Ahmedabad— the largest city of Gujarat — was largely thought of as a trading hub. Today, it is much more than that. The city is providing extraordinary returns on the real estate front, and is one of the most exciting investment destinations in India today.
Residential property appreciation in Ahmedabad has been to the tune of 50% over the last three years. The areas currently commanding the highest demand for residential space are South Bopal, Bodakdev, Vastrapur and so on.
Approximately 16 million square feet of built-up residential space has been built in Ahmedabad over the last four years alone. Another 23 million square feet is currently under construction, and a further 30 million is proposed in various parts of the city. This amounts to approximately 70 million square feet of residential real estate, of which the Western part of the city will account for 47 percent, followed by 19 percent in the Southern part and 17 percent each in Northern and Eastern parts of Ahmedabad. [Source: Internet]
The Western part of Ahmedabad is definitely emerging strongly and it will continue to gain momentum in the future.
Ahmedabad is fast developing and booming city in real estate sector. The Real estate companies works on various projects. There are a lot of upcoming residential projects in Ahmedabad with best amenities and features.
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