Vadodara
In the past few weeks a slew of land deals for property firms in the city have brought in a mixed bag of results. Even as the bigger, cash-rich firms are raking in the moolah, quite a few others in the face of an economic downturn are still struggling with slow sales and delayed projects. [...] Continue Reading »
For property firms in the city, in the past few weeks a slew of land deals have brought in a mixed bag of results. Though the bigger, cash-rich firms are raking in the moolah, the remaining few others are working hard with slow sales and delayed projects in the face of an economic downturn. By [...] Continue Reading »
According to the property consultant, Jones Lang LaSalle (JLL), the tier -III cities have evolved as the attractive destination for retail real estate primarily due to development of infrastructure and increasing purchasing power of consumers in these markets. Cities like Ahmedabad, Chandigarh, Surat, Amritsar, Vadodara, Nagpur, Coimbatore, Lucknow, Jaipur, Ludhiana, Kanpur and Raipur are emerged [...] Continue Reading »
The flagship firm of Harsh Goenka’s RPG Group, KEC International, has put a seven-acre plot in Thane on the block. As per sources the plot is likely to be purchased by Tata Housing for 210 crore, previously housing its cable manufacturing facility. A person close to the development said, for the last three months, the [...] Continue Reading »
With the completion of most of the land acquisition statutory clearances and the award of civil contracts for 1,100 km for the Dedicated Freight Corridor (DFC), project execution has actually begun. There are two legs of the Eastern corridor covered in the 1,110 km— Mughalsarai-Sonnagar and Khurja-Kanpur — and Rewari to Palanpur on the Western [...] Continue Reading »
Vadodara Municipal Corporation (VMC) cleared housing projects worth over Rs 438 crore, ahead of chief minister Narendra Modi’s visit to the city. The standing committee meeting of the VMC cleared the projects in one go under the chief minister’s housing scheme. The bids for Low Income Group (LIG) were cleared at the meeting. The tendering [...] Continue Reading »
Vadodara- The property prices in the city is showing a downward trend from past few weeks. This major correction in real estate market of Vadodara has brought cheer to many middle class families who are planning to buy affordable flats. The prices of properties in Vadodara has reduced by 15 to 20 percent. Builders are offering [...] Continue Reading »
Vadodara- To curb uncontrolled developments on the outskirts of the city, Gujarat’s urban development department has issued a notification saying that it will provide amenity spaces in the areas which do not have town planning (TP) schemes. The department has proposed to make a variation in the existing General Development and Control Regulation (GDCR) of [...] Continue Reading »
Vadodara- On 24 January, 2013, the Vadodara Municipal Corporation (VMC) presented the budget for the year 2013-2014 before the standing committee.The budget suggested 82 percent hike in property tax , 41 percent hike in water charges and increase in street tax of 10 percent of general tax or Rs 120, whichever is lower. Few days [...] Continue Reading »
Ahmedabad- Amplus Realty Fund has announced its first investment of Rs 30 crore in a residential project by Assetz Homes in Bangalore. In the next three years, it expects to get 25 percent returns on this investment. The joint venture aims at developing a mid and high-end residential project in Rajajinagar, Bangalore by 2015. Amplus [...] Continue Reading »
