Search Results for: vertical development

Ahmedabad Development Authority Likely To Raise FSI

Ahmedabad Urban Development Authority (AUDA)  announced its Development plan on February 1. The new plan raised the floor space index (FSI) up by 30%. Ahmedabad Urban Development Authority has announced a 30% rise in the floor space index on February 1. The increased FSI will enable the builders to construct taller buildings. The new development […]

Rising Skyscrapers boost elevator industry

Construction of skyscrapers is suggested as the sole option for meeting the increasing housing demand. Although it is suggested in view of meeting the housing demand, many other industries like elevator industry are boosted by this. According to the developers as well to the experts, skyscrapers are the best option for meeting the housing demand. […]

Surat Real Estate experiences 100% growth in 2 yrs.

Realty glitters in the diamond city. Real estate sector has witnessed a 100 per cent growth in the past two years, aided by a number of factors like vertical development, business opportunities and influx of people from other places. Om Ahuja, CEO-residential services, Jones Lang LaSalle (JLL) India, said, “In cities like Surat, the growth is directly related to […]

Norms On Building Height Relaxed In Gurgaon

With Gurgaon becoming a popular choice for people looking for a home, the land for residential development is shrinking. To accommodate more people, the Haryana government has now removed the cap on the height of new highrises for both residential and commercial. According to commissioner (town and country planning and urban estates) D S Dhesi, […]

Cities may grow taller as Plan panel seeks higher floor space index.

The skyline of Indian cities could soar as the government considers permitting vertical growth with the aim of checking runaway realty prices and generating resources to upgrade urban infrastructure for future growth. A Planning Commission steering committee, in its draft report, has recommended providing additional FSI (floor space index; the ratio between built-up area and plot size) as development rights, but said […]

IT Industry into Realty Sector.

It is well known that information and communication (ICT) is highly regarded as a key driver and enabler of economic development and business processes, and now it has spread its wings even to the real estate sector. Companies do appreciate the contribution and deployment of ICT due to its performance. But if we consider the […]