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Unique Designer Gardens, Parks Planned Along Sabarmati Riverfront

8. March 2010

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Get ready to walk on some outof-the-world green spaces along the banks of Sabarmati. The mega Sabarmati riverfront project will now have urban green spaces with a difference. Sabarmati River Front Development Corporation Limited (SRFDCL) has roped in a panel of designers specifically entrusted to come up with innovative designs for envisaged parks and gardens along [...]

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Gujarat’s first IT SEZ clicks as Kendle logs on to Mindspace

5. March 2010

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IBM team explores SEZ for 5,000 employees unit Gujarat’s first special economic zone for IT/ITES services is all set to kick start next month. US based Kendle group, a leading global clinical research organization (CRO) with about $ 415 million net revenues in 2009, has firmed up its plans to check into Mindspace, a Rs 1200 [...]

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Basic infrastructure at Sabarmati riverfront to be ready in 3 months

23. February 2010

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Ahmedabad: Within three months, the basic infrastructure for Sabarmati riverfront will be completed. At present, Sabarmati Riverfront Development Corporation Limited (SRFDCL) authorities are facing a major challenge of slum relocation in the project. A senior SRFDCL official said, “Most of the construction work involving laying pipelines and retaining wall has been delayed due to slums on [...]

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Lower land costs, transparency lure city realtors to Gujarat

23. February 2010

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The stagnating real estate market in Mumbai is forc- ing many city-based developers to set sights on the neighbour- ing state of Gujarat. Developers such as Godrej Properties, Ackruti City, Ravi Group, K Raheja Group, Sahara Housing, Ajmera and Acme Group are have a number of projects com- ing up in Gujarat. Two factors aiding this [...]

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Govt identifies land for DFC near Vadodara, Anand

19. February 2010

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The 2016 deadline for the completion of the first phase of the dedicated freight corridor between Rewari and Vadodara has agencies involved in the project for land acquisition, on their toes. The Dedicated Freight Corridor Corporation of India Limited (DFCCIL) had categorically mentioned in its 2009 annual report that a delay in acquisition of [...]

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Commercial Realty Ahmedabad Experiencing Supply Surge

17. February 2010

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Ahmedabad’s commercial realty will experience a supply-surge of 3.6 mn sq ft in 2009-11 against the estimated demand of 2.5 mn sq ft; the oversupply will stabilise commercial realty’s outright values at current levels in 2010. This is a key forecast of the 2010 realty report issued by the Credit Rating and Information Services of [...]

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Burj designers will sketch Godrej’s Gujarat township

11. February 2010

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The hands that designed the world’s tallest building, Burj Khalifa, will now be sketching homes for the Indian customer. None other than Skidmore Owings & Merrill (SOM), one of the world’s largest architectural and engineering firms, has been roped in by Godrej Properties for the Rs 5,000-crore project in Gujarat. Now, the Chicago-based architects and engineers will [...]

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No hike in property tax, AMC budget up by Rs 400 crore

5. February 2010

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Ahmedabad: The ruling Bhartiya Janata Party (BJP) at Ahmedabad Municipal Corporation (AMC) budget turned down the property tax hike proposed by municipal commissioner on Thursday. However, for those who paying taxes regularly, AMC offered a 10 per cent rebate on tax bill. Standing committee, chairperson, Asit Vora said, “It is to encourage regular tax payers in [...]

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BUYING A FLAT? Take measure tape along Actual space in your flat may be half of that promised

3. February 2010

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Ahmedabad: Today, if you venture out to buy a flat in the vicinity of city, make sure you go with a measuring tape to verify the claims of the builder on the actual liveable space available to you. The builder might be giving you just 45 per cent to 50 per cent of the promised [...]

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Gujarat Come Up as the Best Domestic Investment Destination of 2009: ASSOCHAM

23. January 2010

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The domestic investment announcements of India Inc. registered a growth of 16 per cent during the calendar year 2009 over 2008 with Gujarat garnering a lion’s share followed by Orissa and Andhra Pradesh in domestic investment plans during the period of January-December 2009. Gujarat witnessed Rs. 2,45,352 crore worth of investment plans. Helped by the [...]

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GIFT City kicks off Rs 150-Cr Barrage To Give It Ritzy Riverfront

18. January 2010

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Ahmedabad: Gujarat’s biggest realty blitz is finally taking shape in the Koba-Raisan stretch of Gandhinagar with work on the Gujarat International Finance Tech (GIFT) City project spread over more than 500 acres kicking off quietly at Shahpur village. Just besides GIFT City, the irrigation department is giving touches to a tender worth more than Rs 150 [...]

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Gujarat Builders Eyeing Real Estate Property in Dubai

9. January 2010

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Around 100 Gujarat builders will bid for over 150 properties in Dubai at an auction to be held at the ballroom of the world’ tallest building, Burj Khalifa. A delegation of Confederation of Real Estate Developers of India (CREDAI), Gujarat chapter, is going to Dubai to attend the national convention of CREDAI on January 23. [...]

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Tampering with state property records child’s play

14. December 2009

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Here is a news that should set alarm bells ringing for all. If the property you own is still in your name, you have all the reasons to thank your stars. As the state revenue department has left the digitized land and property records most vulnerable to any kind of tampering. One can gauge the situation [...]

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Godrej to build India’s first green township in city

6. December 2009

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Godrej Properties Limited (GPL), a real-estate arm of conglomerate Godrej Group, will launch India’s largest and first green township project in January. The eco-friendly project is coming up near Nirma University on Sarkhej-Gandhinagar road. Adi Godrej, chairman Godrej Group, said that GPL has inked MOU with Clinton Climate Initiative (CCI) programme for the Ahmedabad township project [...]

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Gujarat, Rlys to jointly build Ahmedabad-Gandhi nagar metro

27. November 2009

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The city could be getting closer to its dream of riding a metro train after the Gujarat government agreed to bear 50 per cent of the project cost on lines of the Chennai metro project model. The wholly-elevated metro rail project is expected to cost Rs 7,000 crore. The state government has recently set up a [...]

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