Gujarat realty wired to the future
Hindva International real-estate projects are spread across Surat, Ahmedabad & Mumbai. Keyur Kheni (CEO), Hindva International comments on the realty developments happening in the state of Gujarat.
Gujarat’s various cities such as Surat, Ahmedabad, Baroda, Rajkot, Jamnagar etc. are growing in multi sectors in terms of businesses, industries and real-estate The state’s laws & authorities have been positive for the real-estate industry and therefore there has been a sustained growth since 2001. As a matter of fact, Gujarat’s real-estate development has created its own identity. Once the General Development Control Regulations (GDCR) comes in force, we would know the new direction, challenges and potential of the Gujarat realty.
Today, the customers are informative and knowledgeable of trends; they study the market before investing in property. This is good for the developers as it enables them to deliver better product. That is why implementation of RERA will be beneficial for all the stakeholders of the realty sector.
Moreover, with the opening of FDI and REIT, people from any corner of the world can now think of investing in the state. Apart from Gandhinagar the inclusion of six more cities of Gujarat -Ahmedabad, Surat, Vadodara, Rajkot, Bhavnagar, Junagadh and Dholera in Smart city mission will boost the real-estate growth in all segments, residential, commercial, industrial and retail. The cities will have upgraded infrastructure fitted with technological support to enhance the citizen’s lifestyle. All these developments bode well for the state and nation at large.
Some of Company’s major projects in the state include Digili, a residential township in Surat of 1 & 2 BHK smart homes, across 50,000 sq. Yards, The World which is Surat’s first well planned luxury hotel based service apartments and Hindva Dreams, a Multi-industrial Park in Surat enabled with eco-friendly infrastructure and facilities for all industries such as Textile, Automobile, Engineering, Plastic & Packaging, Information & Technology Products, Green Technology and Food & Beverages manufacturing units..
The announcement of infrastructure status to affordable housing has encouraged developers across
tier II and tier III cities to start projects in that segment.