During the early period of the 21stcentury, there was an economic crunch in India, which affected real estate
market adversely. The rates of home loans dipped as people were still confused and
vary about buying property. But the property market scenario as of today is
looking up to a boom period.
Ahmedabad Real Estate
Development
Ahmedabad, which is a growing township at a
distance of 30 km. from the capital city of Gujarat is touted as one of the
safest cities to invest in residential property. There is lot of overall growth
and infrastructural expansion going on in this bustling city. Good clean
environment, economic plus political stability and progressive commercial
growth have attracted numerous enthusiastic national property developers in Ahmedabad to construct commercial as well as residential towers.
Land experts feel that Ahmedabad requires lot
of residential space for its growing population. During the past few years, it
has witnessed 25 to 35 per cent approval value in real estate residential
investment segment. People are eager to purchase affordable apartments for sale in Ahmedabad. In fact, according to
reports, the 2 and 3 BHK apartments have a high demand value by home seekers.
The builders in housing sector are constantly coming up with new building
projects for residential purposes in the city. Almost 15,000 residential houses
are being constructed near the capital city of Gandhinagar, example the
‘Swarnim City’ project.
The Real Picture for Investment Opportunities
The periphery regions of Ahmedabad are also
under massive development stages. All these developments have kept the property
value on a standby stable mode, and the city dwellers and even outsiders are eager
to buy apartments for sale in Ahmedabad.
The real estate picture looks very appealing
and positive in Ahmedabad with potential growth in a slow steady way. Property
rates are stable in some areas, while some pockets have seen price escalation.
The residential apartments are being planned by mega developers offering
wondrous new amenities to the buyers. All in all, a perfect time for house
seekers and investment opportunists to consider buying residential property in
Ahmedabad.