The Pacifica Ahmedabad Residential Project is being developed in close proximity to the Sarkhej - Gandhinagar highway on the rapidly developing western parts of the city.
The Pacifica Residential Project, Ahmedabad is being developed in the Thaltej area, One of the rapidly developing western parts of the city of Ahmedabad.
Ahmedabad has recently started leveraging its real estate potential for 'real' now; the city has some real residential hotspots to boost its image as a perfect place to reside. For instance, there will be considerable economic activity with the arrival of the Tata Nano project, which has also improved the value of real estate in and around the Sanand corridor.
Drivers for Brand Ahmedabad :
DMIC investment region
Upcoming NANO plant.
Upgraded Infrastructure – BRTS in process and good roads.
Well connected, surrounded by major ports, international airports and national highways.
High land availability.
Located in an industrial region rich with SEZ's.
Comparatively Low land prices
Few of the best campuses of learning.
Prahladnagar is a good area to consider. It is surrounded by premium areas; has a high income population and the prices are sill relatively low. It is also close to the new business district on SG Highway and has good connectivity to the core city. Also of mention the Sabarmati-Gandhinagar highway which is close to the airport and Gandhinagar, as well as the upcoming GIFT city; has good connectivity and infrastructure besides many institute campuses like NID, IIT and DAIICT.
Hyderabad continues to hold its own in the current slowdown scenario, though significant growth has now been restricted to certain specific areas.
Residential real estate investment growth potential in Hyderabad will center primarily around Gachibowli and Tellapur.
Drivers:
Proximity to the financial district, which is where the highest growth of IT and other commercial projects is happening
Could become another CBD over the next ten years
Outer Ring Road (Phase 1 in advanced stage, phase 2 scheduled after six months) in the vicinity will reduce commuting time of residents to key workplace locations
Chennai’s residential real estate scenario is considerably depressed at the current time. Developers who have projects along the once booming IT corridor are all set to reduce their rates by as much as 20%.
However, the Mogappair-Porur and OMR region continues to hold mid-to-long term investment potential.
Drivers:
This overall location is very close to the prime residential catchment of Anand Nagar and also to Chennai railway station and the bus terminus.
The fact that it is not near the IT corridor also increases its potential.
With Talegaon not picking up in the anticipated manner, Pune’s new growth corridor now encompasses Kharadi and Nagar Road. This can be safely considered as the most lucrative real estate investment zone for 2009-2010.
Drivers:
Eon IT Park – 4 million square feet of prime IT space in the last stages of completion
Other IT SEZ's as well as commercial ventures also on the anvil
Proximity to revamped airport
Improved connectivity, largely via the opening of the VIP Road connecting Viman Nagar to the airport
Imminent arrival of 5-star hotels such as JW Marriott, Grand Hyatt and Leela
Bangalore is surely feeling the brunt of the IT slowdown. However, established suburban areas like Koramangala, Outer Ring Road and Bellari Road continue to be good investment destinations. As in the case of Mumbai, appreciation is not a focal point in the current scenario - these are the areas that will sustain their prices, while other will correct.
Apart from these, Mysore Road –which encompasses the upcoming NICE corridor, has lots of future promise thanks to good connectivity to Mysore and many commercial developments being planned there.
Koramangala
Drivers:
No scope for fresh developments
Close to Electronics City
Residential demand is high
Outer Ring Road and Bellari Road
Drivers:
Close to IT hub
Outer Ring Road is close to Whitefield and is a commercial area.
New developments are coming up on Bellari Road, which is also close to the Devenhalli airport.
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