Ahmedabad, the business township of Gujarat is known as the most social rich city and standouts amongst all the cities of the state.
Ahmedabad is an expanding city with an attractive social ethos that plainly reflects when in its old exhibition halls, landmarks and old monuments. Apart from this big blue chip companies and various MNCs are entering into space the real estate, thus widening the commercial prospects of the city.
The other neighboring areas that are under rigorous development are Shahibaug (North); Satellite, Bodakdev, Vastrapur and Thaltej (West Maninagar, Kankaria, Chandola (South East) The main reason behind this development in real estate sector of Ahmedabad is relative to financial and moderne expansion blast in the state. The proposed Ahmedabad Metro Phase I that will cover APMC to Motera and Thaltej to Vastram Gram, once completed, will generate higher ROIs in the areas.
This will connect to many other parts and cut down the traffic woes. Accessibility of expansive spats of empty area close to the Thaltej station is welcoming numerous builders with a slew of real estate projects in Ahmedabad. Over the period, vast NRI Diaspora have additionally been showcasing their enthusiasm for contributing.
The most anticipated Gujarat International Finance Tech-City (GIFT) close to Ahmedabad, once finished is visualized to produce around 2 million white collared jobs. This is liable to support the property market in Ahmedabad and Gandhinagar attracting a spate of real estate projects in Ahmedabad.
Ahmedabad has effectively settled itself as a prevalent IT/ITES and retail destination.The Gujarat government has likewise started a great deal of improvements further spending a considerable measure of cash on infrastructure and connectivity, for example, Sarkhej-Gandhinagar Highway (SG Highway). SG Highway is touted to be one of the quickly developing destinations in Ahmedabad. SG Highway stands as an intergal part of NH 8C that interfaces the city of Ahmedabad with Gandinagar which is the capital of Gujarat. SG Highway additionally gives a robust connectivity to Sardar Patel Ring Road, Ahmedabad Airport, Railway Network and proposed Metro (East-West Corridor). Affordable flats in Ahmedabad
A spate of affordable flats in Jaipur remarkably boosts the demand. The city not only provides ample affordable living provisions but also offers promising investment options. Combined factors like high rentals, excellent returns on investments, a tranquil environment, and growing infrastructure makes Ahmedabad one of the most lucrative investment options among Tier-II Indian cities.
This is one of the main reason that has lured the buyers interest in property. Many premium properties in prime locations of Ahmedabad are available at affordable rates even now, with high probabilities of appreciation in the coming years.