Rajkot's real estate market is rapidly growing in Gujarat, with consistent property value appreciation. Demand for 2 BHK units and luxury homes is on the rise.
Ahmedabad Urban Development Authority (AUDA) has frozen agricultural land conversion, affecting investors planning farmhouses. Only 5% conversion is allowed, impacting land sharks.
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.
DAMAC Properties expands its reach in India by appointing local agents in Gujarat to market international properties to Indian buyers and explore investment options in major Indian cities.