Latest Realty News

Realty market flourishing on the outskirts of Ahmedabad
Feb 06, 2014
AHMEDABAD: Since the last few years, Ahmedabad’s real estate market is growing at a very fast pace, as new areas are being augmented with infrastructure projects and adequate basic facilities. Another reason for such growth is that the city enjoys close proximity to Mumbai, the financial capital of the country. Further, due to factors like urbanisation, tier-II cities like Ahmedabad, have become major realty destinations of late. As a result, many localities are expanding and new areas on the ou
Motera: On a growth path in Ahmedabad
Feb 01, 2014
AHMEDABAD: Every area of the city has its unique identity. Likewise Motera is also known for the cricket matches held at the Sardar Patel Stadium located in that area. Further, due to its proximity with the cities of Ahmedabad and Gandhinagar, Motera has developed a lot over the last few years. It has attracted a lot of developers and house hunters owing to a number of factors.
Gujarat realty: Addressing the issue of labour shortage
Feb 01, 2014
AHMEDABAD: The real estate market of Gujarat is undoubtedly growing at a fast pace but it is not free from concerns like labour shortage. The realty sector in the state is by and large dependent on the migrant work force. For example, while masons from Jharkhand, Bihar and Odisha rule the state’s construction works, carpenters are mainly from West Bengal. Those from Andhra Pradesh have a substantial presence in all categories while plumbing work is the forte of local people. Hence, if there is s
AMC’s LIG housing schemes soon
Jan 21, 2014
AHMEDABAD: One of the biggest housing packages for the Lower Income Groups (LIG) would be unleashed by the Ahmedabad Municipal Corporation (AMC) in the coming days. After Auda laid stress on the affordable housing in the city in its latest development plan for Ahmedabad, the AMC’s standing committee agenda carries allocation of construction works to various developers to come up with such houses.
GIFT allotments start
Jan 13, 2014
AHMEDABAD: Gujarat International Finance Tec-City (GIFT City) has allotted 8.4 million sq feet of built-up area to various companies to set up office there. A substantial portion of the first phase of the project has already been completed. The built-up area of phase-I is around 13 million sq ft.
Thaltej: Promising a bright future in Ahmedabad
Jan 09, 2014
AHMEDABAD: Since the last few years, Ahmedabad’s real estate market is growing at a very fast pace and new areas are being developed due to presence of good infrastructure projects and adequate basic facilities. Further, due to factors like urbanisation, Tier-II cities like Ahmedabad, have become major realty destination. The city is seeing numerous upcoming integrated township projects across the city and suburban areas. No wonder that these new projects have caught the fancy of the investors l
Builders mull legal action against ‘betterment charges’ by AMC
Dec 24, 2013
AHMEDABAD: Circulars recently shot off by the Ahmedabad Municipal Corporation (AMC) to developers asking them to pay “betterment charges” and even demanding land cuts have stirred a hornet’s nest. Ambitious residential and commercial real estatereal estate projects that were announced within the 200-metre buffer zone along the BRTS corridor-to ensure transit-oriented development – and for which FSI of up to four was proposed, have now come to a standstil
Sanand: More than a mere auto hub
Dec 10, 2013
AHMEDABAD: In the news for land acquisition issues in recent times, Sanand is a city and a municipality but above all, is an emerging property traction point in the automobile hub of Gujarat. Its emergence from a small village near Ahmedabad city, that was ruled by the Vaghelas, in to a property hotspot has a lot to do with the economic activity that was catalysed due to it being the automobile hub. It nevertheless carries a rich cultural legacy with the Palace which was built by the Vaghelas an
Faster approvals required for realty growth in Gujarat
Dec 05, 2013
AHMEDABAD: The real estatemarket in Gujarat has witnessed phenomenal growth over the last decade, with Ahmedabad and Vadodara turning into sought-after destinations. Nevertheless, there exists a mismatch between this performance and the realty sector’s potential. The general opinion in the market is that the realty sector’s performance in the state has only been modest, if not below par, owing to various challenges. Consequently, the sector’s true potential is yet to be unlocked.
AMC wants registration of builders
Dec 04, 2013
AHMEDABAD: Just like architects, engineers and structural designers have to be registered with the Ahmedabad Municipal Corporation (AMC), the civic body has demanded the same for real estate developers.
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
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
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.

Latest Realty News Of State

Realty Talk's