Although the land prices in SG highway is less over the localities inside Ahmedabad, realty experts say that SG highway will have a good return in the future years as many townships and affordable housing projects are coming up in the location. As there is a good connectivity to other parts of the city, townships that come up in the suburbs are as well as expected to have good returns. Most of the home buyers are end users contributing 60% of the home buyer’s ratio in the SG highway while the rest are investors. The most interest fact is that even NRIs and people living outside Ahmedabad are eagerly investing in the SG highway projects. Gift city latest updates leading realty firms have their project in SG Highway that includes Godrej Garden City, Sahara city, Adanis the North Park and Shantigram Aangan, Enigma etc. There are as well as new residential projects coming up in the nearby areas such as Bopal, Satellite, Gurukul, bodkadev, Prahlad Nagar etc. and the possession was provide n for most of the developed projects here.
The real-estate in Ahmedabad is witnessing an upward growth trend in recent days the rapid growth of the industrial sector and overall economic development has helped Ahmedabad to turn into a rapidly developing city in the country in all aspects. With intelligent development governance and progressive policies, Ahmedabad has established itself as the ideal real-estate destination in Gujarat. If you are planning to purchase an apartment or house in Ahmedabad, here are few locations that are ideal for investment. Straddling the Gift city latest news River is Ahmedabad, the largest city of Gujarat. It has a very rich history and tradition and is home to many prominent national leaders, such as, Mahatma Gandhi and Sardar Vallabhai Patel. From having historic buildings, it has come a long way to have unique and aesthetically designed that attracts and impresses many across India. Ahmedabad city is divided into two regions by Sabartmati River Eastern and Western Region. The Eastern part houses the old cities, old bazaars, temples and the main railway station while the western side is well designed it has many education institutions, residential colonies, shopping malls and the famous CG Road and SG Highway.
Today with the excellent development, it is one among the top 10 cities to invest for Stamped as the finest city to reside and earn, it is alluring many people across India as well as expats and NRIs to invest in it. Needless to mention, it has a good infrastructure that is the main reason behind the real-estate boom these additions are changing the skyline of the city. Almost all the developments are happening in the western side of Ahmadabad, in areas such as, Sabarmati, Naroda, C G Road, CTM, Ashram Road, Shahibaug and Satellite where there is a great potential for residential growth. In the last few years the capital appreciation has been around 50 per cent. After the current government announcement to provide affordable for all by 2022, Ahmedabad has gained good demand for affordable housing segment and to boost the demand, government has announced friendly policies. Based on these policies, the housing projects in Ahmedabad are available at an affordable range from Rs. 3 lakh to Rs. 25 lakh. Renowned developers such as Tata Housing, Adani Township and Real-estate and Arvind Real-estate are creating such landmark buildings for the growth and to offer housing projects for all in India. Small units such as one bedroom have seen an upswing in demand by 3 to 4 per cent in the last few months, while the two bedroom and three bedroom housing demand has remained stable.
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