Tata Motors announced to set up its Nano plant near Sanand Chharodi brought on the radar of real estate prices market.Land Taluka gallop to reach new heights.

But the message of Ford in July, followed by Peugeot on Thursday to set up plants in the car Taluka have not had much effect on land prices in the region. He asked one question: Is the real estate market Sanand reached the saturation point?

Those who are closely associated with the development blaming high housing prices, the delay in the decision and notices on the zoning and fear of recession to market saturation. The real estate market Sanand was a place that is happening around a year ago, but now seems out of turmoil. Not conducted large operations. Both sellers and buyers are completing offers that have been hit before.

“Almost no new agreement was made. Some of the minor, involving small parcels or individual lots can happen. But that’s all,” said the sources, Sanand Sub-Registrar’s Office.

The source said some offers that happens are those where the parties had delayed the registration because of the increased rate Jantra.

“But now they know that rates will not be further reduced so that they appear to enter into agreements struck earlier,” the source said.

Speaking of the entry of Ford and Peugeot has no effect on the housing market Sanand, Amarsinh Solanki, a lawyer and a realtor in the area, said the new party coming here has beaten the market shortly after the arrival of Tata. “As a result, the market witnessed an upward trend at the moment and not look back until it reached its maximum,” he said.

He added that these companies are public lands will therefore not affect farmers and other landowners. Moreover, the delay in the declaration of the Development Authority Urban Ahmedabad (AUDA) has kept the industrial real estate agents and away from the individual market.

“Manufacturers do not know if the earth were revealed, would fall under the industrial or residential zoning where Auda said finally,” said Dilipsinh Jadav, a real estate agent.

Jadav said, are the only ones to buy land from farmers, which in March bought the GIDC. “Farmers are not willing to sell their land below the Rs28 lakh for chariots, and buyers know the price is too high,” he said.

“Nowhere in Sanand you will be able to get the farmland below RS10 lakh per bigha,” said Bharat Vyas, a dealer in land in Sanand. There is a demand from people wishing to establish warehouses here, but the rates are too steep, he said. He also said that rising rates Jantra increased the premium payable, if agricultural land is converted to non-agricultural land.

“Moreover, people are also afraid of possible recession and its impact on land prices. So Buyers expect a correction to happen,” said Vyas.