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Gift City Engaging 2 & 3 BHK Apts. options

gift city
Jun 18, 2017
From the standpoint of the government functioning, at present, the developers have to take more than 40 different types of sanctions before the start of the project, which increases the overall cost of the projects and results in delays. Thus, developers wish to have a 'single window' project approval to avoid delays in of the project. Also, inconsistencies in measurement practices have led to ambiguity in property transactions. Stipulation of the 'carpet area' as the only measurement unit, will limit fraudulent practices.
Many of the wishes of the business community and the real-estate developers in the state are not new but the visible change lies in the newfound optimism. Some of them who had resigned to the fate of a slow moving economy and slow approvals are suddenly bullish in the market yet again. If only these early indications are translated into realistic roll out, there is no doubt that Gujarat real-estate market will be among the first in the country to see a revival in the true sense of the term. Gujarat is coming with its first smart city named Gujarat International Finance Tech-City (GIFT city).

Cities such as Ahmedabad and Vadodara are now gearing up to match with the more glorified metropolis for the big ticket investment. What makes this confidence even more interesting is the fact that even some of the leading developers from the Mumbai market are launching projects in the state. So, it is not that the higher business confidence index of Gujarat property market is not well founded; rather it seems that Gujarat's defining moment has come and the developers are only reflecting that in their positive outlook.
A host of real-estate developers, including the such as s of Mumbai's Hiranandani, Bangalore's Brigade Group and Pune's BU Bhandari Landmarks will be propelling in Rs 4500 crore of investments in initialising residential and commercial complexes within the Gujarat International Finance Tech-City (GIFT) project which is being created as the country's first smart city near Gandhinagar in Gujarat. The real-estate players will mutually be investing about Rs 4500 crore in developing residential and commercial complexes within GIFT, said RK Jha, director of Gujarat International Finance Tec-City Company Ltd, that is a shared venture between state-run Gujarat Urban Development Company Ltd (GUDCL) and a private firm Infrastructure Leasing & Financial Services Ltd (IL&FS). This is the biggest influx of real-estate developers to be attracted to the GIFT project so far.
The GIFT authorities have already finished allotments to Pune-based BU Bandari Landmarks for budding 1.8 lakh square feet of residential area which will initially develop 350 apartments. Another housing developer who has been provided land for development is Sangath Group who will be initially developing one lakh sq ft of housing structures. Sangath Group is Ahmedabad-based developer.
A host of real-estate developers, including the such as s of Mumbai's Hiranandani, Bangalore's Brigade Group and Pune's BU Bhandari Landmarks will be propelling in Rs 4500 crore of investments in initialising residential and commercial complexes within the Gujarat International Finance Tech-City (GIFT) project which is being created as the country's first smart city near Gandhinagar in Gujarat. The real-estate players will mutually be investing about Rs 4500 crore in developing residential and commercial complexes within GIFT, said RK Jha, director of Gujarat International Finance Tec-City Company Ltd, that is a shared venture between state-run Gujarat Urban Development Company Ltd (GUDCL) and a private firm Infrastructure Leasing & Financial Services Ltd (IL&FS). This is the biggest influx of real-estate developers to be attracted to the GIFT project so far.
The GIFT authorities have already finished allotments to Pune-based BU Bandari Landmarks for budding 1.8 lakh square feet of residential area which will initially develop 350 apartments. Another housing developer who has been provided land for development is Sangath Group who will be initially developing one lakh sq ft of housing structures. Sangath Group is Ahmedabad-based developer.
About the Author
Property Mart is Leading Real estate Consultant in Bangalore Gift City, Gift City Ahmedabad from past couple of years offering to Book Prestige New Projects in Bangalore. For Booking Call us on: @ +08971315026 and Visit Out official site http://giftcityahmedabad.in
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