Ahmedabad is one of the leading industrial and economic hub of the country. Apart from being on a stronger side in terms of industry, the city is also culturally rich. It is the largest city in Gujarat and enjoys a close proximity to the financial capital Mumbai. Along with Mumbai, the city is well connected to all major parts of India through road, rail and air which boost the overall economy of the city.
The city also boasts of well defined infrastructure with the recent one being the announcement of the bullet train between Ahmedabad and Mumbai which in turn will boost the overall business. As the businesses will grow, Ahmedabad real estate properties market is also expected grow.
Ahmedabad is home to several industries that include automobile, IT, pharmaceutical among others as well as several public, private sector firms and multinational companies. The presence of industries has led to the constant migration of workforce that has increased the demand for property in Ahmedabad. Another reason being is the presence of some best educational institutes of India which resulted in the migration of young crowd around the year that has also led to the growth of demand of property in Ahmedabad.
Ahmedabad real estate properties market have always been investor centric as the investment cost in Ahmedabad is much lower than the other metropolitan cities. The top localities in Ahmedabad include Ahmedabad, Gota, Bopal, SG Highway, Chandkheda. At Homeonline.com the average per square feet price of property in Ahmedabad is 0 Rs.and the average price of property for sale in Ahmedabad starts from 0 and can go up to 0. You can search through these popular property options in Ahmedabad:
Where Should You Buy A Home In Ahmedabad?
Ahmedabad, widely known as an end-user driven market, still has immense popularity among potential home buyers, mostly in the affordable category. The city has witnessed tremendous growth in its real estate market in the last five years. Areas such as Nava Naroda, Vatva, and Nikol has become the current favorites of real estate developers. Various commercial and residential projects have been launched in these areas in recent years. Last year's index shows the emergence of these localities as highly preferred locations for real estate investment.
Top locations where you can buy property in Ahmedabad -
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Bopal - Bopal is an ideal locality for homebuyers of all stature. It is a highly affordable and perfectly balanced area. The average rate of residential properties is approx Rs 3,240 per sq ft. You can find a plethora of options in terms of property type- residential plots, villas / independent houses, flats,and apartments. Bopal's real estate market offers flexibility to buyers. You can own an apartment in Bopal for as less as Rs 15 lac, which can rise to Rs 40 crore or more depending upon the location, size, age of the property, etc.
Depending upon the location and amenities, you can rent an apartment or house in Bopal for anything between Rs 5,000 to Rs 1.60 lac per month. The area is likely to witness more development in the coming days as it will be included in Ahmedabad Municipal Corporation this year. At present, Bopal is under the jurisdiction of Ahmedabad Urban Development Authority (AUDA). Some excellent schools, hospitals, and shopping malls are found in this area.
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Chandkheda - The area's proximity to some major locations like IT parks and GIFT City makes Chandkheda an ideal place to buy a home. The area has reasonable pricing for real estate. Property prices vary from Rs 15 lac to Rs 3 crore in Chandkheda. The average cost of properties is around Rs 3,150 per sq ft. You can find rental apartments or a house in Chandkheda from Rs 5,000 to Rs 2 lac per month. You can expect an increase or decrease in price depending upon various qualitative and quantitative factors.
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Thaltej - Thaltej is the most affordable area among all three locations. It's proximity to the SG Highway, which houses several corporate offices and residential real estate projects, makes Thaltej a desirable location.
You can get a premium quality 2 BHK Apartment in Thaltej for an average cost of Rs 50 lakh, whereas a 3 BHK Apartment can make you spend around Rs 90 Lakh. Thaltej falls on a planned metro corridor node. Its secure connectivity to Vastral would offset the travel time between these two micro-markets of the city. Rental value in Thaltej ranges from Rs 8,500 to Rs 1.50 lac.
Apart from these localities, there are a few other areas in Ahmedabad that offer affordable and luxurious lifestyle. Doing a bit of research before buying a property can help you land in the right place. Make sure you've gone through every single detail about your property before buying it.
If you are looking to invest or buy property in Ahmedabad then you can choose from 10542 properties listed on the website. You can use the filters to shortlist property for sale in Ahmedabad as per your suitable budget, locality, specification of the property, rooms etc. You can also choose from a small sized property in Ahmedabad, independent houses to villas that range from being affordable, mid –range to premium and luxury ones.
