ACOEM Group will be working with state pollution boards and the AAI on the govt front

Project will see remote management of all the utilities from a single city command

Company looking to either buy its own land or enter into joint venture with land owners in state

Even as it nears the launch of its first affordable housing project in Gujarat at Halol near Vadodara, Kolkata-based real estate player Ashiana Housing Limited is already planning to expand its presence in the state. The company is already exploring and researching possibilities for similar project in other cities like Ahmedabad, Surat and Rajkot.

The assistance has been announced as a central tax reimbursement for Metrolink Express between Gandhinagar and Express

In a big boost to the Metrolink Express between Gandhinagar and Express (MEGA), the Central Government has finally proposed a provision of Rs 6,450.75 crore assistance for all metro rail projects for the current fiscal of 2013-14. The assistance has been announced as a central tax reimbursement for the projects, wherein MEGA would receive Rs 10.1 crore this year.

Despite attractive schemes being launched by mid and premium segment residential and plotting projects, the Ahmedabad real estate market is witnessing a consistent growth only in the affordable housing segment in the sub-Rs 10 lakh and sub-Rs 5 lakh category, say developers and experts alike.

According to experts, over 60 per cent of the close to 10,000 residential units being added up in next few months fall in the affordable housing segment, which is the sub-Rs 10 lakh and sub-Rs 15 lakh category. "There are simultaneous mid-premium and premium residential projects as well as plotting projects being launched in Ahmedabad.