The State of Gujarat has been making tremendous progress with respect to the real estate industry. Year by year ultra modern infrastructure facilities have boosted the real estate industry all over Gujarat. The scenario of Ahmedabad is no different. Real estate prices have shot up significantly over the years. The upward trend in property prices has attracted large number of prospective buyers to invest in Ahmedabad real estate. Residential and commercial spaces are in heavy demand in Ahmedabad.
A survey on investor behavior has revealed that areas which assure promising returns are sought after by potential buyers. Certain period in the real estate history of Ahmedabad see prices soaring. The current scenario is such a phase in the real estate history of Ahmedabad. Understanding the present trends investors analyze the benefits of investing in booming areas. Also the availability amenities like connected roadways, highways, schools, banks, hospitals and recreational centres play a major role in the investment behavior of the buyer. Areas like Satellite, Bodakdev do offer good investments returns. Thereby these areas have become the new real estate investments hubs in Ahmedabad.
Prime locations invite more buyers since basic infrastructure in these areas are of good quality. Similarly the availability of essential amenities also is a determining factor for real estate investment. Price per sq.ft starts increasing when there is demand for property in these prime locations. Apart from this other artificial factors also influence the property prices in key locations.
Ahmedabad real estate prices are also exhibiting a similar trend. Real estate prices in Ahmedabad have seen a considerable hike as compared to the previous years. The reason is attributed to the continuous development of roadways, railways and other civic infrastructure of Ahmedabad.
To get a better understanding of the real estate scenario in Ahmedabad let’s have a look at the property prices in some of the prime locations.
|Location||Price per sq.ft in Rs. (Residential)|
* All above information is on the basis of research and analysis made by BharatEstates.com and may vary from other information sources.The above presented facts and figures are based on the analysis made by team BharatEstates.com. Prices may vary based on factors like type of property, location and current market trends. Data may differ from other sources of information as well.