The new face of Ahmedabad is here.
Buying your home is a decision that needs to be taken care of with a lot of thought and by keeping a lot of facts in mind. Factors such as the right kind of neighborhood, & the right kind of locations determine the reputation of the builder, the right price, the construction quality, etc. Are also major factors to be kept in mind before buying a dream home. it is as important for you to keep in mind the fastest developing localities of the city before invest in real estate.
The current real estate market has seen steady development over the past few years. Similarly, the real estate market of Ahmedabad has grown extensively and consistently attracting home buyers and investors. The main reason for this city to witness improvement in the real estate market is growing economical interactions. The development of infrastructure and the rising migrant population also plays an equal role in the same. Not only corporates or entrepreneurs, but nowadays millennials also prefer investing in real estate. The reason being its heavy returns. It is considered a highly lucrative asset since it only keeps appreciating.
Let’s have a look on few preferred localities of Ahmedabad:
Bopal:
In recent years, Bopal has seen a major rise in infrastructural development in terms of residential & Commercial spaces. This area mainly composes of Luxurious High-rise 4|5|7BHK & and 3BHK premium low-rise apartments that are taking the residential real estate market by a storm. The demographics of this area includes people who fall between the ages of 35-45. Their major requirements include a Posh luxury lifestyle that is located in a quality living space
Bopal is an urbane area which is strategically located on S.P Ring Road. The neighborhood has brilliant lifestyle and entertainment avenues like gymnasiums, Malls, Multiplexes, Schools, and Multi-specialty hospitals. This area has a huge value property. Hence, making it an ideal choice for people who prefer to settle down away from the traffic and the Chaos of the city. Nevertheless, one should also keep in mind that the area is in close proximity to the city.
Vaishnodevi Circle:
Vaishnodevi circle has now become a popular choice for Ahmedabad's citizens as It is located between the two most important roads of Ahmedabad – SP ring Road and SG highway is also centrally positioned between Ahmedabad and Gandhinagar. So, for people who have offices at Gandhinagar, having a home in this area in Vaishnodevi also boasts some world-class educational institutes like NIRMA University, Hiramani School, SGVP international school, etc.
With a fair price tag on homes, this area also has close proximity to the airport. The demographics of the people staying here mainly include people in the age group of 35-40. This area mostly comprises of 4|5|7 BHK luxurious high-rise apartments and penthouses with state-of-the-art lifestyle amenities. This makes it an ideal choice for both investors and homebuyers as this area is all set to bring in great returns in the next couple of years.
Gota:
This locality is on the western side of the city of Ahmedabad and is in close proximity to the SG highway. One of the major reasons that make Gota a residential hotspot is the affordability factor. In recent time’s Gota has seen an increased sale of properties and there are no reasons to state it otherwise. Considering its proximity to SG Highway, Gota has a well-developed infrastructure and is connected to the Airport which is an added advantage for the growth of this locality. With the presence of spacious mid-segment homes at optimum rates, this area proves how it has managed to make a niche for itself in the residential real estate market.
SG Highway:
Sarkhej-Gandhinagar Highway is one of the most sought-after roads of Ahmedabad. It lays proper connectivity to almost all the landmark areas of the city. This area also connects to the capital city of Gandhinagar with Ahmedabad. There has been a major infrastructural boom that has changed the face of corporate and commercial space in the last 5 years. Owing to this a lot of home buyers prefer their homes to be in the vicinity of SG Highway since it makes their daily commute easy and hassles free.
This neighborhood also boasts of several lifestyles and entertainment avenues like Multiplexes, Gymnasiums, Hospitals, Schools and Colleges, etc. It has also become a rental hotspot owing to the migrant professionals and students who prefer to live close to their workspaces. This is one of the reasons for the increase in the price of a property in this area.
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