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An Overview of the Ahmedabad Real Estate Market

According to reports by the Forbes magazine Ahmedabad city is one of the world’s 19 fastest growing cities of the next decade. With such a great future prediction made on the global platform, Ahmedabad is all set to take on the country with its superfast development and stupendous infrastructure. The city has around 1,400 builders and developers who add to the development of the city; thereby, adding to the number of projects in Ahmedabad properties for sale.

Infrastructure & Connectivity

Honored as the first city to execute Public Private Partnership Projects (PPP) models in development projects in India, Ahmedabad has emerged as one of the most developed cities in terms of infrastructure in the past few years. The real estate in Ahmedabad has seen some great development over the past few years and is all set to become a smart city in near future.

In terms of connectivity, it has eight passes which link it to major cities like Gandhinagar, Delhi and Mumbai. The proposed Golden Quadrilateral project will link it to the city of Vadodara. Apart from that Ahmedabad is becoming future ready to get connected via the Metrolink project and even house the country’s largest airport.

Demography

Ahmedabad is the sixth largest city in the country housing as many as 7.2 million people. With a population density of about 9,900 people per square kilometer, Ahmedabad is also counted as the seventh largest metropolitan area. While sex ratio of the city is pretty low at 897, the literacy rate is comparably good at 88.29%.

Life Style

People in Ahmedabad believe in enjoying their life to the fullest with all the simple things that come their way. Lifestyle of Ahmedabad is not as fast-paced as that of the metro cities but is still worth talking about. Spending time in nature garden and lakes is common among the people of this city. Victoria Garden, Law Garden, Nehru Zoological Park and Kankaria Lake are some places where people can be usually seen spending their time. There are many restaurants and fast-food joints that attract the youth towards themselves.

Key localities in Ahmedabad

The various localities that offer excellent living standards in this city validate why Ahmedabad has become a part of the smart city project. Ahmedabad real estate has seen a dramatic change over the past decades; giving rise to some prominent localities. The key places of Ahmedabad are: Sanand, Chandkheda, Chanakyapuri, Bopal and South Bopal, Science City, Ashram Road, SG Highway, Bodakdev, Satellite, Prahlad Nagar, etc.

Real Estate Market

Builders in Ahmedabad have played a very important role in taking this city to such great heights; delivering great projects with world class amenities and infrastructure facilities. They come up with different types of real estate for sale in Ahmedabad time and again. Some of the top builders in Ahmedabad are: Ganesh Housing, Adani Group, Parshwanath Realty, Tata Value Homes, Purohit Construction, Indiabulls, etc.

Projects in Ahmedabad

Ahmedabad has seen a number of projects in recent years that have contributed to the city’s overall development. These projects in addition to the upcoming projects increase the number of properties for sale in Ahmedabad. With more than 257 residential projects, Ahmedabad is all set to inhabit more migrants within its precincts. One can easily find all types of projects from luxurious duplexes and villas to budget friendly flats and apartments.

 Govt Projects in Ahmedabad

The latest Gujarat Housing Board Flats scheme 2017 calls for people seeking EWS, LIG, MIG flats in Ahmedabad. Among them, 168 units would be for Middle Income Group (MIG) in the area of Sola Road Hanuman Temple. There would also be 1,296 MIG flats and 456 Lower Income Group-II (LIG-II) in Gota. This would add to the development of property in Ahmedabad.

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