New Developing Areas in Ahmedabad

Taking Ahmedabad to a next level ……

Ahmedabad is the largest city and former capital of western Indian state of Gujarat. With a population of almost 5.8 million and an extended population of around 6.3 million, it is the 6th largest city and 7th largest metropolitan area of India. It is ranked as 3rd in Forbes’s list of fastest growing cities in India. Ahmedabad has emerged as an advancing economic and industrial hub in India. It is the 2nd largest producer of cotton in India and Ahmedabad stock exchange is the country’s 2nd oldest till date.

Now-a-days the New upcoming developing areas in ahmedabad awaits new town planning schemes. The blueprint of the New property scheme developing areas in ahmedabad and 70 adjoining villages for the next 10 years will be declared in the form of a development plan by Ahmedabad urban development authority. The new development plan is likely to facilitate the Gujarat government’s promise of providing affordable housing facilities in the state.

If the government facilitates vertical growth by providing higher FSI, the land components will be decreased and thereby making housing facilities more affordable.

For example, as per current norms and regulations, construction of around 18,000 sq. metres is allowed on a plot of 10,000 sq. meters in the residential areas at FSI of 1.8. Realtors say that if FSI is increased up to 3.0, the developer can construct 30,000 sq. meters area on the same given plot. Thus, the land cost will get divided and the houses will automatically become cheaper.

However, if the government does not give free FSI and charges 40% of the current rates in addition to FSI, the cost will get added to the project cost. The new development plan (DP)of New developing areas in Ahmedabadwill serve as a blueprint of the city’s development for the next 10 years.

Despite manifold hike in the rates, availability of around 5,000 hectares of land under the new town planning (TP) schemes would make affordable housing possible on the New developing areas in Ahmedabad.

A 2 BHK flat (100 sq. yd) in the New developing areas in Ahmedabad is ranging from around Rs 40 lakh to Rs 55 lakh. Same size flat would be available at Rs 22-25 lakh. Properties constructed under the new TP schemes would be around 20-30% lower than that in the adjoining areas.

Thus, New developing areas in Ahmedabad and expansion along with the old planning is a challenge. Ahmedabad socio-economic set up is the most important in its growth and it is one of the best city to live in India.

There are numerous upcoming and ongoing under construction project scheme. Bother East ans West ahmedabad has its own charm. Buyers are equally divided on buying properties on east and west areas. Both residential and commercial sector has many newly development schemes for real estate consumer in ahmedabad.

It old eastern areas there are more individual project schemes and new west area has low or high rise buildings projects. Both areas new developing scheme are constructed under the rules and regulation of Auda or Ahmedabad municipal real estate norms.

New upcoming residential project scheme cover all types of property like independent homes, row houses, flats or apartments, tenement, bungalows, villas, farm houses. Ahmedabad municipal corporation has change fsi for residential planing of ahmedabad city

New upcoming commercial project schemes has various types properties to choose from buildings, shops, offices space, showroom, sheds, warehouses, godown, bank or atm premise. Ahmedabad municipal corporation made change rules of fsi as per zone divided, r1, r2, r3, r4, r5.


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