Property Market in Ahmedabad
Considered one of the most heavily populated cities in India, Ahmedabad has emerged as a favorite of investors in the Real Estate sector. Demand for Commercial & Industrial Property in Ahmedabad is set to increase even further in light of the developments that are currently taking place in the city, after which the property prices will surely head north here. Property Market in Ahmedabad is in a dynamic state as all segments of Real Estate, be it Residential, Industrial, Commercial or Agricultural continue to be on the path of growth, making the city a magnet for investors.
The city, nicknamed as the “Manchester of the East” in the past, is home to a burgeoning Textile industry and various other industries due to which it is experiencing construction and development on a large scale. The Retail and Cultural industry continue to play a major role in this growth as one of the biggest employers, thus attracting professionals from different parts of the country to settle here; boosting the sales of residential apartments and flats. Initiatives by the government and private players have resulted in many commercial hubs, prompting many MNCs to set up their manufacturing and sales units in the city.
Well-connected to major cities in India through railways and air, Ahmedabad also boasts of having excellent air transport facilities connecting it to major international destinations. Excellent educational and healthcare facilities are also making Ahmedabad property a veritable choice for all.
Ahmedabad has a strong infrastructure and the completion of the Sardar Sarover Dam and Canal projects has increased water and electricity supply here, impacting the demand for housing and commercial space in a positive way. Many firms offering Residential as well as Commercial Property Consultancy Services in Ahmedabad have cropped up due to which Buying, Selling, Renting Flats & Apartments in Ahmedabad has become very easy.
The realty market has given a push to the banks that are coming up with more schemes to meet the financing requirements, so, in spite of the rising property prices, buying property in Ahmedabad continuous to be affordable.