Ahmedabad has always been a favourable residential destination for people for various compelling reasons. Housing a number of IT/ITES companies, textile mills, manufacturing companies, pharmaceutical companies, and more, it contributes a commendable part of the state's economy. It is also known for housing various popular educational institution such as CEPT, IIM and NID. With all required amenities, developed infrastructure, numerous job opportunities and more, what else can one ask for more than this to invest on any properties in Ahmedabad?
With that said, the real estate in Ahmedabad is always on a high peak with a perfect equilibrium of demand and supply. Ahmedabad is one of the few cities in India where you can buy affordable flats without compromising on any basic amenities. While Ahmedabad on the whole is a realty hot spot, there are few locations in and around it that offer apartments at affordable prices. If you are looking out to buy 3BHK flats in Ahmedabad for a reasonable price, then you will have various choices of locations left before you.
Satellite
Situated on the west of Ahmedabad, Satellite is the developed locality that offers affordable houses and properties in Ahmedabad. The inventory of both residential and commercial property in Satellite is very high to meet the demand from midlevel income group people. With a number of popular educational institutions, hospitals, entertainment centres, shopping malls, cinemas, and more, Satellite makes a best place for families to invest and live in. With a fast developing physical and social infrastructure, well-laid roads, connectivity, and transport, it remains as a desirable realty destination for many in the recent years. Even the capital values of properties in Ahmedabad Satellite is also reasonable and are escalated by 22% this year for which it attracts a number of potential buyers. This high appreciation rate have drawn investors towards it.
Bopal
Bopal which was once a satellite town & Gram Panchayat is now a municipality in the Ahmedabad district. Bopal and its neighbouring village Ghuma have been merged and granted a 'municipality' status in February 2015. It also forms the western part of Ahmedabad. With a comparatively lower cost of living, it is considered as the best place for middle income group people. It is because of this reason, Bopal offers affordable 2 and 3 BHK apartments in Ahmedabad. Availability of huge land parcels in this locality make it possible for investors to buy properties in Ahmedabad Bopal for affordable prices. So they are able to offer well-built apartments with all civic amenities at reasonable prices.
Gota
Gota a popular suburb of Ahmedabad is well known to offer affordable apartments. Located on the SG highway, it has attracted so many construction projects in recent past. The availability of land parcels at lower prices is the main reason that attract investors here. Investing comparatively lower prices on land, the builders are able to offers best living spaces at affordable cost, which lures middle class people to invest here.
Some of the other localities where you can find affordable properties in Ahmedabad includes Surat, Kodakdev, SG Highway and Motera.
