Ahmedabad, the industrial capital of Gujarat is a one of the most admired cities in India. Infact, Gujarat ranks seventh in terms of size of Indian cities. Due to its rich natural and commercial resources along with excellent infrastructure, the state has been going through rapid economic as well as industrial development.
The capital value offer for residential and commercial properties in the city is quite low, reasonable and affordable compared to many other cities in India. This is attracting many property developers in India to invest in Real estate sector. Additionally, this city had been of special attraction to the NRI’s. All these features are a clear indication of the fact that building or buying a new built property is one of the most best and profitable investments that you can make in Ahmedabad.
Ever since its declaration as a Mega city by the Centre, Ahmedabad has been developing at a rapid pace. The flyovers and roads are getting better with passing days. The city offer World class educational institutions and is a favorite spot for many youngsters. Furthermore, Ahmedabad enjoys strategic location advantage of being well connected to Mumbai, the commercial capital of India. Even Western, Middle East and African markets are well accessible too. This is boosting the industrial development of the city.
Retail and information technology are the major upcoming sectors in the city. A number of IT parks have already been set up. Additionally, investments in Auto parks and Heavy Industries have been increasing too. The government has been working to develop infrastructure by privatizing ports and building integrated townships.
Leading builders in India are working in Residential and Commercial sectors in different locations across the state. Various apartments, multiplexes, residential bungalows, luxury villas and townships are being developed in large numbers. Leading housing companies like Pacifica, Star Estate Management, Royal Orchid, Siddhi developers and others have been working successfully in Real estate sector in the state. With growing demand for property in the state, the companies are developing and offering apartment buildings for sale, commercial building for lease and even helping people to sell properties. With further infrastructure development, this sector is expected to reach sky limits in terms of demand and profit in the coming days.