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Gujarat has as well as been a prominent leader in Green Revolution. It has achieved the agricultural growth of 9.6%. As of 2009, three times higher than the agricultural growth rate of India. The production of total food grains during the Events in Gift City 2008-09 is estimated at 63.45 lakh tonnes against the all India production of 2,339 lakh tonnes in 2008-09. Gujarat has the highest number of productivity levels in custard, castor, guava, potato, onion, cumin, fennel and cotton, the second highest productivity in groundnut and bajra and the third highest in gram, guar, banana and is a bgul in the country.
In the 21st century, India has witnessed a remarkable growth in the real-estate sector. Not only the metro cities such as Delhi, Mumbai, Pune, Bangalore, and Chennai are seeing this development but as well as small regional towns of India are affected by this India real-estate boom. The factors responsible for such Gift city boom are foreign direct investments, free funds investment in the property and the interest of various multinational companies in India real-estate. Real-estate in India is seeing a major change currently. The real-estate companies have become more professional and corporate in their services and business.
There are many big names that are playing a major role in the real-estate industry such as JK Developers, Raheja Developers, BPTP, AMR Builder, ARN Infrastructure and many more. They have created an incredible benchmark in India property market. Not only have they taken commercial real-estate in India to new heights but as well as marked their success in the Indian residential real-estate. The real-estate developers are constructing all sorts of residential and commercial property in India which include hotels, apartments, offices and shopping malls in par with the international standards. In the coming years, we are going to see these several commercial and residential projects undertaken by these esteemed real-estate developers.
It will decongest some of the traffic marred areas of the city and will as well as ensure rapid connectivity to commuters the prices of property near the metro stretch have already started witnessing a rise and in future are expected to go up further. However, at present, the rental market stays unaffected ads Jani. The middle class is expected to invest in these areas as home buyers from this segment prefer to live in areas having good metro connectivity the returns on investment in areas within close proximity to the new metro routes are expected to be high. Many individuals already living in their own accommodation in Ahmedabad are banking on properties near the metro belt, to enjoy healthy returns once the metro is functional, says Jitendra Soni, consultant, Harshil Estate. The upcoming metro belt comes with a scope of new development in areas with available vacant land. Hiren Patil, a local realtor at Disha Estate Management says, Areas such as Hebatpur, Sindhu Bhavan Road and 5 km from Thaltej metro station, land is available where developers are planning to come up with residential housing projects.
About the Author: Property Mart is Leading Real estate Consultant in Bangalore Events in Gift City,Gift city from past couple of years offering to Book Prestige New Projects in Bangalore Visit Our official site
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