieces. The apparel park is expected [...] Continue Reading »
After almost two years three new special economic zones (SEZs) have been planned in Gujarat, since several developers are dropping their proposals. In principle consent to the proposals worth Rs 483 crore has been given by The Gujarat industry & mines department and will soon offer it to the Government of India’s SEZ Approval Board. [...] Continue Reading »
Gandhinagar: New housing policy has been drafted by the Gujarat government and is expected to be announced in a month’s time. According to sources, the government will simultaneously announce two sub-policies on slum rehabilitation and affordable housing in the cities. The state government has been planning to develop 22 lakh houses in the urban areas [...] Continue Reading »
Gandhinagar- A plot in Gandhinagar’s prime commercial area, which was a property of Calico has been sold at Rs 2.17 crore. Four years ago, the same plot, having a total area of 131.25 square metre, was valued to be worth nearly Rs 50 lakh. But surprisingly it has now fetched Rs 2.17 crore, signifying a [...] Continue Reading »
Gandhinagar – The nodal agency for the Ahmedabad-Gandhinagar metro rail project, MEGA (Metro-Link Express for Gandhinagar and Ahmedabad) has still not utilized the budget provided last year. The nodal agency was provided an amount of Rs 500 crore. It has been ten months of the allocation and the rail project is facing extreme delays and [...] Continue Reading »
Both domestic and global real estate players have signed memorandum of understandings (MoUs) of about Rs 1.34 lakh crore in the affordable housing and construction industry. Totally eight MoUs have been signed for various verticals in housing and construction, including affordable housing technology, pre-cast construction technology and slum rehabilitation. Affordable housing sector saw the maximum [...] Continue Reading »
