Commercial: The Vadodara Urban Development Authority has signed MoUs worth Rs. 3.425 crore with different construction companies for real estate projects including establishment of residential segments, IT parks, and office spaces around the city. A Singapore real estate company has come up with a proposal of developing a Special economic Zone (SEZ) on 550 acres of land in Vadodara. Once the SEZ is in place, property prices in Vadodara will hit the sky. The announcement has encouraged a number of real estate agents and investors to buy properties in Vadodara thereby securing healthy returns for future. Known as the cultural capital of Gujarat, Vadodara enjoys great advantages mainly because of its strategic location. Also, this is a reason for a boom in Vadodara real estate. Few years back, no one could imagine such a bright future for Vadodara Properties. The city will soon be a home to India’s biggest IT parks and would be counted among the cosmopolitan cities.
Posted on: Fri, 30 Aug 2013 10:55:37 +0000
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