Soaring Demand of Residential Property in Ahmedabad

Ahmedabad is touted to be the largest city of Gujrat and also an epicenter for commercial  activities. The demand for residential property in Ahmedabad is soaring high due to the good policies and their implementation by the State administration for the past few years. A number of good companies have also entered into the space with an intention to set up their base in  the city  over the past few years. People migrate to this city in huge numbers in search of lucrative job offers every year.  This has not only boosted the industrialization, but increasing number of footfall has also led to significant escalation in the demand of residential property in Ahmedabad. The improvements in infrastructural facilities like electricity, roadways, and water etc. has made Ahmedabad a favored destination for many investors.

With a positive outlook more and more top builders in Ahmedabad are showcasing their interest in the property. They are looking forward to start their ambitious residential projects in the city. Also, the government’s aggressive strategy to attract foreign and national investments has paid off, resulting in a heavy influx of investments in the city. This has led to an increased business activity and demand for property, including Commercial property in Ahmedabad.  

With a slew of meticulous projects delivered by the top builders in Ahmedabad that offers high class lifestyle, top notch amenities and a good environment to its residents, the residential real estate has set a benchmark. This has also promoted the launch of other promising residential projects in the city. No doubt the people are spoilt for choice in this city with a plethora of lucrative projects. Such increased activity has led to immense competition among the real businessmen guaranteeing quality final product to the end user.

Connectivity

The city is well connected by road, rail and air which also plays an instrumental role in escalating the demand of residential property in Ahmedabad.  Sardar Vallabhbhai Patel International Airport, also known as Ahmedabad Airport, links the city with major national and international destinations. 

Ahmedabad Municipal Transport Service (AMTS) and interstate bus services here link Ahmedabad with major cities in the state as well as in India. There are regular buses for Mumbai, Shirdi, Pune, Bhavnagar, Surat, Vadodra and Gandhinagar from Ahmedabad. The city of Ahmedabad is well linked to most part of the country via an extensive rail network. A number of superfast and express trains are available for metro cities like Mumbai, Delhi, Kolkata and Chennai from Ahmedabad Railway Station, which is also known as Kalupur Station.

With the economic and business activity showing no signs of slow down even in the global recession and more and more foreign companies showing interest in setting up businesses, the real estate residential sector  is gearing for one of the most attractive investments in the coming time. Property in Ahmedabad lures investments from all across the country and abroad. The city dwellers to NRI’s are interested in investing and cashing in on the boom.