Ahmadabad Real Estate on a steady march towards progress through green methods of urbanization
With the real estate industry in Ahmadabad experiencing an upswing because of the recent growth in the industrial sector and with builders and developer in ahmedabad in full swing for development of residential and commercial projects like flats and farm houses, unprecedented returns are on the cards in future. Buoyed by the progressive policies by the Government, this city is promising to become a hub for investment in real estate in India with investors making their way hastily towards this destination. Private investors and NRIs are moving into this city in large numbers, finding this real estate market a potential one and not only residential flats, villas and farm houses are being built in large numbers, heritage sites are also being acquired for conversion into centers for profit making. Development of “smart homes” has been a recent feature in property development in Ahmadabad with a large section of the community preferring for smart and green way of living.
Investments in office spaces are proving to be extraordinarily profitable with a rise of 20% to 30% in capital value of properties in prime areas like Ashram Road, Prahladnagar and Gandhinagar. Demand for residential properties is experiencing a surge, with areas like Vastrapur, South Bhopal, Nava Naroda, Nicol and New Ranip becoming a heaven for private investors as well as NRIs. Where development in only private bungalows segment was predominant in the recent past, today real estate development in this city is churning out amazing spaces in the forms of pent houses, service apartments and township properties. Multiple options for intended buyers being provided by builders and developer in ahmedabad, real estate industry is experiencing a boom where investors are finding this city a gold mine, with intelligent governance being a catalytic factor towards its growth.