Tuesday 21 July 2015

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The Real Estate Scenario in Ahmedabad

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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. 

Residential Property Growth in the City
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. 

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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.

Adarsh Dev

Author & Editor

Discussing about an idea to buy / sell property

 

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