Properties , India Real Estate,India Property,Real Estate Project In India, Residential Real Estate Property, Commercial Real Estate Property in India, Industrial Real Estate Property in India, Agriculture Real Estate Property In India
Owning an Apartment in Burj Khalifa Cheaper than Owning a Property in Central Delhi
An apartment on the 100th floor of ‘Burj Khalifa’, the world’s tallest building and one of the most-sought after addresses in the world today, comes at a price of Rs 38,000 per sq ft. But if you think that’s a soaring price, consider this: desi realty rates beat that by a mile. The rates of apartments on Prithviraj Road and Aurangzeb Road in central Delhi are much higher. The per sq ft rate of apartments in Marble Arch and Tata Apartments on Prithviraj Road is around Rs 65,000 per sq ft. Similarly, Ansal apartments on Aurangzeb Road have a price of Rs 55,000 per sq ft, said senior broker Hemendra Sharma.
In Vasant Vihar and Chanakya Puri in South Delhi, apartments built on smaller plots of 400-800 sq metres are commanding prices of around Rs 45,000 per sq ft. In fact, there are not many luxury condominiums available in central and south Delhi. However, there are several bungalows on independent plots of around three acres with a permitted area of construction of 3500 sq ft to 10,000 sq ft. These plots are commanding a price of Rs 200 crore to Rs 500 crore. So the per sq ft cost of these bunglow comes to a whopping Rs 5 lakh per sq ft.
Condominiums in Mumbai are even costlier. The per sq ft rate in Mumbai’s NCPA Apartments at Nariman Point is between Rs 90,000 and Rs 1 lakh! Till date, the highest per sq ft rate paid in Mumbai stands at Rs 97,842 for a four-bedroom apartment at NCPA Apartments in 2007. This is the highest rate paid for a residential unit in the history of Indian real estate. In July-August last year, an apartment in Maker Tower B, in Cuffe Parade, sold for around Rs 93,000 per sqft.
Project Brief :- AIA Engineering is expanding its steel casting capacity near Odhav Road in Ahmedabad Gujarat.
Project Summery :- AIA Engineering is expanding its steel casting capacity from 21000 TPA to 93800 TPA near Odhav Road in Ahmedabad district of Gujarat with an investment of around Rs. 200 million. As of November 2009, work on project is in progress and is scheduled for completion by end of 2010.
Pavan Estate Management Consultants is one of the top Real Estate Agents in Ahmedabad, India. Once you come in contact with the professional team, you will look no further. Pavan Estate Management has affluent knowledge in, Sales, Buying, and Rental Deal for Land, Plot, Bungalows, and Commercial Premises for more than two decades in and around Ahmedabad and in various places in Gujarat. We can advise you on the best structure to set up the purchase or sell of your property in individual or company name, valuations, and administration just to mention a few aspects.
For More Details Contact on: G.F- 12, Rajvi Arcade, Near Kamala Kamdhenu Hall, Opp. Gurukul Temple, Drive-in Road, Memnagar Ahmedabad-380052
Contact Person : -Mr.Ramjibhai Patel (o) : - 079-27481453/27481563 (M) : - 09824099490/9924099490 E-Mail id : - pavanestate@yahoo.com/pavanestate.ahmedabad@gmail.com
Ahmedabad is the largest inland industrial centre in western India and has served as an important base of commerce, trade and industry.
Ahmedabad has claim to fame came for being home to the first Indian textile mill known as the Ahmedabad Spinning and Weaving Company Limited. A series of textile mills including the Calico Mills in 1880 and many such textile mills are part of its legendary status. Arvind Mills, one of India's leading composite manufacturers of textiles is headquartered in Ahmedabad.
Chemicals and pharmaceuticals industry also thrives in Ahmedabad. Americos Industries, specializing in production and marketing of high quality products like enzymes, garment wash, auxiliaries, smart colourants and dyestuffs has its headquarter in Ahmedabad.
Zydus Cadila and Torrent Pharmaceuticals, leading pharmaceutical companies in India have their headquarters here. Paras Pharmaceuticals, a reputed health and personal care company that manufactures products for day-to-day health and hygiene has its manufacturing plants located near Ahmedabad.
The city serves as the corporate headquarters of the Adani Group, which is a leading multinational trading company with revenues of $3.5 billion. The Adani group's core business includes commodities trading, edible oil manufacturing, industrial construction, Mundra port operations and distribution of natural gas.
The corporate headquarters of the Nirma group of industries which manufactures products ranging from cosmetics, soaps, detergents and salt and runs a large number of detergent and chemical industrial units is in Ahmedabad.
In the recent times, IT and IT-enabled services (ITES) and Business Process Outsourcing (BPO) companies have preferred to set up and run their offices here.More than 40 companies, including Microsoft and Tata Consultancy Services (TCS), which is part of Asia's largest conglomerates and most respected groups, are already present at Creative Infocity.
Some foreign companies have set up their sales offices and production facilities in Ahmedabad Prominent among them are Bosch Rexroth; Germany, Stork, Rollepaal and Johnson Pumps. In the power sector, Torrent Power Limited, a part of Torrent Group is an integrated electricity generation, transmission and distribution utility. It is the sole distributor of electricity to cities of Ahmedabad, Gandhinagar and Surat.
Ahmedabad has two local FM stations. Satellite radio was launched in the city by WorldSpace in 2005. A network of optical fibre cables connects the entire city. The city's telephone service providers are landline and mobile operators like BSNL, Reliance Infocomm, Airtel, Hutch and Tata Indicom. The Gujarat film and television industry is also coming up.
Investment opportunities and real estate growth have encouraged any banks and Housing Finance Companies (HFCs) to start operating from Ahmedabad. Bank of Baroda established its first branch in Ahmedabad. The Cosmos Co-operative Bank Ltd (Cosmos Bank) one of the oldest .Urban Co-operative Bank in the India which offers core banking solutions has a branch in the city.
