Gujarat’s
largest and peaceful city, Ahmedabad is showing an upward trend in its property
scenario. A city that straddles the beautiful river Sabarmati, Ahmedabad is among
the fastest growing areas and among the top 10 cities for residence and
investment in the country. A primarily buyer-friendly realty market, Ahmedabad
has now investors and NRIs making their presence felt through investments in
commercial sector, luxurious residential projects and even plots in Ahmedabad.
Ahmedabad is
distinctly divided into two regions – Western and Eastern Ahmedabad and both
hold their own in terms of development, first-rate social infrastructure and
residential growth. Be it educational institutions, clinics, places of worship,
shopping areas or multiplexes, the city offers it all to its residents. In
addition to this, recent government announced infrastructural plans including
the BRTS project and SP Ring Road project, the steady industrial/commercial
growth happening in the region and AUDA are some other factors that are pushing
planned residential development in the city. Be it developed plots in Ahmedabad that come with required and added
civic amenities, lavish villas or lucrative residential apartment project
schemes, the city is in high demand from investors and real home buyers alike.
Courtesy: Net |
For people
wanting to invest and make good return in the long run, some developed and
appreciating areas of Ahmedabad include Shahibaug, New Wadaj, Sabarmati, Chandkheda
and Motera. Besides these, some areas that are fast-developing, pulling
investor interest and have high residential growth potential are Koteshwar,
Thaltej, Naroda, C.G. Road, Ghodasar, Satellite and Ashram Road. These areas in
Ahmedabad are localities to look out for, when investing in a property in the near future.
Apart from being
a good residential area, Ahmedabad is also a zone for several industries and
business establishments. In the last few years, quite a few companies have set
up their branch here while some are still looking for undeveloped lands and
even developed plots in Ahmedabad for
commercial development. All these advances only imply the steady pace at which
Ahmedabad is moving forward while offering growth prospects to its investors,
developers and buyers.
If you are an
investor, NRI or genuine home buyer who is looking to invest in a luxurious
residential apartment or a plot in Ahmedabad, then the process is not that
difficult. With a number of realty brokers and consultants in the city and the property
prices still being in the affordable range, it is very much possible to invest
in your dream house and be a part of this vibrant city.