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December 03, 2007

Cinemax launches Cinemax Gandhinagar | INRnews

Gandhinagar, India, December 03, 2007 - Cinemax, the leading multiplex chain in India, celebrated this festive season with great pomp and style as it launched a four screen multiplex at Gandhinagar on 1 December, 07. The luxurious property opened its plush and high tech interiors with the biggest releases of the year "Aaja Nachale", "Om Shanti Om" and "Goal". The celebration and excitement went up a level higher, as none other than the Bollywood hunk – John Abraham inaugurated the new property to set the multiplex functioning!

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October 29, 2007

Ganesh Housing acquires land in Memnagar, Ahmedabad | INRnews

Ahmedabad, October 29, 2007 - Ganesh Housing Corporation Ltd has announced that the Company has acquired land admeasuring 35000 sq.ft. in a posh area near Vijay Cross Roads, Memnagar, Ahmedabad.

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September 03, 2007

Ganesh Housing plans two more townships in Ahmedabad | INRnews

Ahmedabad, India, September 03, 2007 - Ganesh Housing Corporation Ltd has announced that the Company is planning to set up two more townships viz. at Village Ognaj, Sardar Patel Ring Road, Ahmedabad and at Village Adalaj, Near S G Road, Ahmedabad. These two townships will be spread over an approx. area of 185 acres and 100 acres respectively.

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August 14, 2007

Reliance Retail launches hypermarket in Ahmedabad | INRnews

Ahmedabad, India, August 14, 2007 - Reliance Retail Ltd. launched it’s much awaited format and India’s largest hypermarket under the brand name “RelianceMart” at Iskon Mall, SG Highway, Ahmedabad today. After the successful launch of the supermarket format “Reliance Fresh” and the consumer electronics concept mega store “Reliance Digital”, the hypermarket is the third retail format launched by Reliance Retail.

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July 26, 2007

DLF to develop its first IT SEZ in Gandhinagar, Gujarat | INRnews

Gandhinagar, India, July 26, 2007 | DLF Ltd., India’s largest real estate developer, today, announced the launch of its first IT SEZ at Gandhinagar in Gujarat. DLF is developing state of the art, world-class facilities in Gandhinagar covering an area of 25 acres of land and offers 2.5 million sq ft of developed workspace, with an estimated investment of Rs. 850 crores, the IT SEZ project will be developed over two phases.

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July 19, 2007

Parsvnath now offers Shopping Mall Cum Multiplex in Vastrapur in Ahmedabad | INRnews

Ahmedabad, India, July 19, 2007 - Parsvnath Developers Ltd has announced that on July 19, 2007, the Company has launched Parsvnath City Centre, first of its kind luxury Mall cum multiplex, at Vastrapur, Ahmedabad at an approximate cost of Rs 50 crores.

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April 12, 2007

Ahmedabad Municipal Corporation to tag property tax with education cess | INRnews

Ahmedabad, India, April 12, 2007 - The Ahmedabad Municipal Corporation (AMC) is to levy an education cess on the property tax resulting in an increase of 5%-15% on tax on residential properties and 10% to 30% on tax on commercial properties.

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April 09, 2007

Tourism Corp of Gujarat to sell hotel properties | INRnews

Gandhinagar, India, April 09: The Tourism Corporation of Gujarat Limited (TCGL) is to sell six hotel properties and nine parcels of land as part of a government initiated restructuring. TCGL has already advertised the properties for sale and expects to realize Rs. 50 crore from the sale.

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March 16, 2007

Parsvnath launches Rs 250 crore 5-Star Hotel, Multiplex and Mall in Ahmedabad | INRnews

Ahmedabad, India, March 16, 2007 - Parsvnath Developers Ltd has announced the launch of its 5- star hotel and Multiplex-cum-Commercial Mall project in Vejalpur, Ahmedabad on March 16, 2007. This marks the opening of bookings for commercial space in the coveted upcoming property.

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March 11, 2007

Ahmedabad Municipal Corporation to sell 34 hectares of riverfront property | INRnews

Ahmedabad, India, March 11, 2007 - The Ahmedabad Municipal Corporation (AMC) plans to sell 34 hectares of land on the Sabarmati riverfront for real estate development.

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February 23, 2007

Parsvnath Developers to build hotel and commercial complex in Ahmedabad | INRnews

New Delhi, India, February 23, 2007 - Parsvnath Developers Ltd has announced that on February 23, 2007 has conducted the earth breaking ceremony (bhoomi poojan) of its five star hotel and commercial mall project in Vejalpur in Ahmedabad. The Rs 250 crore project will be a land mark complex in the city. The complex is expected to be completed and operational in two and half years.

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February 20, 2007

Real estate developer Parsvnath signs MoU with Gujarat Government for Rs 1600 crore projects | INRnews

Ahmedabad, India, February 20, 2007 - Indian real estate developer Parsvnath Developers Ltd has announced that the Company has signed a MoU with the Government of Gujarat for developing various projects at an investment of Rs 1600 crores over a period of 2-3 years. The Company will develop townships, group housing, commercial complexes, IT Parks amongst others at Ahmedabad, Bhavnagar, Rajkot, Vadodara, Surat, Jamnagar and other districts of Gujarat.

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January 25, 2007

Developers eye township projects in Gujarat | INRnews

Ahmedabad, January 25, 2007 - A host of MoUs are expected to be signed by leading real estate developers at the Vibrant Gujarat Urban Summit beginning on Feb 15.

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December 21, 2006

Govt approves new international airport terminal for Ahmedabad | INRnews

New Delhi, December 21, 2006 - The Government today has approved the construction of a New International Terminal Building along with city and air side development at a Ahmedabad Airport at an estimated cost of Rs. 290.92 crore (Phase I: Rs. 195.92 crore and Phase II Rs. 95.00 crore). The total project cost of Rs. 290.92 crore includes Foreign Exchange in INR Rs. 27.35 crore in Phase I at 2005-06 prices, which would work out to Rs. 313.22 crore after considering inflation.

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November 27, 2006

Ahmedabad - Gandhinagar road sees real estate development interest | INRnews

Ahmedabad, November 27, 2006 : The road connecting Ahmedabad airport to Gandhinagar is seeing strong interest from developers, attracted by its proximity to two key cities and excellent connectivity. IT facilities and hotels as well as educational/research institutions are being planned for this stretch.

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November 15, 2006

India's retail revolution begins | INRnews

Hyderabad, November 15, 2006 - If India's much anticipated retail revolution has a start date, it could well be the first week of November 2006. On November 3, in a classic RIL move marked by scale and ambition, Reliance Retail launched 11 Reliance Fresh retail outlets simultaneously in the southern Indian city of Hyderabad, firing the first salvo in what will be a keenly contested battle to win a huge prize - nothing less than the wallets of Indian consumers!

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October 24, 2006

Aryaman - exclusive bungalows in Ahmedabad | INRnews Project Feature

Ahmedabad, October 24, 2006: Saumya Constructions, a leading real estate developer in Ahmedabad has launched "Aryaman", a project comprising of 140 exclusive bungalows in 25-acres of land in Shilaj, Ahmedabad. Located within 7 minutes driving distance from SG road, the property is still secluded enough to be away from heavy traffic.

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October 15, 2006

Ahmedabad - Mumbai in five hours by road | INRNews

Ahmedabad, October 15, 2006 : If everything goes well with the Union Government plan, within three years one will be able to reach Mumbai from Ahmedabad within five hours by road. This was indicated by Minister of State for Shipping Road Transport and Highways, K.H. Muniyappa.

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October 11, 2006

State government puts a brake on collection of property tax in new city areas | INRnews

Ahmedabad, October 11, 2006: The Gujarat state government has asked the Ahmedabad Municipal Corporation not to go ahead with the collection of Property Tax in the areas that have been recently included into the city. This follows protests from people who claim that the Tax leived by the AMC was much higher than what they used to pay earlier.

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October 02, 2006

New western zone in Ahmedabad soon | INRNews

Ahmedabad, October 02, 2006: Gujarat Chief Minister Narendra Modi has announced that a new western zone would be created after the merger of new areas with the Ahmedabad Municipal Corporation. The new zonal office would be located at the old Bodakdev nagarpalika office.

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September 29, 2006

13,000 houses for urban poor in Ahmedabad and Surat | INRnews

Ahmedabad, September 29, 2006: The Centre has approved a project to build over 13,000 houses in Ahmedabad and Surat for the urban poor. The project will be undertaken by the Ahmedabad Urban Development Authority (AUDA) under the Central Government’s Jawaharlal Nehru Urban Renewal Mission (JNURM).

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Ahmedabad to have India’s tallest hotel

Ahmedabad, September 29, 2006: Shree Raj Tours & Travels is looking to set-up a 42-storey hotel in Ahmedabad and aims for this to be India's tallest hotel. The investment required for this project is Rs.350 crore.

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September 22, 2006

Subhiksha discount stores enter the Gujarat market | INRnews

Ahmedabad, September 22, 2006 : India’s largest discount major has formally entered the Gujarat retail market with its plans to set up 80 stores in the state. Under the expansion plan the Chennai based company will open 80 stores in Gujarat in six months at a cost of Rs. 40 crore.

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September 07, 2006

Kalani Group to set up malls in Gujarat and Madhya Pradesh

The Kalani Group is to set up a shopping mall & multiplex on 3.5 lakh sq.ft. of land in Vadodara as part of it's overall retail development plans. The retail development is coming up near the Sayaji Rao University at a cost of Rs. 58 crore.

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September 05, 2006

Best cities? Surat is No1, Ahmedabad 6th | INRnews

Ahmedabad, September 05, 2006 : Bad roads, floods, epidemics? Amdavadis can stop complaining about all these for ‘aapnu Amdavad’ is among the top 10 cities to reside, invest and earn, according to a study ‘The city skyline of India 2006’ conducted by Indicus Analytics.

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September 01, 2006

Calica group, Pune firm to start IT parks in Gujarat | INRnews

Ahmedabad, September 01, 2006 : One more local developer is all set to join the IT park bandwagon. Calica Buildcon group plans to set up its facility near Sarkhej-Gandhinagar highway under the brand name Third Eye. The group has approached the state government for acquiring SEZ status for the same.

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August 25, 2006

Busiest highway in India to turn into modern, 6-lane motorway

National Highway No.8, connecting Vadodara and Surat is to become a 6-lane highway, in a project starting January 2007. The stretch famous as much for its potholes as for its dense traffic, will mark its rebirth with close circuit TV cameras, emergency communication systems, weather stations and rest areas. The new highway covering a distance of 148 kms will be complete in 30 months.

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August 06, 2006

eInfochips to grow in Ahmedabad and Pune

Corporate campuses are planned at Ahmedabad and Pune by eInfochips, the electronic design company, in a major growth move, probably in the proposed SEZ for IT and at Pune . The company has earmarked $10 million in investments over the next 4 years.

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July 31, 2006

Pharmaceutical and Engineering SEZs to come up near Ahmedabad

Dishman Pharma plans to develop two special economic zones (SEZ) at Sanand near Ahmedabad.  One SEZ will be dedicated to the pharmaceutical sector and the company already anticipates European and US companies to set up units there. An engineering SEZ is also planned adjacent to the pharma SEZ. The company has already acquired 600 acres of land for the SEZ initiatives.

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July 26, 2006

IIT-Bombay to set up satellite campus in Gujarat

The Indian Institute of Technology Bombay (IIT-Bombay) plans to set up a satellite campus in Gujarat and has asked for 300 acres of land for this purpose. The State Government is identifying suitable locations in Ahmedabad or Gandhinagar. In addition to land being provided by the State Government, the Central Government is expected to fund construction costs.

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