Latest Realty News

Gujarat-govt-to-adopt-'redevelopment-policy'-for-affordable-housing-in-state
Jun 01, 2015
Ahmedabad: The Gujarat government is all set to announce a 'redevelopment policy' to initiate building of affordable houses in place of old colonies, a senior official said in Ahmedabad on Monday.
AMC-launches-smart-cards-for-property
May 02, 2015
Ahmedabad: The Ahmedabad Municipal Corporation (AMC) launched smart cards for developers and property holders in the city
Ahmedabad's-realty-investors-eyeing-properties-in-Dubai
Mar 05, 2015
Ahmedabad: Some high net worth individuals (HNIs) are parking their funds in the safe realty haven of Dubai
New-residential-unit-launches-down-by-24%-in-Ahmedabad
Feb 18, 2015
Ahmedabad: Subdued demand led to a decline of 24 per cent in new residential unit launches in Ahmedabad
27-years-on,-hunt-for-illegal-structures
Feb 09, 2015
AHMEDABAD: It took the city survey department 27 years to ask the Ahmedabad Municipal Corporation (AMC) if any illegal construction has been reported on any piece of land which has societies and apartments
Hiranandani Constructions to develop Rs 1,000-crore realty project in Ahmedabad
Jan 09, 2015
MUMBAI: Mumbai-based realty developer Hiranandani Constructions is looking to develop a mixed-use project with an investment of nearly Rs 1,000 crore
Bhupendra Patel is new AUDA chairman
Dec 30, 2014
AHMEDADBAD: The state government named Bhupendra Patel as the new chairman of the city's apex urban planning body, the Ahmedabad Urban Development Authority (AUDA)
Demand up for affordable segment, down for luxury in Ahmedabad
Dec 24, 2014
Ahmedabad: While the residential market in Ahmedabad continued to witness sluggish demand for the month of November, demand for office and retail spaces saw some upswing
Gujarat govt begins probe in alleged irregularities in solar park land purchase
Nov 07, 2014
Ahmedabad: The land on which Asia's largest solar park in Charanka, Gujarat has been set up has come under investigation
Soon, AMC to get real-time info on city’s civic services
Sep 10, 2014
After almost a decade of trial and error the Ahmedabad Municipal Corporation (AMC) has finally inched forward to get an entire data related to the city's civic services and individual property owners on a Geographical Information System (GIS) map
Ahmedabad continues to have highest mall vacancy in Q2 of 2014
Sep 09, 2014
Even as a new mall gets added in the city in the third quarter of calendar year 2014, at over 30 per cent, Ahmedabad continues to have the highest mall vacancy among top eight cities since last three quarters
Now, textile major Arvind aims to be real estate brand too
Sep 05, 2014
From being synonymous with the words like ‘denim’ and ‘textiles’, brand Arvind is on its way to establish itself as a formidable real estate brand too
Gujarat retail experience: Over 30 percent of malls in Ahmedabad lie vacant
Aug 19, 2014
A city that was once hailed as the country's prime shopping destination which introduced the concepts of modern retailing - like heterogeneous product mix, air-conditioned ambiance and attractive price points - is now struggling to fill up the empty space in it's malls
Twin cities of Ahmedabad and Gandhinagar on the rise
May 08, 2014
AHMEDABAD: Ahmedabad’s property picture is very bright at the moment. The city is dragging its sister city on the same lines of boom, making Gandhinagar as one of the most viable options for property investment in the recent times. Major thrust has been provided to the twin city with the good network of BRTS connecting Ahmedabad and Gandhinagar.
Ahmedabad: Naroda’s journey to hot property destination
May 03, 2014
AHMEDABAD: The growth of Gujarat’s as well as Ahmedabad’s property market is very impressive and the segment is likely to prosper even in the near future. Many new areas are being developed in the city and the earlier ones are given new shape. Particularly, if you want to see how a neglected industrial area can be transformed into a property paradise, then visit Naroda, a suburban town in Bapunagar, north east of Ahmedabad. It initially flourished with the establishment of the Naroda Industrial
Proposed regulation, pending reforms, to bring growth
Apr 28, 2014
AHMEDABAD: With the upcoming general elections in May this year, the country’s political fate would be decided. As the political scenario in the country will get a direction, the newly elected government can also decide on some of the pending bills that will bring some policy framework to the country. There are a number of key draft legislations pending before the parliament. Industry estimates suggest that more than 120 bills are pending to be passed by the parliament.
Clearances for projects worth 500cr put on hold in Ahmedabad
Apr 28, 2014
AHMEDABAD: Nearly Rs 500 crore worth of residential and commercial projects along the special transit-oriented development (TOD) zone, central business district (CBD) on Ashram Road and the special affodable housing zone (RAH) zone, have been put on hold. The state urban development department has made it mandatory for these zones to have a local area plan before development takes place.
Around 52,000 hotel rooms to be added in top cities by 2017
Apr 16, 2014
AHMEDABAD: A Cushman & Wakefield (C&W) report states that the hospitality sector will see a rise of over 65 per cent in total hotel inventory by 2017. Approximately, 52,000 new hotel rooms are expected to come into existence in the next five years (2013-2017). Despite a slow response, the hospitality sector of India, is expecting to witness better demand, in the coming years, on account of improved global economic conditions. Many hotel projects, that were delayed in the last two years, are also
Expressway to facilitate real estate growth
Apr 15, 2014
AHMEDABAD: To say that expressways are lifeline of urban centres would be like stating the obvious. The expressways across the country have been a connecting point of the main city with the periphery locations, thus, ensuring that satellite cities are sustainable for the working class who otherwise cannot afford to buy a house in the main city. In the process, expressways also act as catalyst in providing a boost to the economy of the region.
Investment in realty sector dips 65 per cent in 2013 at USD 1.2 billion
Apr 15, 2014
AHMEDABAD: Investment in Indian real estate declined by 65 per cent to USD 1.2 billion during 2013, but the country was able to retain 10th rank in Asia Pacific, global property consultant Cushman & Wakefield said. Investment in real estate sector in India stood at USD 3.4 billion during 2012.
GNLU teaches real estate laws to builders, architects
Apr 09, 2014
AHMEDABAD: Gujarat National Law University, Gandhinagar (GNLU) conducted a certificate course on real estate laws recently, keeping in mind country’s aspiring stakeholders in the real estate industry. Realizing the dearth of awareness among real estate stakeholders regarding real estate laws, this was GNLU’s second endeavour in promoting these laws; the first one being a national symposium of realty law that was organized recently.
New Maninagar: On a realty growth path in Ahmedabad
Apr 09, 2014
AHMEDABAD: Ahmedabad’s Real Estate market is on an upswing because of the huge growth of its industrial sector and the overall high rate of development, both in commercial and residential terms. Particularly, due to the industrial growth in the city, many new residential areas are being developed near the industrial areas and new Maningar is one among them.
Proposed regulation, pending reforms, to bring back growth
Apr 03, 2014
AHMEDABAD: With the upcoming general elections in May this year, the country’s political fate would be decided. As the political scenario in the country will get a direction, the newly-elected government can also decide on some of the pending bills that will bring some policy framework to the country. There are a number of key draft legislations pending before the parliament. Industry estimates suggest that more than 120 bills are pending to be passed by the parliament.
Survey on green real estate sector 2014
Apr 02, 2014
AHMEDABAD: While construction processes are increasingly adopting environmental improvements, waste minimisation practices and resource inputs, are getting less attention. One of the key objectives of the national mission on sustainable habitat, released by the Indian prime minister in 2008, was to extend the energy conservation building code to new and large buildings, to ensure energy efficiency in a significant way. However, even after six years of its release, the uptake of sustainability pr
Luxury housing spreads its wings in Gujarat
Apr 01, 2014
AHMEDABAD: Luxury housing is spreading its wings across the cities of Gujarat and the state that was earlier recognised as a cost-conscious market, has suddenly started to show changes. The high-end luxury projects seem to be the in-thing across the state in general and Ahmedabad and Vadodara in particular.

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