Realty prices up by 50% on A'bad's Iskcon-Bopal stretch

20 May 2013 CW Team

In Ahmedabad, residential zone-II (R-II) along BRTS and proposed Metro route is resulting in appreciation in land prices. After the skyrocketing rates it witnessed in the last couple of years, realty sector in Ahmedabad has not seen much movement for about a year now. However, the announcement of high density corridor along the BRTS route and proposed Metro corridor in the new development plan (DP) by Ahmedabad Urban Development Authority (Auda) has infused some life into the realty market at least in residential zone-II (R-II).

Land prices in R-II zone on the stretch from Iskcon Circle to Bopal have appreciated by 65 per cent, reveal nearly half a dozen realty deals that took place recently. In the new DP for Ahmedabad, the development authority has provided more construction area by raising the floor space index (FSI) limit from 1.2 to 4.

This means that a developer can build a 40,000-square metre area on a 10,000 sq m plot now. Real estate projects have become more viable along the corridor because of higher FSI, said Neeraj Tomar, head of Ahmedabad operations at Jones Lang LaSalle.

Infrastructure Transport

30 Jun 2025

India鈥檚 Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India鈥檚 roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Real Estate

30 Jun 2025

Built to Last, Designed to Impress

The construction and interior design industries stand at the confluence of functionality and aesthetics, where innovation powers the creation of enduring structures and inspiring spaces. At the heart of this process are materials and solutions that enable architects, designers, and builders to realise their visions with precision and reliability.Featuring iconic brands such as Fevicol鈥攕ynonymous with adhesive solutions鈥擠r. Fixit, a complete waterproofing system renowned for addressing every critical area of construction, and Roff, a specialist in tile-fixing solutions, Pidilite has earned ..

Infrastructure Energy

30 Jun 2025

New Push to Cut India鈥檚 Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..