Honda Cars has acquired 380 acres in Gujarat to set up a new assembly line, though its two existing plants are running at half the installed capacity of 2.40 lakh units as its sales fell over 25 per cent last year. Honda has an assembly line each in Greater Noida near Delhi and Tapukura in… Read More »
Gujarat chief minister Vijay Rupani is planning to promulgate an ordinance to regularize all residential properties built on land coming under Urban Land Ceiling Act. The market price of these properties runs into several thousands of crores of rupees. The revenue department has finalized the draft ordinance which will be sent for the formal approval… Read More »
The land of Ahmedabad Commercial Mill went under the hammer at Gujarat high court to fetch a staggering price of Rs 71 crore. The winning bidder, Siddhi Corporation, wrested the prize 22,385 square metre plot on Monday after 34 rounds of bidding – the highest rounds so far in a court auction in the state.… Read More »
After a yearlong wait, the Sabarmati Riverfront Development Corporation Limited (SRFDCL) has officially announced that it is all set to begin media planning and public relations activity for sale of development rights on a few plots on the Riverfront. Source: Economictimes