Here is another piece of news which will testify the fact that real estate recession is just a term in Ahmedabad's dictionary!!!!
Defying the odds, Ahmedabad Education Society’s (AES) 22,774 square yard land in Vastrapur was sold for Rs137 crore.
Even though Mumbai-based Ajmera Group and Gandhinagar-based Sheetal Infrastructure turned out to be the sole bidder for the plot with just Rs1 lakh higher than upset value set by the charity commissioner, when calculated, the consortium paid Rs60,160 for yard for the parcel.
According to newspapers and hammering news channels, the plot had been sold at the price set during slowdown.
This plot is located in the posh locality of Vastrapur near the lake.
Wow! Plot overseeing the lake. There are few properties in Ahmedabad overseeing the lush garden and lakes.
ReplyDelete