Dear Readers,

Warm greetings. As we gear up for the new financial year, I hope this New Year so far has brought you and your family the best of health.

With the elections concluding, there has been a revival in the political stability of Gujarat. This paved the path for the sixth edition of the Vibrant Gujarat Summit. As expected, it was meticulously executed by the government and was a runaway success. The ministry has even promised to quickly execute the various decisions that were published in the development plan for the state.

There were several positives that came out of this plan. However, the most notable one was the announcement of the Floor Space Index increment. By increasing the FSI from 1.8 to 5.4, this initiative by the government has been lauded by many in our industry.

As real estate developers, this decision gives us an opportunity to make our projects more affordable and viable. It also enables us to construct more built up area and increase the project size. This in turn will catalyse the business growth rate and the selling process would become more efficient.

GIHED has always reflected excellence in all its work. On 17th March, 2013, we will be celebrating this excellence. We will be hosting the 4th edition of the GIHED Awards at the Gujarat Conventional Centre. GIHED Awards 2013 will continue to be the perfect platform in the state to not only showcase the high quality of excellence in our work, but also reward the best. The critical awards will be judged and scrutinized by Dun & Bradstreet, an independent jury.

This year, in what will be a novel initiative, we will include the participation of the citizens of Ahmedabad who will vote for an array of awards.

To promote excellent design, GIHED will be setting up for best design showrooms to encourage Interiors and Best Architecture for design Real estate creators. Citizens would be asked to vote for the most popular form of design. I believe such an initiative will help to increase the levels of awareness of the people and developers stand a chance to exhibit their best work to a large audience.

To ensure that the whole world is aware of our mesmerizing growth, this event will telecasted live on national television and will also be streamed live on our website www.gihed.org.

I strongly believe that events such as these are great opportunities to acknowledge the hard work that we, as an organisation have put to take GIHED to where it is today. These awards will not only testify the high levels of excellence we maintain, but will also motivate us to keep going strong in our mission to develop a world class Ahmadabad.

Faithfully Yours,

Rushabh Patel

President, GIHED 

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