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Report on Real Estate Prices in Ahmedabad - Godrej Garden City Ahmedabad Price, Savvy Swaraaj Price, Pacifica Meadows at Gokuldham Price

Ahmedabad is one of the most prominent cities of Gujarat, the vibrant state of India. It has now become the real estate hotspot for the property investors and developers across the country due to its advancing industrial, economical and infrastructural developments. Owing to these developments, the real estate prices in Ahmedabad have also escalated enormously in the recent times. According to Ahmedabad real estate report, two fold increase is witnessed in property prices in Ahmedabad as compared to the prices in year 2010. The city has witnessed good influx of the property developers from various parts of the country and is now the home of several prominent real estate builders of the country like Pacifica Companies, Godrej Properties, Savvy Swaraaj, Tata Group, Adani Group, Bakeri Builders etc. The entry of these builders into the city has not only redefined its real estate look but is also one of the major reasons for increase in property prices.

The property investors have realized the fat returns from property investment in Ahmedabad and therefore are now looking forward to cash into the Ahmedabad properties in prime locations for profitable investment. Both residential as well as commercial spaces in prime areas of Ahmedabad are in demand. Some of the hot and happening areas for real estate investment in Ahmedabad today are S.G Highway, SP Ring Road, Vastrapur, Prahladnagar, Bodakdev, Thaltej etc. Basic infrastructure in these key areas of the city is of good quality. Added to this there is easy availability of essential amenities and moreover these are the major commercial areas of the city. Today everyone understands the prominence of living in prime areas of the city and therefore are willing to invest in properties only in such areas. For this reason demand for properties in prime areas is very much high as compared to those in suburbs. It is obvious that with such property demand, the prices too in these areas of the city are going to be high as compared to suburbs or other under developed areas. In spite of this people today are readily investing in properties in prime locations of Ahmedabad because of the higher income standards and desire to invest in posh and luxurious properties. Some of the major real estate developments can be found in these happening areas. For example some of the best properties of the city are located in these areas like The Meadows at Gokuldham the famous integrated township project in Ahmedabad is located near SP Ring Road, Savvy Swaraaj and Godrej Garden City are located near SG highway, the Green Acres, luxurious apartment project in Ahmedabad by Pacifica is located at Prahaladnagar and much more.

Real estate prices have doubled in last two years in these regions because of these developments. This is clear from the fact that the flat that used to cost approximately for Rs. 63 lakh two years ago in a prime location in the city, is now priced at Rs 1.2 crore. Property developers like Godrej, Savvy Swaraaj too have increased their property prices. Price of flats in Godrej city phase 3 Ahmedabad project was approximately of Rs 2,450 per square feet where as the similar kind of flats in phase 4 project are now offered at Rs 3,300 per square feet by the developer. Similar is the case with price of Savvy Swaraaj projects and bakeri upcoming projects too. The prices are far more escalated than they were in the earlier projects. For those looking for comparatively affordable projects in the city, Pacifica offers good options in its new real estate projects.
Ahmedabad Real Estate News >>

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