Realtors in Ahmedabad Priydeep Real Estate Management M. 9824539077
Ahmedabad’s real estate market is booming because of to the huge growth of its industrial sector and
overall high rate of development, both in commercial and residential terms. It is the largest city of
Gujarat, and also its commercial capital. It is rich in textile, pharmaceutical and chemical industries.
Apart from being a well-established education centre (with national institutes like IIM, NID and
CEPT) Ahmedabad has also established itself as a major IT/ITeS and retail destination. The
combination of the favourable factors naturally makes it a highly desirable residential real estate
destination.
Flats, apartments, serviced apartments, bungalows, penthouses and township properties are cropping
up all over to meet the demand. In the past, residential development in Ahmedabad was
predominantly in the form of individual bungalows.
Even today new bungalow schemes can be found on the outskirts of Ahmedabad city, especially
expensive real estate prices in the city have brought in the trend of apartment houses in form of high
rise towers in the city.
The prime residential property areas in Ahmedabad are Shahibaug (in the northern part of the city),
Satellite, Bodakdev, Vastrapur, Prahladnagar, Thaltej (in the western parts of the city), Maninagar
and areas around Kankaria and Chandola Lake in the southern eastern parts of the city.
The growth corridors for real estate development in Ahmedabad are the SG Road (Sarkhej-
Gandhinagar Road), Sardar Patel Ring Road, Maninagar and on the north side of the Inner 132 ft
Ring Road in areas like Nirnaynagar and Ranip. SG Road and Sardar Patel Ring Road in particular
have witnessed a lot of residential bungalow/farm house type developments in the recent years.
There will be a consistent 10-15% growth in property rates across all sectors in Ahmedabad. The
exact rate in certain locations will depend on the incidence of market drivers there.
Apart from Ahmedabad, Surat and Vadodara also rank high in the State’s real estate sweepstakes. As
Gujarat’s second largest city, Surat is all set to become an international diamond trading hub. It is
located on the Golden Quadrilateral highway and is well connected to Mumbai and Delhi. These are
major market drivers.
Vesu, Piplod, Pal, Adajan and Varachha Road are the traditional destinations for residential real
estate in Surat, and suburban locations like Bamroli, Khajod, Palsana and Puna Kumbharia Road are
coming up. Vadodara is Gujarat’s third-largest city and is another preferred emerging property
investment destination. The prime residential areas are Alkapuri, Race Course Road, Old Padra
Road,
Jetalpur, Akota and Fatehganj.
Ahmedabad, Ahmedabad Property, Ahmedabad Property Market,Ahmedabad Property Rates, Ahmedabad Realty, India Residential Properties,Real Estate Research, Real Estate Tips, Real Estate Trends, Residential Properties India, Residential Property, Residential Real Estate
Ahmedabad’s real estate market is booming because of to the huge growth of its industrial sector and
overall high rate of development, both in commercial and residential terms. It is the largest city of
Gujarat, and also its commercial capital. It is rich in textile, pharmaceutical and chemical industries.
Apart from being a well-established education centre (with national institutes like IIM, NID and
CEPT) Ahmedabad has also established itself as a major IT/ITeS and retail destination. The
combination of the favourable factors naturally makes it a highly desirable residential real estate
destination.
Flats, apartments, serviced apartments, bungalows, penthouses and township properties are cropping
up all over to meet the demand. In the past, residential development in Ahmedabad was
predominantly in the form of individual bungalows.
Even today new bungalow schemes can be found on the outskirts of Ahmedabad city, especially
along the Sardar Patel Ring Road coming under zones R2 and R3. However, the scarcity of land and
expensive real estate prices in the city have brought in the trend of apartment houses in form of high
rise towers in the city.
The prime residential property areas in Ahmedabad are Shahibaug (in the northern part of the city),
Satellite, Bodakdev, Vastrapur, Prahladnagar, Thaltej (in the western parts of the city), Maninagar
and areas around Kankaria and Chandola Lake in the southern eastern parts of the city.
The growth corridors for real estate development in Ahmedabad are the SG Road (Sarkhej-
Gandhinagar Road), Sardar Patel Ring Road, Maninagar and on the north side of the Inner 132 ft
Ring Road in areas like Nirnaynagar and Ranip. SG Road and Sardar Patel Ring Road in particular
have witnessed a lot of residential bungalow/farm house type developments in the recent years.
There will be a consistent 10-15% growth in property rates across all sectors in Ahmedabad. The
exact rate in certain locations will depend on the incidence of market drivers there.
Apart from Ahmedabad, Surat and Vadodara also rank high in the State’s real estate sweepstakes. As
Gujarat’s second largest city, Surat is all set to become an international diamond trading hub. It is
located on the Golden Quadrilateral highway and is well connected to Mumbai and Delhi. These are
major market drivers.
Vesu, Piplod, Pal, Adajan and Varachha Road are the traditional destinations for residential real
estate in Surat, and suburban locations like Bamroli, Khajod, Palsana and Puna Kumbharia Road are
coming up. Vadodara is Gujarat’s third-largest city and is another preferred emerging property
investment destination. The prime residential areas are Alkapuri, Race Course Road, Old Padra
Road,
Jetalpur, Akota and Fatehganj.
Ahmedabad, Ahmedabad Property, Ahmedabad Property Market,Ahmedabad Property Rates, Ahmedabad Realty, India Residential Properties,Real Estate Research, Real Estate Tips, Real Estate Trends, Residential Properties India, Residential Property, Residential Real Estate