Real Estate / Builders
Ahmedabad: Construction in full swing at ‘Sahara City Homes’
The construction at ‘Sahara City Homes’ Ahmedabad, the flagship project of Sahara Prime City Limited, the real estate company of Sahara India Pariwar is in full swing. The township has obtained approvals from government authorities for construction of residential units. Development work is underway with the construction of Quality Control Lab, Main Gate, model house [...]
Nano drives up land prices in Sanand, Ahmedabad
The much talked about Nano project has found a new home in Gujarat, driving the land prices there to an all time high with a 200 per cent hike in just one fortnight.
Father of newborn twin daughters, Shrenik Shah, a businessman, has lost lakhs of rupees in the last few months on the stock market [...]
Mum-bhais chasing defaulting A’bad realtors
When the going gets tough, the tough get going. But in Ahmedabad, some big-shot realtors, who till recently ruled the roost, are scampering for cover.
For hot in pursuit are Mumbai’s underworld dons, apparently hired by Mumbai-based moneylenders to recover money they had lent to ambitious Amdavadi realtors. According to sources, the global financial meltdown [...]
Will Nano drive affordable homes into Ahmedabad
It’s not just the car mart that Ratan Tata’s ‘Lakhtakia’ car is set to revolutionise. For mega city Ahmedabad, it could well drive in a Nano effect in realty that’s been languishing for want of takers due to exorbitant pricing.
After all, just like there is a huge demand for a cheap car, there is [...]
Nano to open doors for realty corridor
At a time when the property markets in the country are witnessing downswing, Tatas’ decision to park Nano at Sanand will not just boost land prices in and around Ahmedabad by almost 25%, it will also create a brand new “realty” corridor between Sanand and Ahmedabad, global, experts say.
Global real estate consultant Jones Lang [...]
Gujarat property market
With Gujarat’s realty market showing signs of a slowdown, the Gujarat Institute of Housing and Estate Developers (GIHED) has its fingers crossed that the just concluded 3-day property show at World Gujarati Conference (WGC) will help keep the market afloat by raking in NRI business of around Rs 1,000 crore by March 2009.
The 50-odd Gujarat-based [...]
Realtors bet on corporate parks in Ahmedabad
After realtor Vyomesh Patel acquired a 5000-sq yd plot of land in the R2 zone between SG Highway and SP Ring Road, he was on the horns of a dilemma.
Neither was the plot big enough for a mall, nor was a residential project viable on the small plot. That’s when he hit upon the idea [...]
Residential realty shatters Rs 4k/sq ft ceiling
If you thought office space at Rs 4000 per sq ft in Ahmedabad was pricey, wait till you hear this. Now, prices of residential realty have hit the Rs 4000 per sq ft barrier.At least in certain high-end offerings in upmarket areas of Ahmedabad like Prahladnagar and Bodakdev where some developers are thinking nothing of [...]
Ahmedabad property prices rising
Three years ago, when pharma executive Prakash Rao moved from Pune, he was thrilled to discover that he was able to fulfil his dream of buying an affordable home in Aapnu Amdavad.
Brand new three-bedroom apartments of around 1500 sq ft were going for around Rs 15 lakh in upmarket areas like Satellite and two-bedroom ones [...]
Malls in Ahmedabad ready for makeover
Among the lot is NG Realty Pvt Ltd, an Ahmedabad-based company, who is looking to revamp its Gallops Mall located on the SG Highway. Started in 2006, the Gallops Mall is the first centrally air-conditioned mall in Gujarat. If the buzz in the market is to be believed, the mall is expected to be revamped [...]