As per Confederation of Real Estate Developers’ Association of India (Credai) since the start of Nrega project by government, there has been a huge shortage of labor. Labors prefer work at thier home tiwn and villages rather then migrating to places like Surat. This can seriously increase the project...
Posted on Jul 25, 2011 in Surat Economy
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Surat is ranked as No. 4 fastest city as per the website http://www.citymayors.com/statistics/urban_growth1.html . As per this report it comes second to Ghaziabad in UP. Not sure how much true this report is, but surely Surat is growing well. Surat is one of the city with 100% employment for sure.
As per the June total sales registration report property sales in Mumbai is 27% down which is close to the numbers of property sales June 2009.
While on the other hand Gujarat is seeing some all time high records of number of sales in most of the cities.
Gujarat sees increase in number of registrations at the Registrar of Stamp Duty (Dastavej) in spite of Jantri increasing from 10-400% lately.
June 2010: 85,431 Dastavej
June 2011: 90,884 Dastavej
Increase in Dastavej : 6.3%
10,000 Aprox dastavej done in Surat every month.
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The world’s leading theme park operators—Disney World, Canada’s Wonderland, Sentosa of Singapore and Genting of Malaysia—are in talks to set up a Disneylandstyle park in Gujarat, that could be bigger than the Disneylands in California,...