Real Estate in Ahmedabad
Vasna, a residential locality in Ahmedabad is witnessing real estate development and is fast becoming a residential destination. It is around 4-5 kms of vicinity from Sarkhej-Sanad Highway, Ashram Road and CG Road. Industries such as Tata Nano, Vodafone Essar, Reliance, Nirma and Arvind has brought many corporate professionals to seek permanent and temporary residency [...] Continue Reading »
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 »
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 »
As per the report of the sale registration in Ahmedabad, it is found that the real estate industry in Ahmedabad seems to be going through a bad phase. Property sale deed registration in Ahmedabad has decreased by 20% in last one year compared to previous year. According to the real estate builders of Ahmedabad, this [...] Continue Reading »
As of date Ahmedabad has unsold apartments of Rs 3000 crore. While large developers are refusing to budge on the price front, smaller ones with poor holding capacities and lack of financial access are silently selling their stock at 25% lower than the existing market rates. Most of the unsold units have piled up in [...] Continue Reading »
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 »
Along with the country the real estate in Ahmedabad also witnessing slow progress in terms of sale. The entire real estate sector is under tremendous pressure. The price of real estate projects became stable after a high rise in last two years. The crunch in liquid inflow made the landowners and the builders for opting [...] Continue Reading »
