Ahmedabad’s landmark Keshavbaug Party Plot finds buyer

26 Dec 2022 CW Team

The process to sell Ahmedabad’s famous Keshavbaug Party Plot has begun. The plot is around 7,400 square yards, and according to a report citing sources, city-based Aaryan Infrabuild Pvt Ltd has finalised the deal with owners of the plot and will launch a project on the plot soon. The deal size is about Rs 2 billion.

Keshavbaug Party Plot has been a landmark for more than two decades and the area has seen rapid development in recent years, including a hotel by a leading hospitality chain.

A source closely associated with the Aaryan Group confirmed the deal and said a commercial building with a built-up area of around 500,000 sq ft will be constructed on this land. “The buyer is not eyeing a tall building but will develop a unique 14-floor commercial project with high-end retail and office spaces as the demand for premium office and retail spaces is increasing and the location has good connectivity,” he said.

Keshavbaug Party Plot owners couldn’t be reached for the comment.

Tejas Joshi, president of CREDAI Ahmedabad, said, “Ahmedabad is one of the fastest growing metro cities but prices are still lower compared to other metro cities of the country. We have seen some record deals in the past one year and with growing demand for premium locations, we expect this trend to continue. With Metro train and SG Highway connectivity, property demand is increasing steadily.”

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..