Make no mistake; Gujarat is in the grip of an irresistible momentum, constantly buzzing with activity. From real estate and automobiles to infrastructure activities galore, the state promises to be a viable option for investors and developers in the country and abroad.
Unitech has decided to sell non core assets such as land, IT parks and SEZs to pay off debt, which is at Rs 5,300 crore. The company expects to garner Rs 300-400 crore this year by selling land parcels, including one in Tiruvanathapuram
With the Indian IT sector being one of the fastest growing in the Asia-Pacific region, there are opportunities galore for the development of IT parks and SEZs. The world knows it and so must you - the Indian IT sector is one of the fastest growing IT markets in the Asia-Pacific.
Kinetic Communications, has entered into a 50:50 joint venture with an Italian Group FG Tecnopolo to provide design, architectural and detailed engineering services for large infrastructure projects in India.
The development process in the state ensures the participation of all sectors as a number of construction companies and builders work on projects that aim at providing housing solutions across all sections.
For starters, just take a look at these facts and figures: In the past decade, Rs 99,805 crore has been invested in infrastructure in Gujarat, and the investment planned for the next decade is Rs 1,180,912.