Monday 30 March 2015

Gota, Mani Nagar and Bopal, 3 pocket friendly realty investment destinations in Ahmedabad

Developments along Gujarat have enticed many real estate developers from across the country to enter the realty market. The growing physical infrastructure and upcoming projects sure make this state one of the most sought after investment destination. But with the state being so huge- various pockets have seen tremendous growth and one city that is brimming with construction activity is none other than Ahmedabad. Its changing landscape and expanding city limits are luring real estate developer with both local and national presence to announce many apartments in Ahmedabad. And if you are a first time home buyer and are looking towards making a small realty investments- these are the localities you must consider.

Gota
Being a locality that caters to MIGs (Middle Income Group Individuals), Gota has a fair share of high rise buildings that offer generous living spaces at modest budgets. Located along the SG Highway, the vicinity boasts of having established social infrastructure system. The presence of many educational institutions, healthcare facilities and banks have lured many home buyers here. Its great connectivity is another reason why properties here are cited to be most preferred. Proximity to other parts of the city via the SG Highway and the Chandhkeda Railway station have attracted many property developers to enter the market. They are now cashing on these facilities and are coming up with various capital ventures. On an average apartments in Ahmedabad especially in Gota are expected to hover over a price bracket of Rs 2,410 and Rs 3,350 per square feet. However, the prices could differ based on the facilities and specification offered by the property developer.

Mani Nagar
If you are not one of those who likes residing in multistorey buildings, the city is fast becoming a hub for independent homes. And one locality that is dotted by many Apartments in Ahmedabad is Mani Nagar. Situated very close to the industrial zones, the vicinity’s availability of land in large parcels has captivated many builders to come up with integrated township projects and gated community projects that offer exclusive independent homes.
Physical developments and steady growing realty market are enticing many investors and potential property seekers to invest in ‘economical’ homes here. According to current market trends, villas here are estimated to cost anywhere between Rs 3,000 and Rs 3,650 per square feet.

Bopal
Despite being situated in the outskirts, south Bopal and Bopal are neighbourhoods that are cited to be 2 most preferred residential localities in Ahmedabad city. Seamless connectivity via SP Ring Road and affordable housing units drive the realty market here. Surrounded by established localities like Prahlad Nagar and Bodakdev, capital values of homes here are relatively cheaper, thereby attracting many investors and end users.
2 BHK homes here are estimated to cost an average of Rs 3,000 per square feet - however the prices are expected to soar.

From apartments to villas in Ahmedabad- the city has a lot to offer, so if you are on a modest budget and are looking towards making a realty investment that is very light on your pocket- these neighbourhoods are ideal for you. 



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