Vadodara’s Rising Real Estate Industry

Vadodara’s rising real estate industry

Vadodara’s real estate market is booming at a fast pace and many new areas have been developed due to the presence of good infrastructure projects and adequate facilities. The city is welcoming many new upcoming integrated projects. No wonder these exciting and enterprising projects have caught the investor’s eye like never before! When it comes to real estate, investors have seen unprecedented and huge returns in the last few years. The office and commercial property areas like Race Course Road, Old Padra Road, Sayajigunj and Alkapuri have seen a whopping price increase in the last few years. Along with commercial…

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The Role Of Industrial Parks In Economic Development Of Gujarat

The role of industrial parks in economic development of Gujarat

How industrial parks contribute to the country’s economic development? Industrial parks provide an institutional framework, modern services in administration, financial consultancy, training, technical guidance, information services, shared facilities, research and own infrastructure designed to meet the needs of companies they gather by providing them with modern services for the business development. A concentration of a variety of activities and services to support the industry can greatly influence investors' decision to switch to such a region. Successful industrial parks can, therefore, become centres of growth and innovation, supporting local development and contributing to the development of the national economy. The development…

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Indiabulls Exits Real Estate Market

Indiabulls exits real estate market

Indiabulls group has announced its intent to merge with Lakshmi Vilas Bank, a Tamil Nadu based private bank which is the fourth largest housing finance company in India. Indiabulls was incorporated in 2006 with the primary aim to focus on construction and development of residential, commercial and special economic zones in various metros. Why it plans to exit? Over the last 1 year, the company was streamlining its real estate by exiting residential projects in Chennai. It was experiencing a prolonged slump in the real estate sector. Over the years, its real estate business has dropped to less than 20%…

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