Gujarat’s commercial real estate market starts gaining momentum

22 Feb 2022 CW Team

The commercial real estate market started gaining momentum last year. According to Gujarat Real Estate Regulatory Authority (GRERA), new commercial project registrations in Gujarat increased by 24% to 213 in 2021-22, compared to 171 in 2020-21.

From the total registrations, 76 new commercial projects were registered in Ahmedabad, up by 17% from FY21, the highest increase in the state.

Developers and real estate experts ascribe the growth in demand to better confidence among businesses and plans for growth and expansion after a decrease in Covid-19 cases.

Executive Director of Knight Frank India, Balbir Singh Khalsa, said that as the industries and corporate plans for expansion, the need for commercial space has increased. It includes office, retail and showroom spaces. Moreover, as metropolitan cities expand with new town planning schemes, the requirement for residential and commercial real estate increases.

As per GRERA, investments worth Rs 5,005 crore took place in new commercial real estate projects across Gujarat in 2021-22, up 13%, compared to Rs 4,436 crore in 2020-21. Out of the total investments, Rs 2,244 crore is in the Ahmedabad commercial real estate market.

Image Source

Also read: Hyderabad declared as India's top commercial real estate destination

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..