Ahmedabad – The Rising City Of Vibrant Gujarat
Ahmedabad’s real estate market has witness a rapid pace of development compared to other cities of India and this is the mostly driven by the high rate of industrial growth, states by a professional service and investment management firm. Quality infrastructure, highly competitive real estate costs along with a robust law and order systems makes Ahmedabad a desirable residential and business destination.
The residential real estate market in Ahmedabad is diverse. Residential units in the affordable category are available alongside house and apartments in the ultra-luxury category. The advance retails landscape of the city also attributes the residential real estate worth. The GIFT City (Gujarat International Finance Tech City) that is proposed to be developed as smart city is also giving a fillip to the real estate value of the city. Ahmedabad has quality public transports inform of BRTS (Bus rapid Transit System) and the best part is that Ahmedabad Bus Rapid Transit is the most successful in the country.
The Bus Rapid Transit has given a facelift to the outskirts of the city. There is also a plan to increase FSI and have a transit-oriented development along the BRTS corridor. These will further boost economic activity in this city. The City also has the Sabarmati riverfront project, which plans to provide large open spaces for public use. In additions, there is a proposal to connect Gandhinagar with Ahmedabad, using the metro system. This is expected to increase real estate price along certain sections of the metro corridor between Ahmedabad and Gandhinagar. Apart from the proactive development approach of the government and local authorities, Ahmedabad has another advantage- the cost of living is relatively lower compared to other large cities of India.