IndustryLatest Stories

Vadodara’s Indumati Palace to be Surrounded by Luxury Apartments

VADODARA: The historic Indumati Palace, which has stood for 145 years, is a key landmark in the city. Currently owned by royal descendant Pratapsinhrao Gaekwad, the palace is set to be enhanced with luxury apartments. The Gaekwads are planning to transform the area surrounding Indumati Palace, located across from the opulent Laxmi Vilas Palace, into a mixed-use residential and commercial complex. “This will be the first residential complex in the nation to feature a grand palace,” Pratapsinhrao shared with TOI over the phone from Mumbai. “We will construct six 12-story buildings—two to the left, two to the right, and two…

IndustryLatest Stories

Godrej Properties Buys 34 Acres in Vadodara

NEW DELHI: Godrej Properties (GPL), based in Mumbai, has purchased 34 acres of land in Vadodara. This land will primarily feature plotted residential units, providing an estimated saleable area of 900,000 sq ft. This acquisition marks GPL’s second land purchase in Gujarat within the last year. In October 2024, the company previously obtained a three-acre parcel in Vastrapur, Ahmedabad. Recently, the company also acquired a 48-acre land parcel through direct purchase in Doddaballapur, Bengaluru, which will mainly consist of plotted units with a potential development area of 1.1 million sq ft. Published On Jul 31, 2025 at 11:14 PM IST…

InfrastructureLatest Stories

Vadodara Enforces Strict Rules Against Debris Dumping in Water Bodies

Representative image created by AI VADODARA: The Vadodara Municipal Corporation (VMC) has issued a stern warning against the dumping of construction waste in the Vishwamitri river and other water bodies. This issue was highlighted during a meeting between civic officials and an expert committee appointed by the State Human Rights Commission (SHRC). The committee, which comprises activists and experts, frequently collaborates with civic officials and other departments regarding the Vishwamitri project. So far, they have published two reports, including a supplementary one, with another expected soon. On Monday, the committee raised concerns about illegal waste dumping in the river. VMC…

IndustryLatest Stories

Gujarat’s 5 districts draw ₹5.03 lakh crore in real estate investments

AI-generated Representative Image AHMEDABAD: Since the Real Estate (Regulation and Development) Act (RERA) was implemented in 2017, Gujarat’s real estate sector has attracted investments totaling ₹5.03 lakh crore. Notably, 94% of this investment is concentrated in five key districts: Ahmedabad, Gandhinagar, Surat, Vadodara, and Rajkot. This concentration is largely attributed to rapid urbanization, improved infrastructure, and heightened demand for residential and commercial properties. In stark contrast, the remaining 28 districts—home to nearly two-thirds (64%) of Gujarat’s population—have garnered only 6% of the total investments. Experts express concerns about this uneven distribution of resources and emphasize the need for balanced infrastructure…

Latest StoriesRegulatory

Builder in Vadodara to Refund Buyer for Delayed Possession

VADODARA: A real estate group in Vadodara has been ordered by the State Consumer Disputes Redressal Commission to refund ₹28.42 lakh to Dr. Nilam Desai and Dr. Rasesh Desai due to the failure to deliver possession of a flat booked in their project. The complainants, represented by advocate Akhil Dave, reported that they booked a flat in the developer’s Vadodara project in 2012, with possession expected by April 2016, as stated in the agreement. They initially paid ₹6 lakh by cheque and the remaining ₹22.42 lakh through a private bank loan. As per the agreement, the loan disbursal was tied…

Latest StoriesResidential

Vadodara: Akota Slum Residents Vacate Plot After 15 Years

VADODARA: In a commendable act of civic responsibility, residents of a Vadodara Municipal Corporation (VMC) plot in the Akota area have voluntarily cleared the land and allowed the civic body to demolish their homes, honoring a promise made 15 years ago. The residents, previously from the Pir Vasahat slum settlement in Akota, were asked to vacate in 2010 to facilitate the Akota-Dandia Bazaar Road development. While the VMC offered housing in Pratapnagar, many were hesitant to relocate due to the distance from their workplaces. “We had proposed finding a nearby plot in Akota for housing, but no scheme was available…