Parsvnath Developers launched its first integrated commercial mall in Jamnagar, Gujarat, costing Rs 120 crore. The project spans 13,200 sq m and is expected to generate Rs 120 crore over three years.
The proposed Jantri rate hike of up to 300% in Gujarat has drawn widespread condemnation, as critics warn it will burden homebuyers and disrupt construction activities.
Ahmedabad's real estate market is booming, with property prices doubling in two years, attracting investors like NRIs. Increased demand due to new companies and town planning has fueled this rapid growth.