Latest Realty News

Low prices pushing demand in new Ranip at Ahmedabad
Dec 04, 2013
AHMEDABAD: Ahmedabad is the financial capital of Gujarat. It is developing fast and it has already proved its worth in fields of business and economic activities. The city houses a large number of small, medium and large scale industries. Many MNCs and major Indian companies have set up their manufacturing units as well as corporate offices in the city. In addition, the fast growing IT industry has also created good number of job opportunities and as a result, there is huge influx of people in t
Gota: Luxury at affordable prices in Ahmedabad
Nov 27, 2013
AHMEDABAD: Ahmedabad is considered to be the largest city in Gujarat and one of the fastest growing cities in India. The continuous development of malls, residential townships and office spaces, are some of the growth stimulators, changing the cityscape of Ahmedabad to a very large extent. Maximum activities in terms of planned residential and commercial development can be witnessed in the city.
Market high on investors wish-list, yet not speculative
Nov 27, 2013
AHMEDABAD: Real estate markets across the country have a uniform pattern of being speculative if the given market is high on the wish list of investors. On the contrary, end-user driven markets are always modest in appreciation but nevertheless, carry genuine appreciation and provide a level playing field to all the stakeholders, including the buyers. However, the property markets of Gujarat, most notably, the cream of the market in Ahmedabad and Vadodara, defy this conventional wisdom of econom
AMC plans 9,959 houses for weaker sections
Nov 26, 2013
AHMEDABAD: The Ahmedabad Municipal Corporation (AMC) has decided to build 9,959 houses for the weaker sections of the city. These houses will be constructed at 29 places in various parts of the city.AMC officials said that of the 9,959, AMC will build 5082 houses for Economic Weaker Sections (EWS) and 4877 houses for Low-Income Group (LIG) segment. These housing schemes will launched in 29 different places including Vejalpur, Nikol, Chandkheda, Chandlodia, Thaltej, Kali, Vadaj, Vastral, Kankaria
Absence of satellite sprawling makes Gujarat property market unique
Nov 21, 2013
AHMEDABAD: What makes the cities of Gujarat different from the other major urban centres of India? Ahmedabad and Vadodara hold tremendous potential to grow further, unlike other cities where they have already reached, or are reaching, saturation point. At a time when the urban planners are grappling with the challenges posed by urban sprawling, with the answer of providing satellite cities, often with poor infrastructure, this absence of satellite sprawling is what makes Gujarat property market
Ahmedabad:A city that supports realty with infrastucture
Nov 08, 2013
AHMEDABAD: At a time when developers across the major property markets of India, such as Delhi and Mumbai, are complaining about poor infrastructure, Ahmedabad is probably the only major city where developers are not. With the government focusing on investment and improving infrastructure, Ahmedabad and other cities in Gujarat, like Vadodara, are poised to grow vertically, as well as horizontally.
Ashiana to set up more retirement homes for senior citizens
Nov 08, 2013
AHMEDABAD: Delhi-based Ashiana Housing Ltd plans to set up retirement resorts for senior citizens in at least five more cities across India in the next couple of years, a senior official said here.
Income Tax department surveys on jewellers and builders
Oct 26, 2013
AHMEDABAD: The Income Tax department on Thursday carried out surveys at offices and shops of bullion traders, jewelers, builder and car accessories sellers in the city.
Non-resident Gujaratis wary of investing in realty sector
Sep 20, 2013
AHMEDABAD: Contrary to the belief that the depreciating rupee will bring in investment from non-resident Indians (NRIs) into the real estate industry, Gujarat has seen up to 50% decline in investment by global Gujaratis this year from three years ago.
Realty prices push schools to outskirts of Ahmedabad
Sep 02, 2013
AHMEDABAD: Real estate prices are pushing schools outside the AMC limits. From Bopal to Vaishnodevi Circle, several schools are springing up to cater to the increasing urbanization.
Plan inclusive cities, say experts
Aug 28, 2013
AHMEDABAD: The National Institute of Design (NID) hosted, on August 23, an interesting discussion on what shapes the cities of India. Organized by the Goethe-Institut, India, ‘Dreams and Planning: The Case Of Cities In Twentieth Century India’ drew eminent panelists like Prof Amita Bhide and architect Romi Khosla. They spoke on the two contrasting views on what master plans mean in the Indian context.
Rethink on zoning paralyzes realty projects in AUDA areas
Aug 06, 2013
AHMEDABAD: Developers are seeing a downhill slide in the realty market in Ahmedabad as the urban development department has put on hold clearances to nearly Rs 24,000 crore worth of township, residential and commercial projects that were signed during Vibrant Gujarat summit in January 2013.
AUDA promises 5k houses in two years
Aug 05, 2013
AHMADABAD: In what is being seen as an adrenaline shot in affodabule houses sector, Ahmedabad Urban development Authority (Auda) has promised 5,000 houses in two years in the newly demarcated ‘affordable housing’ zone in the city.
Chandkheda to benefit from BRTS route
Jun 24, 2013
AHMEDABAD: Infrastructure development can have a positive effect on property prices. For instance, residential property prices at Chandkheda, on the outskirts of Ahmedabad, are already on the upswing because the Bus Rapid Transit System (BRTS) route is expected to extend up to this location. Improved intra-city mobility will give an additional fillip to residential property rates.
Property show in Ahmedabad
Jun 22, 2013
AHMEDABAD: Providing a platform to bring together developers, prospective buyers and investors, financial institutions and banks, Indiaproperty.com, leading real estate portal, will organize a two-day property show in Ahmedabad from Saturday.
Dhanteras, Diwali brings cheers for real estate market
Nov 11, 2012
AHMEDABAD: Dhanteras brings yet another reason to invest in property this Diwali. Since the festival holds special significance and is considered auspicious, there is definitely going to be a beeline of investment buyers.
Tax evasion on land deal detected
Nov 04, 2012
AHMEDABAD: In first-of-its kind case in Gujarat, income tax sleuths have found directors of a city-based realty group and their associates of evading tax on short term capital gain of Rs 38 crore, while acquiring land for a golf and residential scheme project.
Longing for booking gets longer for developers
Oct 17, 2012
AHMEDABAD: The strategy was: To cut down new project launches, first try to sell unsold inventory and check prices from further collapsing in the floppy market. However, despite a healthy footfall at the three-day Gujarat Institute of Housing & Estate Developers (GIHED) property show the plan has worked little for the city developers. The GIHED property show, an annual affair for city develope
Integrated township planned for outskirts
Oct 17, 2012
AHMEDABAD: FDI-backed real estate firm Alpha G Corp, which owns and manages the Alpha One mall at Vastrapur, is looking at setting up an integrated housing project on city outskirts. The Gurgaon-headquartered company has already launched three township projects, one each at Fatehbad in Haryana, Karnal and Amritsar. The company's 1.2 million square feet Alpha One mall became operational last
Realtors charged with Rs 30L fraud-Ahmedabad
Oct 07, 2012
AHMEDABAD: A group of 16 investors in a realty scheme near Sanand has accused a firm of defrauding them of Rs 30 lakh. The investors allege the firm did not allot them plots after taking payment. Vipul Mangia, 40, a resident of Sola Road, along with 15 other persons has filed a joint complaint against Mukesh Shah, Raju Desai, Bharat Popat and Sanjay Gujjar, all office bearers in Elegance Realt

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