+
Gujarat RERA to Acquire Rs 440 Mn GUDA Plot for New HQ
Real Estate

Gujarat RERA to Acquire Rs 440 Mn GUDA Plot for New HQ

Gujarat Real Estate Regulatory Authority (RERA) is set to purchase a plot from Gandhinagar Urban Development Authority (GUDA) for Rs 440 million for its new headquarters near Sargasan. The move signifies Gujarat RERA's commitment to establishing a centralized and efficient operational base, contributing to the regulatory body's effectiveness in overseeing and regulating the real estate sector in the state. The strategic acquisition is expected to enhance Gujarat RERA's administrative capabilities and streamline its functions for better service delivery to stakeholders in the real estate industry.

As regulatory bodies continue to play a crucial role in maintaining transparency and accountability in the real estate sector, the decision to invest in a dedicated headquarters reflects Gujarat RERA's proactive approach to fulfilling its regulatory responsibilities. The plot acquisition near Sargasan aligns with the authority's long-term vision for robust and responsive regulatory mechanisms, fostering a more secure and well-regulated real estate environment in Gujarat.

Gujarat Real Estate Regulatory Authority (RERA) is set to purchase a plot from Gandhinagar Urban Development Authority (GUDA) for Rs 440 million for its new headquarters near Sargasan. The move signifies Gujarat RERA's commitment to establishing a centralized and efficient operational base, contributing to the regulatory body's effectiveness in overseeing and regulating the real estate sector in the state. The strategic acquisition is expected to enhance Gujarat RERA's administrative capabilities and streamline its functions for better service delivery to stakeholders in the real estate industry. As regulatory bodies continue to play a crucial role in maintaining transparency and accountability in the real estate sector, the decision to invest in a dedicated headquarters reflects Gujarat RERA's proactive approach to fulfilling its regulatory responsibilities. The plot acquisition near Sargasan aligns with the authority's long-term vision for robust and responsive regulatory mechanisms, fostering a more secure and well-regulated real estate environment in Gujarat.

Related Stories

Gold Stories

Next Story
Equipment

Radialisation is becoming increasingly important: Amit Tolani, CEAT

In a conversation with Ashlin Rajan, Amit Tolani, CEO, CEAT Specialty, discusses CEAT’s expanding off-highway tyre portfolio through Camso, the shift towards radialisation and the growing demands on construction equipment. He also shares insights into the company’s investments in automation, digitalisation, AI and sustainable manufacturing, as well as its plans to build more efficient and connected production capabilities. With Camso giving CEAT access to premium construction, agriculture, material-handling tyre and track segments, where do you see the biggest growth opportunity over ..

Next Story
Real Estate

MICL, Godrej Properties partner for Marine Lines project

Man Infraconstruction (MICL) has partnered with Godrej Properties Group for the development of a sea-facing residential project at Marine Lines in South Mumbai. The project has an estimated overall revenue potential of more than Rs 60 billion.Under the transaction, MICL, which was earlier the Development Manager for the project, has partnered with Godrej Properties for its development. The development rights jointly held by MICL and Shreepati Group have been transferred to Godrej Properties. MICL will continue to participate in the project through an agreed revenue-sharing arrangement.Spread a..

Next Story
Resources

Bharat Bijlee appoints Khushru Vakharia as MTM Vice President

Bharat Bijlee has appointed Khushru Vakharia as Vice President of its Magnet Technology Machines (MTM) Division, effective August 31, 2026. He succeeds R Rajaraman, who has retired as Division Head.The MTM Division is part of Bharat Bijlee’s Industrial Systems business and provides permanent magnet technology solutions, including the GreenStar range of gearless elevator machines for customers in India and international markets.Vakharia has more than 35 years of experience with Bharat Bijlee across manufacturing, strategic planning, operational procurement, plant engineering, quality assuranc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code