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One always harbours a dream of having a home of his own. As a result, in last three years, the city has witnessed resurgence in the trend of affordable housing schemes.
Across all the four corners of Ahmedabad, there has been a sizable demand for affordable yet quality housing projects. This is now a lucrative segment for both, big and small realtors who are looking to make decent profits through good housing schemes which are pocket-friendly for middle-income group. As a result, many good projects are coming up in the city and even new ones are gaining popularity. Let’s have a look at few emerging areas of Ahmedabad.
Located in the western region of the city, Bopal has seen unprecedented scale of real estate development. One of the main advantages of this region is that it is quite close to SG Highway, which has a large concentration of well-developed markets, chain stores and malls. Affordability being a driving force, realtors have kept the prices low keeping in mind the purchasing power and the cosmopolitan nature of the crowd coming to the area. According to Mehul Patel, a real estate developer, “The main reason for the growth of this area is availability of cost-efficient flats in this area. Bopal can be a very good option for those who are looking for budget homes.”
Due to its proximity with Ahmedabad and Gandhinagar, Chandkheda is growing very fast and has many affordable housing schemes. With good infrastructure development in the region, it has become a house hunter’s paradise. Moreover, connectivity with the other parts of the city due to BRTS facility and a good network of roads is an added advantage. The region is just 15-20-minutes away from the airport, railway station and SG Highway. Even Infocity is just at a stone’s throw distance from the locality. As a result, Chandkheda serves as a good option for house hunters.
New Maninagar is located in the southern part of the city. Few factors which have contributed to the realty growth here include the expansion of the Ahmedabad Municipal Corporation (AMC) limits, nearness to the industrial area, increasing connectivity and robust development of other basic infrastructural amenities. Besides this, the basic amenities like electricity and water supply as well as efficient transportation system have provided a suitable background for the residential realty sector growth in this particular area.
If you are in search of an affordable house and want to enjoy the concept of community living, then New Ranip should be on your checklist. New Ranip is a township carved out of the region that starts after GST Crossing adjacent to Old Ranip. Due to its proximity to Mehsana, Deesa, Palanpur, Kadi, Kalol and other adjoining areas and to SG Highway and other parts of the city, the demand for residential property is increasing in new Ranip. This area mainly offers budgeted flats. Those looking for new and modern houses at cheaper rates and backed by upgraded infrastructure, new Ranip can serve as a good option for them.
In a nutshell, there can never be a time when people won’t be in the need of a house. Everybody needs a home to live in and with the rates in the already developed areas soaring high, people are now moving towards new places. Thus, you can consider these areas while looking for your dream home in Ahmedabad.
Source: Times Property, The Times of India, Ahmedabad