Properties in Ahmedabad
The cost of commercial properties in Ahmedabad has started sliding down. The office spaces are getting sold at 20 percent less price than the present market rate. The supply of the commercial property space has increased to 30 lakh sq ft. As the real estate investors are exiting the market, the cost of the properties [...] Continue Reading »
The pressure of inflation, higher rate of interest and economic slowdown has led to the downward trend in demands of real estate properties in Ahmedabad. As a outcome of the sluggish demand, the builders across the city are struggling to manage the liquidity crunch. It is observed in the realty market in Ahmedabad, that the [...] Continue Reading »
Real estate builders like DB Group, DLF, Eros, Leela and Royal Orchid Hotels are planning to sell their hotels to reduce the debt amount. The companies had taken a huge debt while expanding business a few years ago. As the market is slowing down, the debt amount has mounded. Hence to come out from the [...] Continue Reading »
Developers in Ahmedabad have taken innovative ways to market their projects. They have gone starry ways and have roped in tinsel town celebrities for launching projects. Stars like Amitabh Bachchan, Hema Malini, Juhi Chawla, Bappi Lahri and Darsheel Safary are being asked to advertise the projects for better sales. However, experts doubt these efforts stating [...] Continue Reading »
