House/Villa for Rent in SG Highway Ahmedabad

Data show property markets of Ahmedabad saw lacklustre activity in October. New launches fell, sales declined and property prices remained rangebound during the month.

Since major hurdles are clear, the Haryana Shahari Vikas Pradhikaran (HSVP) would now complete the mutation process of an 18-km land stretch in favour of the Gurugram Metropolitan Development Authority (GMDA). The GMDA would also transfer a 90-metre stretch to the NHAI for construction of the elevated stretch.

The Delhi Development Authority has approved a proposal for the construction of a flyover between Apsara Border and Ghazipur intersection on the National Highway-24. To be constructed by Delhi’s Public Works Department, the two-km corridor will help decongest some of the key areas of east Delhi.

The Indian government, under ‘Act East’ Policy, is developing infrastructure projects in the North Eastern Region (NER) to boost connectivity. It will develop road networks spanning 5,200 kilometres in the North East Region along with National Highway projects and undertake upgradation under the Bharatmala Pariyojana and invest Rs 48,000 crore for building 15 new rail line projects across the state capitals.

At a time when real estate developers in the city were pinning their hopes on the festive season to revive sales, the Gurgaon administration has proposed to raise circle rates by up to 25 per cent. This could be this year’s third rate hike; rates were earlier hiked in February and April, each time by up to 15 per cent. The revised rates will come into effect on October 19.