Latest Realty News

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.
Apr 23, 2015
AHMEDABAD: The state commercial tax department has detected Rs 23.27 crore of VAT evasion on 'work-contracts' from 40 builders and developers
Apr 18, 2015
Ahmedabad: Buoyed by the growing demand in the affordable housing segment, Aadhar Housing Finance Limited (AHFL) is aiming at quadrupling loan disbursements in Gujarat
Apr 16, 2015
AHMEDABAD: Although Gujarat has attracted the third highest share of investments in real estate across India, investments dipped by 22 per cent in the last four years in this western state
Apr 16, 2015
Ahemadabad: A study by Harvard University reveals that a majority of those who are allotted affordable houses never move in due to its location in Gujarat
Apr 13, 2015
Ahmedabad: While the real estate sector has a huge scope of employment at a fraction of investment, real estate broking in need to a major facelift
Apr 10, 2015
Ahmedabad: In a bid to provide a platform for buyers and sellers to buy and sell residential and commercial properties in Gujarat, an online portal named was launched in city
Mumbai builder proposes world's tallest building in Surat
Dec 31, 2014
SURAT: Mumbai builder proposes world's tallest building in Surat
Khajod bourse realty to have cost curbs
Dec 30, 2014
SURAT: The rates of properties in the upcoming Surat Diamond Bourse (SDB) at Khajod will be cheaper compared to any other posh area of Surat
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
Gujarat Housing Board asked to pay for failing to give house for 15 years
Sep 16, 2014
As the Gujarat Housing Board (GHB) conducted draws recently and promised housing units to thousands of people in near future, Shahpur's Prakash Modi is likely to get his deposits back nearly 15 years after he had booked a house in GHB scheme, which was never materialized
PM Modi's 100 days: Smart cities set for take-off, state governments asked to identify cities
Aug 28, 2014
Among PM Modi's pet plans, few would be more significant to India than building 100 smart cities, as the country is in the middle of a massive wave of urbanisation
Royal descendant Pratapsinhrao to make city permanent home
May 20, 2014
VADODARA: After having settled two-decade-old property dispute with his estranged cousin brother, royal scion Pratapsinhrao Gaekwad is set to make Vadodara his permanent home. Pratapsinhrao's father Sangramsinh had settled in Mumbai in 1970s and used to operate Baroda Rayon from there. Sangramsinh kept visiting Vadodara on occasions and was always in contact with his family and friends here. While Pratapsinhrao, too, grew up in Mumbai, he has decided to return to his roots.
Touching nine realty markets of Gujarat and beyond
Apr 07, 2014
AHMEDABAD: A number of reports by the business bodies have suggested that there has been an increase of business and economic activity between Gujarat and Madhya Pradesh in the last few years. The reports, however, fail to acknowledge the fact that the pace of the real estate developments has been even faster in the two states.
Home loans decrease by 55%
Apr 03, 2014
AHMEDABAD: The slowdown in real estate and overall economic slump has led to a record shortfall in demand for home loans last year. According to the latest report by state-level bankers' committee (SLBC), fresh loans worth Rs 1,375 crore have been granted to 18,510 beneficiaries during the third quarter September-December last year, a decrease of 55% from the same period in 2012.
Over 11,000 encroachments on pastoral land in Gujarat
Apr 02, 2014
GANDHINAGAR: Despite Supreme Court's order to clear encroachments and restrict sale of pastoral (gauchar) land, Gujarat still has more than 12,000 cases related to illegal possession of pastoral lands.
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.
Aadhar Housing Finance Forays into Gujarat
Mar 08, 2014
AHMEDABAD: Aadhar Housing Finance Limited (Aadhar), a segment focused housing finance company, today announced the launch of its operations in Gujarat to provide housing finance to the lower income segments (whose monthly income is between Rs 5000 to Rs 25000). The Company currently operates across 7 States namely Madhya Pradesh, Uttar Pradesh, Chhatisgarh, Odisha, Jharkhand, Bihar and West Bengal.
Low demand pushes down cement prices in Gujarat
Mar 08, 2014
AHMEDABAD: Despite the ‘development’ plank in BJP’s Prime Minister candiate and Gujarat chief minister Narendra Modi’s electoral campaign, cement prices, a major commodity that gets used in the infrastructure sector, have not seen much upturn in Gujarat this year. For that matter, last quarter, prices in the Ahmedabad market were rather down by 10-13 per cent owing to slowdown in demand from end user industries like real estate and infrastructure.
Gujarat shows the way in PPP model
Mar 06, 2014
AHMEDABAD: Public Private Partnerships, better known as PPP, in infrastructure development are vital components for the rise and growth of any city in general and its property market in particular. Since, the government in most of the cases either lacks the funds or the expertise to develop the big ticket project, this model has been envisaged for fast track development. However, since its inception as a viable model of developing infra projects, it has been in the news for all the wrong reasons
Gujarat: Moderate appreciation makes entry point attractive
Mar 04, 2014
AHMEDABAD: Statistics show that Gujarat witnessed 6 per cent growth in property prices in last one year and the property price index in the state remained volatile. However, what the statistics does not reveal is the fact that during the same period, many of the cities that National Housing Bank’s Residex tracked down, did witness either no change or downward change. Out of the 26 cities that it covered across the country, only 12 cities witnessed marginal appreciation, and two cities of Gujarat
'India needs an Intellectual Property Rights friendly culture'
Feb 28, 2014
AHMEDABAD: Microsoft (India) has established the Intellectual Property Rights (IPR) chair at Gujarat National Law University (GNLU) about which the software giant had made an announcement recently. In an effort to raise awareness about IPR laws in India, Microsoft and GNLU will collaborate on research in the field and organize seminars on IPR for the next five years.
Khushboo Gujarat ki to waft through Laxmi Vilas Palace
Feb 27, 2014
VADODARA: 'Khushboo Gujarat ki' will drift through the ornate interiors of Laxmi Vilas Palace next month.
Commercial complex to replace 19th century Nazarbaug Palace
Feb 19, 2014
VADODARA: The grand Nazarbaug Palace built in the 19th century will soon be replaced by a shopping mall and a residential colony. Pratapsinhrao Gaekwad, who owns the palace that is now in a shambles, told TOI that he has decided to bring down the century-and-half-old structure. The palace that stands over 1.70 lakh square feet of property next to Mandvi Gate may be demolished within few months. Gaekwad said it may take some time as they are still preparing feasibility report for the project.
Gujarat realty experimenting with marketing formats
Feb 06, 2014
GUJARAT: If the Gujarat real estate market in general and developers in Ahmedabad and Vadodara in particular, have kept the momentum going in favour of them, then it is more by design than by default. While the property markets across the country have been subdued in the last couple of years, the markets across the state have actually bucked the slowdown blues. As a matter of fact, going by the triple measurement yardstick of the growth of the given property market- capital appreciation, rental

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