Invest in Ahmedabad Realty Sector for Ensured Good Returns

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Author: Rashmi Karan

Rashmi Karan writes on behalf of 99acres.com, a leading online portal thriving to solve the consumer’s requirements in real estate segment. The site offers a galore of information regarding the real estate property such as flats and houses to buy, sale or rent at different locations like Mumbai Property, Bangalore Properties etc.

The largest city of Gujarat, Ahmadabad has marked a commendable and remarkable economic and infrastructural growth in a short time. Such situations have been quite helpful for the real estate segment, which has coming up as the market ensuring great returns on investments for both buyers and investors. Ahmedabad has experienced a steady growth in real estate segment in the year 2012 and the demands for both commercial and residential properties are expected to surge in the year 2013 as well.


The market experts have expressed some positive feelings regarding the residential segment and they believe that the residential market has particularly experienced a continuous and healthy demand from the buyers and investors, and the rate of supply has remained appreciable. Be it a resale or a new property segment, both have marked a fair amount of transactions and there has been an average property value appreciation of 10-12% in just a few months. Being the trading center of Gujarat, the retail and industrial sector of Ahmedabad have been the key economic drivers for the realty segment of the city.


The areas, which have been the hottest real estate destinations in terms of residential segment, include: Bavla, Vastrapur, Sarkhej-Gandhinagar Highway, South Bopal, Chandkheda, Bodakdev, Sanand Nalsarovar Road, Nava Naroda and Bagodara.


The real estate segment of Ahmedabad proved to be profitable for even investors, who wish to have quick returns on selling a property over a short-duration, because of a consistent increase in the capital values. The real estate market of Ahmedabad has to offer something to everyone, meaning for every category of buyer.


There is no dearth of luxurious apartments and villas in the city and they are quite affordable as compared to those available in the Tier 1 cities. Apart from the costly luxurious homes, a number of affordable properties are also available in the multi-storied apartments, which are mostly available at a price range of Rs. 22-40 lakh, while the costliest ones are available in crores. Owning a house in Ahmedabad is quite easier for NRIs as well, due to relaxed foreign investment policies of government.


Seeing the increased potential of real estate market in Ahmedabad, a number of renowned developers and builders have come up with their affordable projects. They have introduced projects in both commercial and residential sectors. Apart from construction of buildings, these builders also offer other projects, which deal in plots, independent houses as well as villas. The possession time is again shorter as compared to other cities and the buyers have possession of their properties within 18-24 months, and the trend is expected to continue in future as well. Ahmedabad has witnessed a decent supply of multi-storied apartments, which have proved to be helpful to meet the ever-increasing demand from the increased workforce of the city.
The capital values of flats in the city ranges between Rs 4,000-6,000 per sq. ft. whereas the apartments and flats located in the outskirts of the city are available at some lower prices of Rs 2,000-3,500 per sq. ft. Furthermore, the government has proposed a number of infrastructural projects, which involves construction of high-speed rail connectivity between Ahmedabad, Mumbai and Pune, while the ongoing Baroda-Mumbai Expressway is expected to improve the connectivity in a better way. The real estate graph of Ahmedabad has displayed a positive and upward trend, and the investors will keep on reaping benefits out of their properties in the near future as well.

Rashmi Karan writes for 99acres.com, one of the top ranking real estate portals, dedicated to provide the best real estate solutions to the customers. 99acres.com offers detailed information about buying, selling or renting of the properties available at various locations in India.

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