Housing scheme for labourers to be launched on PPP basis in Gujarat, Real Estate News, ET RealEstate

GANDHINAGAR: Waking up to the need of housing for labourers, the state government on Wednesday announced that a scheme will be launched for providing housing to labourers near their factories. The announcement comes after an unprecedented migration of labourers to their home states soon after the lockdown was announced last year. Migration of workers had […]

Soon, rent affordable home from civic bodies in Gujarat, Real Estate News, ET RealEstate

AHMEDABAD: The state government is poised to start a new housing scheme in which affordable units belonging to the municipal corporations will be given on rent to occupants. The scheme is set to be launched in Ahmedabad city and district, Gandhinagar city and district and Vadodara city soon and necessary tenders have been issued. It […]

Home buyer drags NCPL Infracon over project delay, Real Estate News, ET RealEstate

AHMEDABAD: A Satellite resident, who fought a protracted legal battle with a builder at RERA after he was denied possession of the premises for well over a year, has written to the regulatory body to collect Rs 33 lakh as penalty from him. According to the buyer’s calculation, the penalty to be collected from the […]

Nine commercial properties in Vastrapur to be sealed, Real Estate News, ET RealEstate

Representative Image AHMEDABAD: The Gujarat high court on Tuesday ordered sealing of nine commercial establishments that have been illegally constructed in residential houses in Anand Vihar Apartments in Vastrapur area on the 132 Feet Ring Road. While stopping the demolition of nine commercial properties and instead ordering the authorities to seal them, a division bench […]

HC to hear appeal on plan to redevelop society in Keshav Baug, Real Estate News, ET RealEstate

AHMEDABAD: A group of residents has filed an appeal in the High Court to oppose a plan to redevelop an old housing society in Keshav Baug area. The HC will take up the matter in its next hearing on Monday next. One group of residents of 30-year-old Anand Vihar society built by the Gujarat Housing […]

Gokul Park Society residents & Abhinav Developers spar over building, Real Estate News, ET RealEstate

File photo AHMEDABAD: Residents of Gokul Park Society, an upscale residential cluster in Gulbai Tekra area, are protesting against a developer who has allegedly built a seven-storey building to set up a PG facility. Residents claim that the builder, Shrujal Patel of Abhinav Developers, has used land in the residential area to build the facility […]

Gujarat second in PMAY-Urban funds availed, Real Estate News, ET RealEstate

AHMEDABAD: Gujarat has emerged as a prominent beneficiary under the Centre’s Pradhan Mantri Awas Yojana (Urban) as the state has received the second-highest central assistance after Uttar Pradesh. Out of the total Rs 13,899 crore sanctioned, central assistance worth Rs 9,717 crore has been released to Gujarat under PAMY (U) as on January 25, 2021, […]

Home loan disbursals rose to Rs 5,283 crore in Q2 2020, Real Estate News, ET RealEstate

AHMEDABAD: In what could imply an increase in house sales, disbursement of fresh housing loans across Gujarat rose by 46% to Rs Rs 5,283 crore for the quarter ended September 2020 from Rs 3,620 crore in the same period last fiscal, shows data released by the State Level Bankers’ Committee (SLBC). Compared to the preceding […]

Your ‘affordable’ dream home just got 20% costlier, Real Estate News, ET RealEstate

AHMEDABAD: Home buyers will now have to shell out around 20% more to own their ‘affordable’ dream pad. A surge in prices of steel, cement and other raw materials has raised the construction cost of affordable housing projects in Ahmedabad by around 30 per cent. This means that the additional cost will be passed on […]

Work-from-home invites commercial property tax!, Real Estate News, ET RealEstate

AHMEDABAD: At a time when a large number of offices has switched to work from home (WFH) mode to tide over the Covid-19 pandemic, it has proved costly for a local ceramic trader. The Ahmedabad Municipal Corporation has imposed commercial property tax on the trader for ‘commercial use’ of his residence after the officers found […]

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