Sunday, 12 June 2016

Property in Ahmedabad



Even though Ahmedabad is not an IT hub as Bangalore, Hyderabad or even Chennai are, it still has what all these cities don’t, generations of business minded families deft in business and trade. Youngsters in Gujarat start to learn business when still in their teens. By the time these young people start college they know the ins and outs of their family business nearly as well as their parents or uncles.  


Living in Ahmedabad is not as expensive as say in Mumbai or NCR, and although the city does have pockets of luxury housing, the city also has more affordable housing in neighborhoods like Gota and Ranip.
If the buyer is keen to own property in Ahmedabad, Gota offers apartments in Ahmedabad for less than 40 Lakhs. One such development by Godrej, one of the top builders in Ahmedabad, offers a little over 1000 square feet of carpet area.  These 2 BHK flats constructed by a reputable and nationally recognized builder offer great value for money as the project has already appreciated by nearly 13% over the past 3 years.

Among upcoming projects in Ahmedabad, yet again at Gota is by a developer known as Savvy. It offers 1 BHK studio apartments price close to 15 Lakhs, the yet to be launched project is expected to be completed by 2019.
Other low budget flats include the opportunity to own real estate in Ahmedabad for under 36 lakhs. An upcoming development at Gota, under construction by Unique offers 2 BHK flats for with a carpet area of a little less than 1200 feet. This project by Unique provides the option to pay only 20% upfront with the rest to be paid upon possession.
As evident by the examples above, Gota in Ahmedabad offers a wide array of affordable flats in Ahmedabad. There are plenty of other locations in Ahmedabad which give one the option to own property in Ahmedabad at affordable prices.
Vatva and Koteshwar are some other localities which offer affordable housing in Ahmedabad. One such developer Om Shanti Developers offers the buyer the opportunity to own a 2 BHK low budget flat for less than 10 Lakhs. 

If one is not keen to own apartments in Ahmedabad and has the budget, then purchasing luxury villas in Ahmedabad may be suitable. Luxury villas in Ahmedabad at Satellite, one of the most upscale localities in the city may cost you over 2 crores. As Satellite is one of the most desired locations in Ahmedabad the size of the villa is a modest 350 square yards.

As one can assess from the statements above, property in Ahmedabad caters to virtually all segments of the population who can afford to buy their own home. From budget apartments which cost less than 15 lakhs to luxury villas in the center of town priced over 2 crores. 

Depending on your taste and of course your budget you are free to choose where you wish to buy a home in the city. As the largest city in the prosperous state of Gujarat almost any property purchased in the city makes for a good investment.

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