The Prelude: With the burden constantly increasing on metropolitan cities to provide quality living conditions at affordable prices, the focus of both builders and investors is shifting towards other high profile cities. In this context Ahmadabad have loads to offer.
From ages known to mankind, Indian people have been searching for the right blend of high living standards and low investment that can give them the ultimate value for money accommodation option. In the quest to find such a combination in real estate, the focus has significantly shifted to the cities that were previously not so much in demand. Ahemdabad is one of those cities that have recently caught the attention of realtors of India. Many big names in the real estate industry have found the land in city of Ahemdabad to be promising in terms of return value in the future.
Ahemdabad, being the centre of trade and commerce in Gujarat has been a magnet for lot of people who are coming here in the search of earning a livelihood. Seeing the extent of modernization that has affected the living standards of the city, Ahemdabad is becoming the hot favourite of many businessman and high profile people for living. Not only this, the current scenario also offers budget apartments in Ahmedabad. The 2 BHK, 3 BHK and 4 BHK apartments and flats are in quite a high demand. Whereas the heart of city offers a variety of townships offering royal facilities at sky rocketing rates, on the other hand localities like Bodakdev is the budget choice for common man.
The 4 BHK flats in Bodakdev –Ahemdabad ensures the catering of all the basic amenities such as power and water backup, security, eco-friendly environment, health clubs and good infrastructure. People are investing a lot in the region seeing the potential of the area. Ahemdabad in near future is going to be the next big thing for IT companies. The reasons favouring this change are availability of cheap labour and resources and presence of highly intellectual and industry –ready workforce. The premier educational institutions in the region are already providing the Western India with brilliant pool of engineers. These factors highly support the growth of the region as an emerging IT centre in the west.
Talking about the current rates, 3 and 4 BHK flat in Bodakdev can cost anywhere between INR 2500 to INR 6500 per sq. feet. The price depends on many factors. The few of the aspects governing the rates of flats in Bodakdev are as follows:
- Facilities provided – While many flats come with high class finish, yet others are very normal. Of course royalty of the living conditions will cost more than normal living standards.
- Backup facilities – The townships and apartments with 24 hour water and electricity backup will cost you at least INR 1500 per sq. feet more than the townships without this facility.
- Nearness to amenities – The projects which are near to main roads and market area are considered to be posh and will cost you much more than other areas.
It is totally up to you that how much you are ready to spend. Apartment in Ahemdabad as mentioned in above points can vary in rates to a very high extent and decision should be taken very wisely.
The Final Verdict
Earlier known for its monuments and traditions only, the city of Ahemdabad has emerged as an iconic city to live in. With loads of choices in residential and commercial property the future of real estate is shining. Returns are promising and this is the right time to invest in property before the real estate explosion takes place and the prices escalate to an unreachable range.
Categories: Real Estate
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