ahmedabad amid slowdown there is some movement in the citys real estate market the sports club has bought 60000 square yard land from a firm promoted by vasant adani brother of industrialist gautam adani for close to rs 50 crore the land has been bought from shantikrupa estates private ltd at the rate rs 8199 per square yard this values the deal at rs 4919 crore the land parcel is located at vansajada near chekhla about 20 km from sindhu bhavan roadthe deal was finalised on thursday evening through a democratic and transparent process confirmed narendra patel president sports club which is one of the oldest and premium clubs of ahmedabadthe sports club of gujarat had issued advertisement thrice to buy suitable land for the second unit of the club as many as 16 land owners submitted their bids almost all the prospective sites were visited by us personally after all the due diligence two land parcels were selected patel addeda group comprising five office bearers and four other members of the club decided to go for the piece of land at vansajda30 members are moving to the areaconsidering proximity and connectivity the sports club has selected the site for its second unit around 2030 of the clubs existing members are gradually shifting to that area they will get the club facilities near them when the second unit is developed at the newly purchased landwith real estate market passing through a tough time the number of deals in the city has gone down noticeably last week nirma group bought a 13476 square meter plot for rs 213 crore in an auction conducted by the ahmedabad municipal corporation amc the plot is located just behind rajpath cluba day later amc auctioned two more plots in sola and nikol for rs 93 crore in december 2019 a citybased realtor bought an under construction commercial property near vaishnodevi circle from a nonbanking finance company nbfc this was previously being built as a corporate headquarters by sintex industries limited