Ahmedabad, one of the fastest growing cities in the world, is witnessing massive development in the realty sector. This is making an impact on its commercial and residential growth scenario. Experts at Savaliya Group, one of the leading real estate companies in Ahmedabad reckon that the city will continue to undergo major infrastructural changeswith the launch of new residential and commercial projects.
A number of real estate hubs around the Sarkhej-Gandhi Nagar Highway (SG Highway) are attracting investors, as it is the most important highway connecting Ahmedabad with Gujrat’s capital Gandhi Nagar. Both the cities are renowned industrial hubs, attracting working population from all over the state. The demand for residential apartments was already high, but it has been further fuelled by the popularity of the SG Highway.
Many real estate builders like Savaliya Group are coming up with modern residential solutions. They have built several residential apartment with all the modern amenities incorporated in each of the apartment, within affordable prices.
Krish homes, Krish Atulya, Krish Exotica, Krish Bungalows, Monarch City I, Monarch City II, etc., are some of the well-known projects completed by the group. All the projects are equipped with facilities like lush green lawns, spacious ground for children, intercom system, gymnasium, power back-up and much more.
Reports suggest that the prices are further going to shoot up in the city, as the returns on investment are very high. Apart from this,the city of Ahmedabad is also home to institutes of excellence like the Indian Institute of Management, the National Institute of Design and the Centre of Environment Planning and Technology. Furthermore, the Ahmedabad Urban Development Authority (AUDA) has recently authorized plans to establish a central business district on Ashram Road to upgrade the Sabarmati river front.
The city is located on the banks of river Sabarmati, which divides it into two parts. The eastern side is the old city with the main railway station and the general post office. The western side is full of educational institutions, shopping malls and the better planned residential areas. The main residential areas of Ahmedabad include Shanibaug in the north, VastraPur, Thaltej, Satellite in the west, and Maninagar, Kankaria and Chandola Lake in the south eastern side of the city. A lot of development has been witnessed on theSardar Patel Ring Road as well.
Real estate developers like Savaliya Group have built several residential projects in and around these areas. They are coming up with more residential as well as commercial projects in these real estate hubs. Realty development in Ahmedabad is going vertical with a huge number of projects springing up all over the city and the trend is likely to continue in the future.