Why Ahmedabad is the ideal place for property investment?
The largest city of Gujarat, Ahmedabad, has now become a prime industrial hub of the country. The city has shown tremendous development in sectors including communication, construction, and commerce with the enlargement of expeditious infrastructure development and ultra-progressive policies. In return, the city has been providing unrivaled returns on the real estate front.
Ahmedabad has now become one of the most exciting landing-place for real estate investments in India. It has witnessed a boom not only in the residential market but in the commercial segment too there is a significant price rise, in areas such as SG Highway, Prahlad Nagar, Ashram Road, and some other parts of Eastern Ahmedabad. The demand for property in Ahmedabad has majorly escalated because of the growing interest of investors and the Non-Resident Indians to park their money safely in this city due to a few of the following benefits.
Well-developed infrastructure has played significant reasons in the growth of investor interest in Ahmedabad. The concentric road network of the city with its additional development of the public transport system which includes connectivity through the metro and the exemplary Bus Rapid Transit System (BRTS) has not only put a stop to congestion across the city but has also advanced the expansion of the outlying areas. Thus Ahmedabad witnesses a quiet low level of congestion as compared to other cities in the nation.
Smart City Project:
The Ahmedabad Smart City Project is increasing its demand in the future by building a dream project for Gujarat. This project is a stepping stone that will lead this city among the first 20 smart cities of the country, competing strongly with other metropolitan cities in terms of its connectivity, integrated transport network, inclusiveness, and flexibility. Smart City project has been recognized as a global IT and financial services hub, which is predicted to create nearly one million job opportunities in the future. Thus it is motivating many top builders and developers to come up with new projects here and thus Ahmedabad is increasing in popularity among real estate investors and projects under construction in this city.
Commercial Growth & Civic Amenities:
New industrial setup in the city, BPOs, KPOs, IT companies, multinational companies, etc are leading to an increase of ROI in the field of the commercial estate in Ahmedabad. This escalating footprint of many multinational and global corporations is adding fuel to the demand and development of both residential and commercial real estate in this city.
Ahmedabad is situated on the side of the Sabarmati River, a safe city brimming with humble and friendly people. On the contrary, the cost of living is low as compared to other political cities, this city is booming with the finest educational institutes of the Nation including IIM Ahmedabad, National Institute of Mass Communication and Journalism, B K School of Business Management, and L J Institute of Pharmacy.
Ahmedabad provides ample job opportunities as it is known as a center for pharmaceutical, chemical, and textile industries. Besides these, the city is also famous for the largest exporters of gems and jewelry in India. Thus a seamless increase in employment opportunities, development of the Ahmedabad-Gandhinagar twin city region also motivates the increased customer preference in Ahmedabad.
Rentalhelpline.com has contracts with a large number of reputed developers with a plethora of projects in the city that can be preferred for real estate investment even by the lower and the middle-income segments, providing different price brackets to suit the needs of all types of investors. We impede all real estate needs of buyers, sellers, agents, and almost everyone who wants to deal in Real Estate.
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