Surge in joint dev. projects as land price soar in Ahmedabad
Real Estate

Surge in joint dev. projects as land price soar in Ahmedabad

The city's real estate scene is seeing an increase in joint development deals, with two famous developers teaming up with landowner groups to start new projects.

This tendency is considered as a reaction to the enormous increase in land prices over the last few years, which has made it difficult for developers to dedicate significant resources for land purchase.

Collaborating with landowners through joint ventures provides developers with much-needed relief, relieving their financial responsibilities, especially given the higher jantri rates and the accompanying pricey premium FSI charges.

Following the implementation of the new jantri rates, two large developers have finalised joint development agreements with various landowner groups in the last two months.

For the first time, The Baker Group has chosen a cooperative development project with a landowner group, unveiling plans for a 5 lakh square foot residential complex in Shilaj.

The Shivalik Group, too, has completed a collaborative development project at Vaishnodevi Circle.

The city's real estate scene is seeing an increase in joint development deals, with two famous developers teaming up with landowner groups to start new projects. This tendency is considered as a reaction to the enormous increase in land prices over the last few years, which has made it difficult for developers to dedicate significant resources for land purchase. Collaborating with landowners through joint ventures provides developers with much-needed relief, relieving their financial responsibilities, especially given the higher jantri rates and the accompanying pricey premium FSI charges. Following the implementation of the new jantri rates, two large developers have finalised joint development agreements with various landowner groups in the last two months. For the first time, The Baker Group has chosen a cooperative development project with a landowner group, unveiling plans for a 5 lakh square foot residential complex in Shilaj. The Shivalik Group, too, has completed a collaborative development project at Vaishnodevi Circle.

Next Story
Resources

Skyview by Empyrean is Making Benchmarks in the Indian Ropeway Industry

FIL Industries Private Limited, the parent company of Empyrean Skyview Projects that pioneered ropeway mobility solutions in India with Jammu’s Skyview Gondola, is currently developing the Dehradun-Mussoorie ropeway and is on track to complete Phase I by September 2026. The ropeway is set to be India’s longest passenger aerial monocable covering 5.8 km between the foothills of Dehradun in Purkulgam and MDDA taxi stand in the hills of Mussoorie in just under 20 minutes. The firm pioneered green mobility solutions in India with the development of the flagship Skyview Gondola in Jam..

Next Story
Technology

Creativity is for Humans, Productivity is for Robots!

On most construction sites, the rhythm of progress is measured by the clang of steel, the hum of machinery and the sweat of thousands. But increasingly, new sounds are entering the mix: the quiet efficiency of algorithms, the hum of drones overhead, and the precision of robotic arms at work. Behind the concrete and cables, an invisible force is taking hold: data. It is turning blueprints into living simulations, managing fleets of machines, and helping engineers make decisions before a single brick is laid. This is not the construction of tomorrow; it is the architecture of today – built on ..

Next Story
Infrastructure Urban

Bhartiya Urban Unveils ‘Bhartiya Converge’ GCC Enablement Platform

Bhartiya Urban has launched Bhartiya Converge, its latest business venture designed to become India’s premier platform for enabling Global Capability Centres (GCCs). The initiative offers an integrated ecosystem aimed at helping global clients gain a competitive edge in today’s rapidly evolving business environment. Focused on enhancing turnaround time and operational efficiencies, the company seeks to deliver better business outcomes powered by top-tier talent. Bhartiya Converge presents a customised and integrated suite of microservices that addresses the nuanced and evolving operational..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?