Launch of world's largest diamond trading hub drives 15-20% spike in luxury property values in Surat, Gujarat's upscale areas like Vesu and Dumas Road
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.
Gujarat received 56,000 applications to convert agricultural land for non-agricultural use in 2019-2020, generating over Rs. 2,000 crore in revenue.
Gujarat's state government will launch a comprehensive new housing policy aimed at urban areas, including slum rehabilitation and affordable housing development within a month.
Akruti City identifies new growth spots in bus terminals and warehouses, formalizing JVs with the Gujarat government and NCDEX.