News articles tagged Ahmedabad

Ahmedabad’s Real Estate Market Slows as New Project Launches Decline: Key Factors Explained

Ahmedabad’s real estate market saw a 7.7% drop in new projects during FY 2023-24, driven by increased construction costs and a surge in urban redevelopment.

Ahmedabad Metro Expansion Drives Property Value Surge in Connected Areas

Ahmedabad’s metro expansion enhances connectivity, boosting property values and rental demand in well-connected localities like Motera, Vasna, and Thaltej areas.

Ahmedabad Property Rates Surge 1.96% in Early 2025: Key Growth Drivers

Ahmedabad's property prices saw a 1.96% YoY increase, reaching ₹6,136/sq.ft in January 2025. Luxury housing demand in SG Highway and Satellite, alongside commercial expansion in Ashram Road and Prahlad Nagar, are key factors behind the rise.

More than 1,500 acres of land that real estate developers have recently acquired through JDAs: a JLL report

JLL reports 56 Joint Development Agreements (JDAs) signed between landowners & developers in India, covering 1,546 acres, with 97% for residential projects, from Jan 2023 to Jun 2024.

Here’s why GIFT City in Gujarat has a strong real estate market given its policy on alcohol consumption.

GIFT City real estate prices surge 10-20% after Gujarat relaxes 60-year liquor ban. Increased demand, tax breaks, and improved infrastructure drive growth in residential and commercial sectors.

Property sales increase 9% year over year in Q12024, while office leasing increases 43%: report

India's Q1 2024: 9% rise in home sales, 43% surge in office leasing, driven by global capacity centers, with Mumbai leading residential growth.

The real estate fund of Motilal Oswal contributes. First close of Rs 1,250 crore.

Motilal Oswal Alternates announces the first close of its sixth real estate fund, IREF VI, targeting investments in mid-income/affordable residential projects across India’s top 8 cities.

Everything about the 2024 Gujarat Housing Scheme

The Gujarat Housing Board is introducing new housing projects aimed at various income groups to address the state's housing demands, with ongoing initiatives in Surat, Ahmedabad, and Vadodara.

In 2024, find out more about the Vande Bharat Express

The central government's Vande Bharat Express initiative continues to expand with the inauguration of nine new train services on September 20, 2023, increasing the total operational trains to 34. These semi-high-speed trains aim to enhance connectivity and convenience for travelers across the country.

India’s Top 8 Housing Markets See 22% Increase in Sales and Bumper Growth: Report.

India's top residential markets saw 22% sales growth and 17% new supply increase in Q3 2023, driven by positive sentiment, pent-up demand, and steady interest rates.

Lake View County Apartments for Rent

Lakeview County apartments offer a refreshing alternative to metro living, boasting serene environments, lower property taxes, and potential for passive income through rentals.

Why Ahmedabad realtors convert commercial projects into residential?

Due to the Covid-19 pandemic, approximately 25 commercial projects in Ahmedabad have been converted into residential housing schemes, driven by housing demand.

Gujarat government offers property tax waiver for restaurants, hotels, resorts & water parks for FY21-22

Gujarat govt. announced 100% property tax exemption for hotels, restaurants, resorts, and water parks for FY2021-22, alongside revoking flat electricity bills, offering substantial relief to the hospitality sector.

Guj-RERA fines Devnandan Builder, Shivalik Infraspace, other for violation

Gujarat RERA imposed fines on Devnandan Builders, Dwarkadas Pritamani, and Shivalik Infraspace for violating RERA rules. Violations included booking apartments without registration and accepting advance payments beyond the permitted limit.

Sales of Residential Property in top 8 eight cities lifts

Residential real estate markets in top eight Indian cities show improved sales and decreased unsold inventory, except for NCR which still struggles with a high volume of unsold units.

Riddhi Siddhi Group has purchased plot of Rs 268 crore in Ahmedabad

Riddhi Siddhi group purchases 69,000 sq ft land in Bopal for Rs 268 crore, marking one of the year's largest real estate deals. The land, previously owned by Inductotherm India, is situated in a prime area connecting SP Ring Road and Ghuma.

AMC plans 9,980 houses for weaker sections

Ahmedabad Municipal Corporation (AMC) plans to construct 9,980 residential apartments for the weaker sections of the city across 29 locations. 5092 are for EWS and 4887 for LIG.

Housing prices in 12 cities rise, 10 observed dip in Q2

Housing prices rose up to 6% in 12 Indian cities, while 10 cities saw a decline of up to 9% in Q2 FY24. Delhi-NCR experienced a 5% dip QoQ but a 7% YoY surge.

Maruti's Gujarat plant site magnets real estate developers

The local real estate market in Gujarat is gearing up to capitalize on Maruti Suzuki's planned plant, with builders acquiring land for residential and commercial development.

Ahmedabad: A new hub for relators in western India

Ahmedabad's developers are optimistic as the state government accelerates infrastructure projects, enhancing the city's real estate growth and attracting investment.

No new malls helps inferior mall vacancy to 15 pc

The report highlights the fluctuations in mall vacancy rates across various Indian cities, influenced by leasing activity and the supply of new retail spaces.

Ahmedabad Authority (U.D) Halts Conversion Of Agri. Land

Ahmedabad Urban Development Authority (AUDA) has frozen agricultural land conversion, affecting investors planning farmhouses. Only 5% conversion is allowed, impacting land sharks.

AUDA To Raise FSI; Ahmedabad To See Taller Buildings

Ahmedabad's Urban Development Authority (AUDA) is poised to unveil a new development plan on February 1st, boosting the floor space index (FSI) by up to 30% and facilitating taller buildings across 68 villages.

New Home Launches Fall By 16%: Cushman & Wakefield

Cushman & Wakefield reported a 16% decline in new home launches across India's top eight cities in 2012, with the majority of launches targeting the middle-income segment.

Mumbai Real Estate termed Investor-Unfriendly by CREDAI

CREDAI criticizes Maharashtra's policies as investor-unfriendly, prompting a shift towards Gujarat for real estate investment, driven by high costs and slow approvals in Mumbai.