News articles tagged Gujarat

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.

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.

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.

Realty Investment In UP Increases, ASSOCHAM

Real estate investment in Uttar Pradesh surged 106% between 2008-09 and 2012-13, attracting Rs. 14,000 crore and ranking sixth nationally, according to ASSOCHAM.

Surabhi Chemicals Buys Land In Nagpur To Enter Realty

Surabhi Chemicals, recently acquired by Mahadhan Vincom, is venturing into real estate with projects planned in Nagpur, Surat, and Vadodara. The company intends to invest Rs. 30 crore, focusing on western India.

Realty Investment in the Last Fiscal, Gujarat Tops

Gujarat led realty investments in the last fiscal year, capturing 41% of total investments, despite a nationwide decline. The state's growth surged by 700%.

McDonald's to invest Rs.265 Cr for expansion

McDonald's India plans to invest ₹265 crore to expand its presence in South and West India, aiming to reach 250 stores by March 2015.

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.

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.

Gujarat Buyers Linning up Eagerly to Take 5-6 BHK Flats.

Ahmedabad's Luxury Market Thrives as Joint Families Opt for 5-6 BHK Flats

Income Tax Department Procured Real Estate worth Rs 2,500 crore in a Fiscal

The Income Tax Department has significantly expanded its real estate holdings, acquiring properties worth ₹2,500 crore across over 20 cities to enhance taxpayer services.

Truth Behind Declining Realty

The real estate sector expresses concern over the newly imposed service tax on housing, urging the finance minister for reconsideration and better urban housing policies.

Shivalik Group Announces Emerging Business In Real Estate Projects

Shivalik Group, a leading real estate firm in Gujarat, aims for global expansion while maintaining strict quality in its projects and relationships.

Jaypee Group merges arms with Jaiprakash Associates

Jaypee Group merges subsidiaries with Jaiprakash Associates, enhancing economies of scale and synergy.

3 Day Property Show At World Gujarati Conference

Gujarat realtors hope to generate ₹1,000 crore from NRI investments by March 2009 through the recent property show at the WGC. Despite market slowdowns, the focus remains on promoting Gujarat as a prime investment destination with high appreciation potential.