123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Real-Estate-and-Foreclosure >> View Article

Factors That Have Helped In Furtherance Of Property In Ahmedabad

By Author: Vinay Kumar
Total Articles: 54

After witnessing a period of spurt in real estate development and investment opportunities, tier-1 cities of India are on the brink of saturation. This has led investors to look for alternative markets where realty sector stands a chance and low investment options are available. In that case, Ahmedabad, a tier-2 city, comes as a good pick for developers, investors,and buyers of real estate. The revitalization projects like Bhadra Fort and Sabarmati riverfront have enthused a fresh air into Ahmedabad property market. Such innovative projects are expected to have miraculous effects on realty sector and in the years to come, the residential market shall be able to scale new heights.


The factors that render Ahmedabad properties a competitive edge are many. The rapid pace of urban development that the city is undergoing is at par with tier-1 metros in India. With new constructions getting laid down with meticulous planning, the buyers' proclivity has got a big boost. The planned real estate developments have been the biggest draw for foreign investors to roll out big bucks on the projects. According to 2011 census data, Gujarat city ranked first in rate of urbanization. With such a distinction, the number of migrants to the city has increased manifold.


Good physical and social infrastructure, up-to-the-mark connectivity to other cities, and the rising IT sector are the prime factors that have played an important role in furtherance of residential property in Ahmedabad. These determinants have also flared-up the retail investments in the city. According to the reports of Jones Lang LaSalle, city carries a significant potential for blossoming of retail market. The key derivatives like proclivity of buyers and synchronized demand-supply ratio have brought the city at par with tier-1 cities, in terms of realty development.


The spurt in commercial spaces, driven by high demand, is one of the other factors that has aggravated Ahmedabad property sector. With best performing cities facing a crunch of space, Ahmedabad has become one of the most preferable locations for setting up offices. With new office setups, a significant number of job opportunities have clocked in. Affordibility factor has also been the key for the predilection of end-users to opt the city for meeting their dwelling needs.


According to the statistics of National Housing Board(NHB), the Residex index in Ahmedabad underwent an increase of 3.2% in the third quarter of 2013. The growth is an indication that the city's performance in real estate has been commendable. Low operability cost is yet another determinant that has gone well with city's reality market.


Makaan.com is an india property sites where can buy house across cheap, budget, and luxury segments. It is one of the leading property sites that features residential and commercial Ahmedabad properties. The seekers of property in Ahmedabad can make a selective search online.

Total Views: 71Word Count: 464See All articles From Author

Real Estate and Foreclosure Articles

1. Reach Garima Properties To Get The Real Value For Money
Author: Garima Properties

2. Start Your Own Brokerage By Availing Real Estate Broker License Florida
Author: johnvinly

3. Suggest New Launch Flats In Meerut Road Ghaziabad
Author: Priya Garg

4. Decide The Location First While Looking For Grand Forks Property For Sale!
Author: Lakefront property for sale, Grand Forks property

5. How To Differentiate Your Construction Work From Competitors
Author: Mark Trescothic

6. North Barrington Homes For Sale Real Estate Market Report November 2017
Author: John Herman

7. What Factors To Consider For The Right Houston Corporate Housing?
Author: Candice Wheat

8. 2 Bed Luxury Apartments On Sarjapur Road
Author: Mana Projects

9. Best Time & Places To Visit In Mumbai - A Beginner's Guide
Author: Vijay Patel

10. Ferozpur Highways: A Growing Hotspot For Buying Properties
Author: Finstem Group

11. Bhartiya City Nikoo Homes Name Of Fabulous Life
Author: FULL BASKET

12. Short Sale Vs Foreclosure: How Do They Work And Which Is Better?
Author: simsrealestatesolutions12

13. Homes For Sale Toano
Author: Erin Melton

14. Luxurious And Comfortable Homes To Live At Kolte Patil, Mirabilis!
Author: Kolte Patil Mirabilis

15. Prelaunch Offer Of Bhartiya City Nikoo Homes In Your City
Author: Full basket property is a leading property seller

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: