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 [...]
Continue reading...5. March 2010
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 [...]
Continue reading...23. February 2010
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 [...]
Continue reading...23. February 2010
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 [...]
Continue reading...19. February 2010
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 [...]
Continue reading...17. February 2010
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 [...]
Continue reading...11. February 2010
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 [...]
Continue reading...5. February 2010
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 [...]
Continue reading...3. February 2010
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 [...]
Continue reading...23. January 2010
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 [...]
Continue reading...18. January 2010
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 [...]
Continue reading...9. January 2010
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. [...]
Continue reading...14. December 2009
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 [...]
Continue reading...6. December 2009
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 [...]
Continue reading...27. November 2009
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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8. March 2010
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