Property Trends in Ahmedabad

In last 15 years, Gujarat has been the only state of India to witness growth in majorly all kind of aspects. Among the many well developed cities, Ahmedabad besides just being the largest city of Gujarat has also emerged to be a commercial capital of Gujrat.

The city is known to be a hub of chemical, textiles and pharmaceutical industries. Also, it has some of the famous educational institutes like IIM-A, CEPT and NID in its account. In every aspect, Ahmedabad today has the hottest real estate market of India. The alluring combination of progressive policies, intelligent governance and high developmental rate has made the real estate market of the city most desirable in terms of both commercial as well as residential purposes. Visit here related project in Noida Sikka Kimantra greens

Moreover, the development of projects such as IT parks, Riverfront and gift city has helped the real estate market of Ahmedabad to grow at tremendous rate. Today, investing or buying a property in Ahmedabad assures unprecedented and extraordinary returns to the buyer. It is the increasing capital value of real estate assets which has made Ahmedabad the highest sweep staker in the property market. Property in Ahmedabad is flourishing with many commercial as well residential projects. From the corporate spaces and commercial malls to the IT/ITES parks, flats and apartments to bungalows and township… the appreciation of property (be it in terms of return value or acquisition rates) can be witnessed in every aspect.

Where the areas of Sarkhej-Gandhinagar Highway, Prahalad nagar, Ashram Road are known to be commercial sites of Ahmedabad with a property appreciation value of 20 – 30%; the areas of Vastrapur, South Bopal, New Ranip, Bodakdev and Nava Naroda are commanding the residential properties in Ahmedabad with the appreciation value of 50% over the last 3 years only. The other prime residential properties in the city are: Maninagar, Thaltej, Shahibaug and areas around Chandola Lake and Kankaria. Talking specifically about bungalows, it is the Sardar Patel Ring Road in the outskirts of Ahmedabad that has been predominantly developed for the individual bungalow segment. However, with the increasing rates of properties and inadequacy of land, the trend of flats and apartments can easily be spotted in Ahmedabad.

The residential property in Ahmedabad is seeking an emerging trend of 2 and 3 BHK flats. Buying an apartment houses or a flat in the high rise towers of a city not only promises a handsome return value but also assures an enviable lifestyle to its owners and residents. Undoubtedly, with such a good educational institutes, better employment opportunities and excellent civil infrastructure

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About Ravi Chauhan

Having ardor to gain knowledge makes, Mr. Pradeep Kumar up to date in this rapidly moving world. He is an active contributor in Real Estate community. As a graduate in Computer application, He owns and successfully heads of but he is mainly focusing on building and analyzing SEO strategies to develop new SEO techniques that will last longer in SEO industry.
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