Latest Realty News

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.
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.
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.
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.
‘Landed’ Ahmedabad is squatting on its treasure
Feb 11, 2014
AHMEDABAD: About 47% of public land worth nearly Rs 50,000 crore in Ahmedabad is fit to be sold by the government, says a paper by the World Bank. Out of 3,102 hectares of public land, the state can market 1,699 hectares and use the finances to fund urban infrastructure, the paper recommends. It implies per capita availability of fiscal resources amounting from Rs 36,000 to Rs 97,000 by marketing this public land.
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
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.

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