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Real Estate Ahmedabad
 
Ahmedabad, one of the most progressive cities of India is the best place to invest at the present scenario as the realty sector of India is showing great promise due to the favourable FDI policies. So this is the best time to materialize a property deal in one of the most evolving cities of India to get high return on investments.

Investment in Ahmedabad
If you've any desire to invest in Ahmedabad, the budding city of India, then you're in the right place as our site has tied up with India's best and world class builders, promoters, constructors and real estate agents for providing you the ultimate Real Estate solution and best Property Deal.
Ahmedabad, a commercial center, is also known as the Manchester of the East because of its once-booming textile industry and it's the largest city in the state of Gujarat. It's an important industrial center, with a good number of chemical and textile industries and the city is one of the fastest developing cities in India with large roads and notable architecture.
Ahmedabad offers unique shopping opportunities and some of the wonderful tourist places to rejuvenate the life of its residents. The city also serves as a prominent place of learning as it houses some of the premier institutes such as I.I.M.A, I.H.M, N.I.D and N.I.F.T.

The city is well connected with the rest of India so a property investment in this place will be hugely profitable one. Due to the emergence of India as an across the board low cost base, property investment in any city of India is attractive enough for Non-Resident Indians (NRIs) and multinationals to relocate in the country. More than one hundred of the Fortune 500 companies have a presence in India, as compared to only 33 in China which shows the true worth of Indian soil.

Foreign investments in Ahmedabad is highly advisable as it'll make you earn high return on investments, as the FDI policies in India are among the most liberal and attractive in emerging economies. So, invest in Ahmedabad, India and be a part of one of the most promising economy.

is a platform for each and everyone dealing with Real Estate so if you are a buyer/seller/builder/contractor/interior designer then kindly contact us for your concerned requirement.
 
Commercial Property in Ahmedabad
 

Office Space:
Investment options in Ahmedabad commercial property include property for office space, retailing, hospitality and many other options in all ranges and categories. Ahmedabad has excellent prospects for growth and real estate appreciation. Real estate, retail and financial services are seeing favorable times in Ahmedabad. Most leading private banks and nationalized banks have branches in the city.
The BPO (Business Process Outsourcing) boom in Ahmedabad and Gandhinagar is fuelling demand for commercial properties in Ahmedabad like never before. Promptly following in the steps of BPO hubs like Pune and Bangalore, Ahmedabad is all set to fulfill the office space needs of MNCs who plan to set up shop here. Cheap real estate prices have become a boon for some 40 small and big BPOs already operating in the city. For instance, Mphasis BFL Ltd has leased 10,000 sq feet of office space.
The rates if compared will give a clearer picture of the modest prices prevailing in the city. The capital value for office space in Ahmedabad is in the range of Rs. 1,200 to Rs. 4,000 per sq. ft which is up for Rs 1,200 per sq ft. In comparison, similar spaces will between Rs 2,000 and Rs 3,000 in Pune and anywhere between Rs 3,000 and Rs 5,000 in Bangalore. The yield on investment hovers around 10%-13 % for officespace.

Retail Space:
Ahmedabad figures among the top five Tier II cities in spending power and retail potential. The value of retail space in Ahmedabad varies from Rs. 5,000 to Rs. 10,000 per sq. ft and the The yield on investment hovers around 12%-14 % for retailing.
The city has become a focal point for retail activities. Big retail chains like Star India Bazaar, Shoppers' Stop, Big Bazaar and Pantaloons are entering the retail market in Ahmedabad. Apart from this, a number of international brands have shown interest. Retailing is very much on the upswing with the highest number of malls and multiplexes in the country located in Ahmedabad.
SG Highway is the main commercial hub. There is frantic construction work underway for more supermarkets and big malls. Max Lifestyle has also taken up space. Local players such as V-Mart are expanding. Pantaloon group has chosen Ahmedabad for opening more than one Big Bazaar outlets. Big Bazaar works along the same lines as the economy model pattern of Wal Mart.
IT giant Acer has opened three new malls in different areas of Ahmedabad with the partnership of leading IT hardware companies, Drupa Electronics, Source Communication (Karnavati Infotech) and Balaji Infotech. The move will ensure better outreach and comprehensive product knowledge and convenient access to the consumers.

 
Residential Properties in Ahmedabad
 

Real estate Ahmedabad comprises flats, apartments, serviced apartments and bungalows, penthouses and townships. Small residential developments with bungalows schemes or apartment complexes are common. There is also a lot of demand for low-rise premium property.
The size of the residential market in Gujarat makes it the best time to invest in real estate in the city. From the previous year, property prices in Ahmedabad have increased by 10%-15%. Going by the number of bungalows and apartments being planned, Sola Road, Vadaj, Ghatlodia, and Gandhinagar are going to be hotspots residential properties in Ahmedabad. Areas like Sheila, in South Bopal, and Ghuma, beyond Bopal are apparently good for bungalow schemes.

New Age Township projects in Ahmedabad
There is a new found craze for setting up township projects in Ahmedabad. Areas around Ahmedabad towards Gandhinagar are also up for grabs. The Adani group is planning a Rs. 2000 crore plus mega township near Nirma University on SG highway. Other players eyeing the real estate market pie are also big names like DLF, K Raheja Group, Unitech, Parsvnath and some others.
Ahmedabad residential real estate with new kinds of planning is becoming a trendsetter of sorts. A golf housing community project situated close to the Nal Sarovar Bird Sanctuary will be the first of its kind. The 600 acre Kensville project will have residential plots on the fairways. The Sahara Group has recently announced an integrated township project a shopping mall, multiplex, hospital, post office and petrol pump. It will offer eight categories of flats with the prices varying from Rs 5 lakhs to Rs 37 lakhs.

Moreover, the capital value on offer for residential properties in Ahmedabad is fairly low, reasonable and affordable in comparison to other Tier II cities in India. The rates vary from Rs. 600 per sq yd to Rs. 1100 per sq yd for plots ranging from1000 sq yd to 3500 sq yd. The prices are amazingly low. A 4-BHK apartment with Jacuzzis, shower cubicles, air-conditioned foyers, gyms and terrace gardens with lawns commands Rs. 70 lakhs in Ahmedabad.
The upmarket locations in Ahmedabad have prices lower than what would match their snob value. Even apartments under construction are giving a 20% appreciation in two months. The current average rate for residential property in Ahmedabad is Rs. 1400 per sq ft to Rs. 2000 per sq. ft. A smaller budget will mean Rs. 1000- Rs.1500 per sq ft for a 3-BHK apartment.
NRIs with post retirement plans to return to India can now have better reasons to invest in Ahmedabad rather than in any other Indian city when they complete their stint abroad. Ahmedabad real estate also calls for investment plans at a reasonable price away from home. Mostly NRI buyers who have been bought into the idea of second home on a visit to Ahmedabad after a long time.

New standards
The growing trend for demand in residential properties in Ahmedabad has encouraged many developers to invest in the city. Developers like the Heritage Group have projects of all kinds including bungalow schemes and farmhouse schemes and have plans for service apartments as well to serve IT parks.
There are promising collaborations taking place. Adani, for instance will work with Ahmedabad-based Ashima group's Saumya Constructions on a 200-hectare integrated totally self sustaining township project called Shantigram. The township is slated to be a mix of apartments, individual bungalows, shopping malls, offices and entertainment complexes complete with facilities like a civic centre, golf course, cricket ground, a recreation club, hotels, restaurants hospitals, schools and a couple of higher education institutions.
With growing investment opportunities Service Apartments has come to be seen as a better and affordable alternative to a hotel room for those traveling to Ahmedabad for vacation or for work. It offers the comfort of home without the hassles involved in getting utility connections, furniture purchases, maid services and expensive rental deposits.

 
Corporates and MNCs in Ahmedabad
 

Ahmedabad is the largest inland industrial centre in western India and has served as an important base of commerce, trade and industry.
Ahmedabad has claim to fame came for being home to the first Indian textile mill known as the Ahmedabad Spinning and Weaving Company Limited. A series of textile mills including the Calico Mills in 1880 and many such textile mills are part of its legendary status. Arvind Mills, one of India's leading composite manufacturers of textiles is headquartered in Ahmedabad.

Chemicals and pharmaceuticals industry also thrives in Ahmedabad. Americos Industries, specializing in production and marketing of high quality products like enzymes, garment wash, auxiliaries, smart colourants and dyestuffs has its headquarter in Ahmedabad.
Zydus Cadila and Torrent Pharmaceuticals, leading pharmaceutical companies in India have their headquarters here. Paras Pharmaceuticals, a reputed health and personal care company that manufactures products for day-to-day health and hygiene has its manufacturing plants located near Ahmedabad.
The city serves as the corporate headquarters of the Adani Group, which is a leading multinational trading company with revenues of $3.5 billion. The Adani group's core business includes commodities trading, edible oil manufacturing, industrial construction, Mundra port operations and distribution of natural gas.

The corporate headquarters of the Nirma group of industries which manufactures products ranging from cosmetics, soaps, detergents and salt and runs a large number of detergent and chemical industrial units is in Ahmedabad.
In the recent times, IT and IT-enabled services (ITES) and Business Process Outsourcing (BPO) companies have preferred to set up and run their offices here.More than 40 companies, including Microsoft and Tata Consultancy Services (TCS), which is part of Asia's largest conglomerates and most respected groups, are already present at Creative Infocity.

Some foreign companies have set up their sales offices and production facilities in Ahmedabad. Prominent among them are Bosch Rexroth; Germany, Stork, Rollepaal and Johnson Pumps. In the power sector, Torrent Power Limited, a part of Torrent Group is an integrated electricity generation, transmission and distribution utility. It is the sole distributor of electricity to cities of Ahmedabad, Gandhinagar and Surat.
Ahmedabad has two local FM stations. Satellite radio was launched in the city by WorldSpace in 2005. A network of optical fibre cables connects the entire city. The city's telephone service providers are landline and mobile operators like BSNL, Reliance Infocomm, Airtel, Hutch and Tata Indicom. The Gujarat film and television industry is also coming up.

Investment opportunities and real estate growth have encouraged any banks and Housing Finance Companies (HFCs) to start operating from Ahmedabad. Bank of Baroda established its first branch in Ahmedabad. The Cosmos Co-operative Bank Ltd (Cosmos Bank) one of the oldest .Urban Co-operative Bank in the India which offers core banking solutions has a branch in the city.

 
Future Outlook - Ahmedabad
 
The economy of Ahmedabad is exhilarating due to the huge growth in the industrial sector and of late the service sector. Real estate demand of housing, commercial and retail space is on the rise as builders in Ahmedabad work on major developments. All categories of property needs are being catered to.
Both the industry 'entrepreneur fraternity' and the State Government are joining forces to give Gujarat a stable economic background and present it as a model state. A general 'feel-good' mood can be felt in the market conditions in Ahmedabad too.
 
»  The declaration of Ahmedabad as a mega city in the last Union Budget has also provided a fillip to the real estate activity, generating greater  confidence among the developers. The Central Government had announced that it will invest Rs. 5,500 crores across seven mega cities in the  country and liberalization in tax policies.
»  The Gujarat Institute of Housing and Estate Developers has shown keen interest in promoting Ahmedabad as an investment destination.
»  The influx of companies, retail chains and IT parks has necessitated construction of more buildings in the coming years and more real estate is  being acquired by developers.
»  The existing BPO industry needs to get bigger, according to some real estate analysts. Hence more initial capital investments of around US $10-15  million should be made and led well by strong management teams.
»  The malls under construction can easily boast of a budget of approximately Rs 20-50 crores in investments. The total investment in malls over the  next couple of years will be to the tune of Rs 700 crores.
»  The Sabarmati River Front Development (SRFD) project will focus on improving environment, infrastructure development, public amenities and  land development. The revenues will be used for paying debt through the sale of reclaimed land and real estate developed on the Sabarmati  riverfront.
»  Among the nine special economic zones (SEZs) in the proposal that has been cleared is a Bio-pharma park on the outskirts of Ahmedabad.
 
 
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