Home / Economy / News / Low demand, high construction costs may derail Gujarat's skyscraper dreams

Low demand, high construction costs may derail Gujarat's skyscraper dreams

Real estate developers too, believe such high rises, whether built for residential or commercial purposes, will have to be ultra high luxury

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For instance, the new rules provide for construction of such buildings only if the adjoining road is more than 30 meters wide

Vinay Umarji Ahmedabad

5 min read Last Updated : Aug 25 2020 | 6:40 PM IST

Even as the Gujarat government paves the way for skyscrapers in top five cities by allowing buildings with more than 70 floors, the move might face several challenges.

Recently, Gujarat Chief Minister Vijay Rupani approved new rules which not only permit construction of more than 70 floors in a building compared to 22-23 floors previously, but also apply to buildings taller than 100 metres and with an aspect ratio of 1:9 with provisions for construction to be made in the CGDCR-2017.

The new provisions will be applicable in D1 category in Ahmedabad Urban Development Authority (AUDA), Surat (SUDA), Vadodara (VUDA), Rajkot (RUDA)

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