Archive · 23 May 2025
Ahmedabad Sees Surge in Redevelopment Deals in Four Months
In Ahmedabad, old housing societies are being rebuilt.
In just four months, many deals have been finalized.
Builders are finding it cheaper to redevelop existing properties, while residents get updated homes without moving.
Court decisions are making it easier to get approval.
The upcoming increase in property rates is also speeding things up.
Many societies are in discussions to redevelop their properties, trusting that the redeveloped properties offer more amenities.
Ahmedabad has seen 75-80 redevelopment deals finalized in the first four months of the year.
600 more societies are reportedly in talks for redevelopment.
Rising jantri rates in early 2025 are encouraging societies to fast-track approvals.
Court judgments have streamlined the consent process for redevelopment.
Redevelopment offers cost advantages for builders compared to land acquisition.
- Who
- Builders and residents in Ahmedabad
- What
- Redevelopment deals are increasing in Ahmedabad.
- When
- 75-80 redevelopment deals sealed in the first four months of the year.
- Where
- Ahmedabad
- Why
- Rising jantri rates and streamlined consent processes are driving redevelopment.
Residents' Perspective
Builders' Perspective
Incentives
Residents' Perspective
Residents benefit from staying put and gaining amenities.
Builders' Perspective
Builders prefer redevelopment due to cost advantages.
- Deals Sealed
- 75-80
- Societies in Talks
- 600+
- Jantri Rate Increase Anticipated
- Early 2025
- Percentage of Members Needed for Consent
- 75%
- Completed Redevelopment Projects
- 150+