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Ahmedabad Properties and Real Estate Bazar Survery ….
Ahmedabad is considered as the commercial capital of Gujarat. It is also the hub for many industries like the textile, pharmaceuticals, chemicals, metals and minerals and gas. It owes a lot to the Indian education system by providing some premier educational institutes like IIM and NID. With both education and industries supporting the city, it has even gradually started establishing itself as a very good prospect for residential set up too. Thereby providing a big boom to the real estate industry. The Ahmedabad property bazaar shows that in the past decade the real estate has seen a major development and growth. All owing to the progressive policies and the development plan of the governance.
Today’s ahmedabad real estate bazaar is consider amount top and best cities in gujarat, india for investing in agricultural properties, industrial properties, commercial properties, residential properties. More you think less you profit. You can invest even eye’s closed.
Ahmedabad property bazaar report presents the city being slowly turned into one of the most promising real estate investment destination for Gujarat, India with high returns on investment. Even office space investments have experienced significant growth as per the Ahmedabad property market report along with commercial property value showing a rise of about 20-30%. Along with this residential property rates have also appreciated to about 50% over the last few decades. Office space appreciation is seen in areas like Prahladnagar, Ashram Road and few areas of eastern Ahmedabad. Whereas as per the Ahmedabad property market report residential areas like Bodakdev, Nicol, Nava Naroda and Vastrapur have experienced considerable appreciation in rates.
The Ahmedabad property bazaar earlier showed residential development was limited to individual bungalows whereas now apartments, penthouses and flats are more in demand and are being constructed more to meet the demand. Though bungalows are still found in outskirts of Ahmedabad, however, high real estate prices, scarcity of land have together given more opportunity to apartments and high rise buildings to accommodate the same.
The Ahmedabad property bazaar further shows that office spaces have seen a considerable appreciation due to set up of many domestic as well as global companies in Ahmedabad. Even the retail bazaar in the city has experienced a good amount of expansion. Especially the restaurants providing quick service along with retail banking is on the boom. They have superior infrastructure along with planned residential location. In fact an increase in investments from the NRIs is also providing the necessary boost for the real estate market in Ahmedabad. Also the governance has strategically planned its development in providing both job opportunities along with residential set ups. Thereby enhancing the real estate bazaar.