Thursday, February 10, 2011

Realty Boom In Ahmedabad Creates Problem For Its Residents

 Since the last few years, the construction business has become the most profitable trade even in the crowded walled city, Ahmedabad. A large number of new commercial and residential buildings have come up here with the support of powerful people of the area. Walled city localities like Manek Chowk, Raipur, Kalupur, Dariapur, Gandhi Road and Ratan Pol have become major business hubs in the last two decades. With realty prices in other parts of the city going through the roof in the last 4-5 years, the demand for residential property in walled city areas has increased immensely. The construction industry that has sprung up to meet this demand has created new problems which have made people living or doing business in the area for long, very vulnerable. It is also alleged that many commercial and residential complexes built in the area do not comply with government norms for safety. 

31 Jan 2011 DNA

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