Gaining its prominence in the realty scenario in the state, Ahmedabad has revamped its look from being a city-centric geographic area to a semi-metropolitan with established suburban infrastructure. With the rising populace in the main city and availability of work opportunities in the outer city, buyers are considering investment in suburban areas.
Another reason motivating the homebuyers to evaluate options other than traditional housing pockets is availability of quality homes. There are number of township coming up in areas such as Naroda, Sheelaj Gam, Sarkhej-Gandhinagar Road (SG Road), Sardar Patel Ring Road, Maninagar and South Bopal offering all basic amenities along with newly constructed road infrastructure which makes lifestyle convenient for the residents.
Moreover, to encourage the buyers, the developers are offering several discounts this festive season. One can get exciting offers, such as free car parking, discounts up to Rs 1 lakh for booking or buying the property. Areas like Naroda, South Bopal, SG Road are some of the localities which have seen consumer preference between April-June 2015. This is mainly because of the availability of new projects in the area which would be nearing possession in next 12 months.
Not just the affordable segment, but also the luxury buyer’s need is getting addressed in Ahmedabad’s suburban realty market. As space is the biggest constraint, even luxury project developers are moving to outskirts for delivering the plush lifestyle.
Purva R Sharma, Times Property, The Times of India, Ahmedabad