‘Thread’ connects twin cities realtors
Oct 16, 2013
Source : The Times of India

 

AHMEDABAD: Realtors are a divided lot in Ahmedabad. Distancing themselves from Gujarat Institute of Housing and Estate Developers (GIHED), apex body of realtors, a group of real estate developers in north Ahmedabad have formed a new association to focus exclusively on the area connecting Ahmedabad and Gandhinagar.

To be called Twin city Hub Real Estate Association of Development (Thread), the body has been formed to highlight the potential in areas like Chandkheda, New Ranip, Motera, Koba, Tragad, Koteshwar and some parts of Gota.

The first activity of the association will be to host a property show to showcase existing and upcoming properties of these areas, on the lines of GIHED.

Thread came into existence after some developers in north Ahmedabad were miffed with GIHED for holding its annual property show only in the western part of Ahmedabad, thus making them feel ignored as their property did not get highlighted.

“The increased dominance of a lobby in GIHED had led to a rift between members. Since a year, some of these members have decided to form a separate association that focuses exclusively on properties in north Ahmedabad,” said a source.

A developer, who is a board member of Thread, said, “GIHED operates at the state- and national-level, so we have formed Thread to highlight the growth and spread awareness about this pocket.”

Considering the internal rifts, GIHED’s new president, Yogesh Bhavsar, has been prompted to do some damage control. In a board meeting on Saturday, Bhavsar appointed four vice-president for south, west, east and central zones of Ahmedabad and a secretary for the north zone.

“When GIHED was launched 33 years ago, there were no zones, which may have led to some developers feeling neglected in recent times. Keeping this in mind, I have introduced five zones and delegated tasks to the head of these zones so that each area of Ahmedabad is represented well,” said Bhavsar.

A former MLA has been appointed as the president of the new association.

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