Monday 17 August 2015

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Ahmedabad Witnesses Growing Demand for Residential Projects

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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.

plots in ahmedabad
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.

Adarsh Dev

Author & Editor

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