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Gujarat

Ahmedabad realty graph shows an upward trend

Ahmedabad realty graph shows an upward trend
Ahmedabad – The largest city of Gujarat which has emerged as a residential hub from trading place, is now truly an example of continuous growth in the the year 2012. As a property consultant, Prakash Jain observes the growth is mainly due to the developing retail and industrial sectors in the city. There is an [...] Continue Reading »

Kolkata developers deprived of high rises due to sops policy

Kolkata developers deprived of high rises due to sops policy
Kolkata – The serious issue regarding land and sops policy is highly affecting the West Bengal’s real estate market. During an inauguration of a three day conclave on Bengal Builds with top city and few pan India developers as invitees, Chief Minister, Mamta Banerjee quoted that the state is in deep debt to offer freebies to [...] Continue Reading »

Top seven areas of India to observe real estate boom

Top seven areas of India to observe real estate boom
Prospering real estate market of India is a great option for investment for builders and buyers too. If any prime developmental work or new project such as a tech park, an airport, a railway station, a metro work, or a special economic zone (SEZ) is upcoming in an area, then immediately the price of properties [...] Continue Reading »

Realty firms top tax evaders list

Realty firms top tax evaders list
The real estate sector remains on the top when it comes to unveiling unaccounted income. The operations against realty firms make more than 70 per cent of I-T raid operations in the state. I-T officials say that many realty firms have done good business and have evaded taxes. Sources say that, around 6,000 suspected land [...] Continue Reading »

Housing in Gujarat may become costlier

Housing in Gujarat may become costlier
The housing projects in Gujarat are expected to become costlier by about 10-15% in case the rising input costs of material and labour are not reined on time, said the Gujarat Institute of Housing & Estate Developers (GIHED). The GIHED also has taken intervention from the government to keep a check on the spiralling prices of [...] Continue Reading »

American Real Estate to open multi-specialty hospitals in India

American Real Estate to open multi-specialty hospitals in India
US-based American Real Estate plans to open three multi- specialty hospitals and small clinics in Maharashtra, Gujarat and Madhya Pradesh. The real estate firm is looking to set up 500 bed hospitals each in Gujarat, Maharashtra and Madhya Pradesh. The firm has already identified land near Surat in Gujarat and Indore in Madhya Pradesh for [...] 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 »

Surat faces severe labour shortage

Surat faces severe labour shortage
The real estate sector in the diamond city of Surat is experiencing a severe shortage of labourers. Strict implementation of police notification on construction workers has led to fleeing of building contractors. The drive started by police to collect photographs and other details in Katargam, Varachha, Puna, Dabholi, Sachin and Udhna has created panic among [...] Continue Reading »

Credai aims at housing surplus in Karnataka by 2020

Credai aims at housing surplus in Karnataka by 2020
Karnataka unit of Credai (Confederation of Real Estate Developers’ Associations of India) aims to see the state housing surplus by 2020. Officials state that the developers’ body will dwell upon the issue in Statecon 2012, which will be hosted in Mangalore on August 25. The official source states that Credai wants to provide people in [...] 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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