Affordable housing projects in Ahmedabad gains momentum

Ahmedabad is a fast developing city and  boasts of an  affluent culture with number of old museums, monuments and forts. Apart from this various multinational corporations and other blue chips that have set up theoir bases in the city thereby broadening the commercial

The foremost reasons that have led to the boom of  Buy property in Ahmedabad is improved connectivity, more opportunities and better facilities.  The proposed Ahmedabad Metro Phase I that is expected to stitch APMC to Motera and Thaltej to Vastram Gram, once functional, is expected to give higher ROIs in the regions. This is expected to provide access to many  many other parts and cut down the traffic woes. It is also time saving and cost effective. Availability of large spats of vacant land near the Thaltej station is inviting many builders for new residential developments. It is observed that a major part of the NRI Diaspora has been willing to invest in real estate in Ahmedabad. There are number of factors that have been instrumental in fuelling the demand of residential property in Ahmedabad.

Factors leading to growth

The most sought after Gujarat International Finance Tech-City (GIFTC) near Ahmedabad, once functional is expected to create millions of white collar jobs. This is envisage to push the residential property in the Ahmedabad & Gandhinagar  and attract a good number of real estate projects in Ahmedabad. The proactive government in Gujrat has initated SG Highway forming the major part of NH 8C that connects the city of Ahmedabad with Gandinagar, the capital of Gujarat. It begins from Sarkhej in Ahmedabad and ends in Chiloda near Gandhinagar. SG Highway is effortlessly connected to Sardar Patel Ring Road, Ahmedabad Airport, Railway Network & proposed Metro (East-West Corridor).

Affordability

The capital value for the real estate here in terms of the residential property is most affordable in comparison to  other cities or state in the country at any given point of time. This factors has stood out to bush plethora of buyers and end users to invest in Ahmedabad property.  Affordable housing scheme Ahmedabad has inculated a lot of enthusiasm and positivity in the property seekers with many reputed launching residential projects in Ahmedabad.

There are good number of area that have emerged as the most soughts after destinations for affordable housing projects in Ahmedabad.

Nana Chiloda

Being a prospered and well- established node, Nana Chiloda has seen a rise in luxury as well as affordable housing projects. While the area presents high-end villas, Nana Chiloda is also offers affordable housing projects.

Chandkheda

Located in the close vicinity  of the river Sabarmati, Chandkheda is a locality that imparts an amazing connectivity to all other parts of Luxury apaprtment in Ahmedabad. It is projected to a spate of infrastructural developments , thanks to the initiatives taken by the proactive state government. A well-developed node, this locality hosts a good number of head and commercial offices of reputed companies like Indian Oil Corporation, Oil and Natural Gas Corporation Limited, Gujarat Housing Board and Indylogix Solutions.

Gota

Located along the New SG Road, Gota enjoys excellent connectivity to all other parts of the city through a rail network.Apart from its robust connectivity, it has become one of the most preferred location for affordable housing projects in Ahmedabad. This increases the attractiveness of the area.