At the present time, this state has shown enormous advancements in different sectors, right from housing, education and the commercial Companies in Gift City to tourism and entertainment. Apart from that, the basic amenities such as better water and electric supply and better sanitary conditions and well-organized transportation system have offered the right background for the expansion of the realty sector in Gujarat.
The thing what is driving the property market of Gujarat is that this city includes everything to attract the buyers. First and foremost, the capital value of real-estate in Gujarat and the cities of this state is more affordable in terms of residential properties than many tier-II cities in India. The next thing is that the presence of the strategic location of the residential properties and the superior infrastructural facilities are as well as driving the investors towards the real-estate market of Gujarat.
Gujarat is well connected both internally and externally through the intricate transit system and this thing adds to the commercial value of this state. The key projects of this state in the form of hotels, SEZs, gated communities, Gift city townships and specialty townships such as IT corridors and financial products townships have come up a really big way. Apart from that the favourable FDI policies have as well as confirmed to be really beneficial for the Gujarat realty sector.
An enormous growth pace has been witnessed in this industrial sector in the recent time combined with a perceivable increase in the population has lead to an enhanced demand for the housing requirements in Gujarat. As a result, numerous prestigious property developers are really making it big with some big investments in the luxurious projects in Ahmedabad. All these new townships are styled in the new-age lavishness with plenty of new facilities. Besides, the main focus of these townships is building a self-reliant housing facility with own post office, petrol pump, multiplex and shopping malls.
Apart from Ahmedabad, Surat and Vadodara as well as rank high in the states real-estate sweepstakes as Gujarats second largest city, Surat is all set to become an international diamond trading hub. It is located on the Golden Quadrilateral highway and is well connected to Mumbai and Delhi. These are major market drivers. Vesu, Piplod, Pal, Adajan and Varachha Road are the traditional residential destinations, and suburban locations such as Bamroli, Khajod, Palsana and Puna Kumbharia Road are coming up.
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