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 Property in Ahmedabad - Real Estate Ahmedabad Discussion
This Indian metropolitan city was once lovingly called the `Manchester of the East`, all thanks to its roaring textile industry. The Gujarati city is also the fifth largest city in India and is famous for its economic prowess, which means that it is also an attractive destination for real estate investors. The property in Ahmedabad has emerged as a prime spot for this segment as it is considered to be driven by investors who usually cater to tenants that come here while seeking livelihood. Although Ahmedabad is a historical city and is a major tourist spot yet, with major infrastructural projects coming up it now plans to reinvigorate its image of that of a sleeping modern cosmopolitan city. Already, this city boasts of Persian architecture in most of its parts while it also has a strong industrial environ for sectors like textiles, chemicals, pharmaceuticals and drugs, besides several others. Connectivity is strong in this city, as the Sardar Vallabhbhai Patel International Airport is just 15 km away from the city center while the railway station is also within reach. The National Highway 8 too is an asset in ensuring that Ahmedabad remains well connected with Mumbai, Delhi and Gandhinagar. To add to this envious list is National Expressway 1, which is the part of the Golden Quadrilateral project that would connect Ahmedabad to Vadodara. The major infrastructural projects that have been started in the city are Metrolink Express for Ahmedabad and Gandhinagar, National Highway Development Program, Phase - V, Development of Ring Road and Housing for EWS (Economically Weaker Section). The property in Ahmedabad also has several thriving opulent projects that are seeing a boom after aptly driven by investors who in turn thrive on huge discounts and deals that dealers offer here. Ahmedabad can therefore be called a place that has captured the imagination of developers and investors alike and is offering a lot to both the segments