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Ahmedabad Real Estate Projects

Being one of the famous cities of India, Ahmedabad is a hot spot for real estate development.  Taking advantage of this opportunity, the real estate developers in the country have started up many real estate projects in Ahmedabad that can provide them with maximum benefits in return for their investments. The latest real estate trends in the city are inclined towards residential real estate, commercial real estate and retail real estate activities.

Regarded as commercial capital of India, Ahmedabad is an ideal location to invest in commercial properties. The commercial real estate development in the city mainly revolves around shopping malls, business centers, hospitals, multiplexes which are some of the popular commercial properties in Ahmedabad in which most of the commercial real estate developers like to invest. Investing in these kinds of commercial projects can be the best way of investing in Ahmedabad real estate which is on full flow and continuing to gain momentum day by day. Due to its vast retail potential, number of retail players like star india bazaar, big bazaar, pantaloon, west side  and many other international brands are now eyeing the Ahmedabad market.

Ahmedabad is witnessing huge inflow of white-collar immigrants with increase in IT boom in the city. With this influx of immigrants in the city residential real estate of Ahmedabad is on high. In order to meet this demand of hour, the real estate developers like Pacifica Companies have started various residential projects like bungalows, villas, apartments, flats and tent houses to accomodate the housing requirements of different sections of the society. The areas which have witnessed improvements in roads and public transportation and other infrastructure are the most in-demand areas for real estate activity. The western parts of the city like C.G. Road, Bodakdev, Satellite, Vejalpur, Jodhpur, and Vastrapur are now becoming the thriving areas for residential properties in Ahmedabad. Apart from traditional residential models, Ahmedabad real estate scene is now open to trying out new models of mixed use developments and service apartments. With the Gujarat Institute of Housing and Estate Developers showing keen interest in promoting Ahmedabad as an ideal investment destination for real estate properties, the Ahmedabad real estate market is really on high. Though residential properties in Ahmedabad are well below the prices prevailing in metros, they are in good demand due to the requisite infrastructure investing in which can assure a lucrative yield in the long term.

With an improvement in infrastructure and facilities, many new ventures are now popping up in the city thus providing a perfect investment option for NRIs which will surely yield good returns in near future, as the real estate prices in Ahmedabad are sure to take a jump. Because of the spending power and industrial skills of Gujarati NRIs who are investing in the real estate market the property rates are sure to take a healthy shift. Ahmedabad is thus developing as the best option for foreign direct investments (FDI) such as joint ventures and real estate investments.

The real estate trend in Ahmedabad indicates that the property prices are continuously rising at a very rapid rate. As value of the city continues to increase as a major commercial and industrial center of the country, it is unlikely that the property prices will saturate upto a long time in distant future. Thus investing in properties in Ahmedabad can be the best options for earning long term benefits.

 

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