Showing posts with label Ahmedabad. Show all posts
Showing posts with label Ahmedabad. Show all posts

22 Oct 2024

Impact of Sabarmati Riverfront on Ahmedabad's Real Estate Sector

Ahmedabad, a vibrant city in Gujarat, India, has undergone significant changes in recent years, the most notable of which is the development of the Sabarmati Riverfront. This ambitious project has not only redefined the city's landscape but also deeply impacted its real estate sector. In this blog, we will explore how the Sabarmati Riverfront is shaping the future of real estate in Ahmedabad.

Catalyst for Growth

The Sabarmati Riverfront project was aimed at enhancing the city's waterfront, to provide a recreational space for both residents and tourists. Spread across 11.5 kilometres, the riverfront has parks, promenades and a number of amenities that promote a healthy lifestyle. This development has been a catalyst for growth, attracting the attention of both investors and developers.

25 Jan 2015

Savvy Group new project Savvy Strata Prahlad Nagar Ahmedabad - 1 and 2 bhk apartments.

About Savvy Strata:

Savvy Strata Prahlad Nagar Ahmedabad
Savvy Infrastructures was born out of the dream, vision and burning desire of a young person in his early twenties from Ahmedabad, Savvy Infrastructures takes pleasure to presents its residential project “Strata”,  a place where you call it a home. Strata which is strategically nestled at Prahlad Nagar with all the comforts and essentials of an Urban Lifestyle.

21 Feb 2013

Godrej Garden City SG Highway Ahmedabad | Location, Price, Plan,

Godrej Group Luxurious Project in SG Highway Ahmedbad


Godrej Garden City SG Highway Ahmedabad - Elevation
“GARDEN CITY” a truly defined home built by human hearts which you can call it your own. Godrej Garden City is launched by the renowned developer of India Godrej Properties. As this township project Godrej Garden City is wide unfold across 250 acres of land that proposes to deal with over 13000 residences and villas, bound with forty acres of scenic landscaping and large industrial areas. The master plan of the project has been created by world's distinguished architects Skidmore, Owings and Merril (SOM), the world’s renowned New York based architects who have designed various landmark projects across the world.

7 Jan 2013

Residential/Comercial Property in Ahmedabad | Real Estate Industry in Ahmedabad

About Ahmedabad Property - an Overview

http://propahmedabad.blogspot.com
Ahmedabad is the commercial capital of Gujarat and one of the rapidly growing tier II cities of the country. Occupied with different kinds of industries and famous educational institutions, this metropolitan city is the home of huge population that seems to be increasing day-by-day. As a result of this everincreasing population of the city, the demand for commercial and residential property in Ahmedabad is always on high.Housing real estate segment mostly contains of flats in Ahmedabad, apartments in Ahmedabad, serviced apartments in Ahmedabad, bungalows in Ahmedabad, penthouses and townships in Ahmedabad. While saleable commercial complexes comprise shopping centers in Ahmedabad, movie theater complexes in Ahmedabad et cetera. That means a general growth is in full swing all over the city.

11 Nov 2012

Illegal construction

 Pay fee, get OK for illegal construction

The residents of small flats in Rohini may soon be able to legalise unauthorised constructions after submitting a fee to the North Municipal Corporation.
The civic agency passed a motion in this regard on Friday.

31 Oct 2012

Applewoods Township

Applewoods Estate Township

Appplewood new residential project Applewoods Township is one of the popular Residential Developments in Sardar Patel Ring Roads neighborhood of Ahmedabad. Applewoods Township located near Vraj Garden, Shantipure Cross Road, Sadder Patel Ring Road, Ahmedabad. It is among the well known Projects of its class. The landscape is beautiful with spacious Houses. Applewoods Township offers 2BHK, 3BHK apartments and villas. The villas sizes are varying 363 to 786 sq. yd. This project has various modern amenities like Multiplexes & Entertainment zones, State-of-the-art community centre, Play area for children, Sit-outs for senior citizens, Multi-cuisine restaurants & Food courts, Power backup, Cycling & Jogging tracks, Basketball & Tennis courts, Swimming pools.

18 Oct 2012

About Adani Builder

Adani developer :


Since its inception as a trading house in 1988, the Adani Group has diversified into dynamic business groups such as infrastructural development and FMCGs.

A pioneer in international trading and infrastructure development, the Adani Group is continuously engaged in maximizing potentialities by synergistic its multiple businesses.

15 Oct 2012

Godrej Properties Garden City Offers 2BHK & BHK luxury apartments.

Godrej Garden City giving you the options to choose from 2BHK and 3BHK luxury apartments. As Godrej Garden City is one of only two projects in India and sixteen worldwide to be chosen by The Clinton Foundation with the goal of achieving a climate positive development. Godrej Developers have made sure that everyone living in Godrej Garden City live in a safe and secure environment as the project comes with the world's best and top amenities and facilities which enhances the project just the way you have dreamt of your dream home to be with fully equipped state-of-the-art central club offers plenty of space and activities for you to enjoy which spreads over 20,000 sq ft, tennis court, cricket pitch, lift weights at the high powered gymnasium and many more.. At Godrej Garden City you can always be sure of a day well spent.

About GODREJ GROUP

GODREJ GROUP

Established in 1897, the Godrej group has grown in India from the days of the charkha to nights at the call centres. Our founder, Ardeshir Godrej, lawyer-turned-locksmith, was a persistent inventor and a strong visionary who could see the spark in the future. His inventions, manufactured by his brother Pirojsha Godrej, were the foundation of today's Godrej empire. One of India's most trusted brands, Godrej enjoys the patronage and trust of over 400 million Indians every single day. Our customers mean the world to us. We are happy only when we see a delighted customer smile.

14 Oct 2012

Godrej New attractive Project SG Highway In Ahmedabad


Godrej Garden City - There is nothing like staying at home, for real comfort. Godrej Properties has introduced the home of your dream but it is truly defined as home when it is built by human hearts just like “GARDENCITY”. Never build your home in a place. Build a home for yourself within your own head, you will find what you would like to furnish it-memory, friends you'll be able to trust, love of learning and other such things that manner it'll keep company with wherever you journey. Godrej Garden City is truly defined as the first ever 'City within a City'.

13 Oct 2012

About Location of Godrej Garden City Ahmedabad

Godrej Garden City is conveniently positioned in Jagatpur, in the North-West region of Ahmedabad. The project is well within AMC administrative limits. As the project is stone's throw away from the landmark such as Nima University and BSNL Training Institute which is located just off SG Highway one of Ahmedabad's fastest growth corridors. The project is easily accessible with all parts of Ahmedabad making living extremely convenient in Godrej Garden City be it the airport or the railway station you can be there in a minutes. There are few more major landmarks having approximate distances from the project are SG Highway is just 1.8 kms, 14 kms from Airport, 20 kms from Gandhi Nagar, 12 Kms from City Centre and 20 kms from Railway Station.

12 Oct 2012

GoBigg

GoBigg

The residential properties in Ahmedabad have primarily increased its demand in the western parts of the city-Prahlad Nagar, Bopal and Sardar Patel Ring Road. These areas have good facilities and connectivity. Besides these areas - Satellite, SG Highway and Gandhinagar have also seen increase in property rates. Other upcoming areas such as New Ranip and Thaltej are also considered good for property in Ahmedabad.

11 Oct 2012

About Ahmedabad

Ahmedabad

Ahmadabad is the largest city in state of Gujarat (there are 28 states, Gujarat is the westernmost one)and the sixth largest city in India has

a population of over 3,7 million people. The city is also sometimes called Karnavati , an older name and as Amdavad in colloquial Gujarati .

Ahmedabad is the administrative center of Ahmedabad District , and was the former capital of Gujarat State from 1960 to 1970 , when Gandhinagar replaced it.

The city was founded in the 15th century by Sultan Ahmed Shah on the Sabarmati river , and served as capital of the Sultanate of Gujarat. The historic center of Ahmedabad is presently a thriving business district.

Ahmedabad is mainly divided in two parts, the old city, and new city. The old city has developed rather haphazardly, and most of the roads are narrow and crowded during business hours. The new city has well-structured, wide roads. A wide variety of shops and businesses exist in the city.

In addition to its role as a commercial center, Ahmedabad is also an important industrial center, with chemical and textile industries. Ahmedabad is often described as the Manchester of the East, because of its once-booming textile industry. Ahmedabad is a very beautiful city.



History Of Ahmedabad


The History of Ahmedabad begins in the eleventh century with the Solanki King Karandev I, ruler of Anhilwara (modern Patan). He waged a war against the Bhil King Ashapall or Ashaval, and after his victory established a city called Karnavati on the banks of the Sabarmati at site of modern Ahmedabad. Solanki rule lasted until the thirteenth century, when Gujarat came under the control of the Vaghela dynasty of Dwarka. Gujarat was conquered by the Sultanate of Delhi at the end of the thirteenth century.

In 1411 , the rule of the Muzaffarid dynasty was established in Gujarat. According to tradition, Sultan Ahmed Shah, while camping on the banks of the River Sabarmati, saw a hare chasing a dog. Impressed by this act of bravery, the Sultan, who had been looking for a place to build his new capital, decided to locate the capital here and called it Ahmedabad.

In 1487, Mahmud Begada, the grandson of Ahmed Shah, fortified the city with an outer wall 10 km (6 miles) in circumference and consisting of twelve gates, 189 bastions and over 6,000 battlements. Ahmedabad was ruled by the Muzaffarid dynasty until 1573 when Muzaffar II was the Sultan of Ahmedabad. Gujarat was then conquered by the Mughal emperor Akbar in 1573. During the Mughal reign, Ahmedabad became one of the Empire's thriving centres of trade, mainly in textiles, which were exported to as far as Europe. The Mughal ruler Shahjahan spent the prime of his life in the city, sponsoring the construction of the Moti Shahi Mahal in Shahibaug. The armies of the Maratha generals Raghunath Rao and Damaji Gaekwad captured the city and ended Mughal rule in Ahmedabad. A famine in 1630 and the constant conflicts between the Peshwa and the Gaekwad armies virtually destroyed many parts of the city, causing its population to flee. The British East India Company took over the city in 1818 as a part of the conquest of India. A military cantonment was established in 1824 and a municipal government in 1858. In 1864, a railway link between Ahmedabad and Mumbai (then Bombay) was established by the Bombay, Baroda, and Central India Railway (BB&CI), making Ahmedabad an important junction in the traffic and trade between northern and southern India. Large numbers of people migrated from rural areas to work in textile mills, establishing a robust industry.


The Indian independence movement developed strong roots in the city when, in 1915, Mahatma Gandhi established two ashrams — the Kochrab Ashram near Paldi in 1915 and the Satyagraha Ashram on the banks of the Sabarmati in 1917 — that would become centres of intense nationalist activities. During the mass protests against the Rowlatt Act in 1919, textile workers burned down 51 government buildings across the city in protest at a British attempt to extend wartime regulations after the First World War. In the 1920s, textile workers and teachers went on strike, demanding civil rights and better pay and working conditions. In 1930, Gandhi initiated the Salt Satyagraha from Ahmedabad by embarking from his ashram on the famous Dandi Salt March. The city administration and economic institutions were rendered functionless by the large masses of people who took to the streets in peaceful protests in the early 1930s, and again in 1942 during the Quit India movement. Following independence and the partition of India in 1947, the city was scarred by intense communal violence that broke out between Hindus and Muslims.


Ahmedabad became the capital of the new state of Gujarat after the bifurcation of the State of Bombay on 1 May 1960. During that period, a large number of educational and research institutions were founded in the city, making it a major centre of higher education, science and technology. Ahmedabad's economic base was diversified with the establishment of heavy and chemical industries in its vicinity around the same period. But the growth in the next two decades was punctuated by political events in and around the city. In February 1974, Ahmedabad occupied the centre stage in national politics with the launch of the Nav Nirman agitation — a protest against a 20% hike in the hostel food fees at the L.D. College of Engineering that snowballed into a mass agitation to remove Chimanbhai Patel, then-chief minister of Gujarat, on charges of corruption. In the 1980s, a reservation policy was introduced in the country, which led to anti-reservation protests in 1981 and 1985. The protests witnessed violent clashes between people belonging to various castes.

On 26 January 2001 a devastating earthquake struck the city, centred near Bhuj, measuring 6.9 on the Richter scale. As many as 50 multistory buildings collapsed, killing 752 people and devastating the city's infrastructure.

In recent years, the effects of globalisation and the liberalisation of the Indian economy has energised the city's economy. The city has witnessed the establishment of scientific and service industries, the expansion of the information technology sector, and significant improvements in transportation and communications. Ahmedabad's population is growing, which has resulted in a construction and housing boom. However, this has challenged the city's infrastructure and power supply.


source:http://historyinworld.blogspot.in/2012/05/history-of-ahmedabad.html

7 Oct 2012

Ahmedabad Property

Ahmedabad was the capital of Gujarat from 1960 to 1970. The capital was later shifted to Gandhinagar. It is the biggest city in Gujarat. Ahmedabad is steeped in tradition and culture, yet has a modernity that brings people from everywhere.

Ahmedabad is proving to be an ideal city for acquiring residential and commercial property due to excellent infrastructure that the city has and the kind of facilities it offers. The Center's announcement that it will invest Rs. 5,500 crores across seven mega cities in the country of which Ahmedabad is a major development. Gujarat Institute of Housing and Estate Developers has shown keen interest in promoting Ahmedabad as an investment destination.

Ahmedabad has high affluence and several real estate developers in Ahmedabad, brands and organizations are setting their sights on them. There is a strong sentiment for real estate investments; Ahmedabad presents excellent prospects for growth.

6 Oct 2012

Ahmadabad Properties Investment Options

With so many places that offer you different schemes of investment, buy Property in Ahmedabad and you have a great option to gather some hottest deals for yourself. With a lot of industrialization and urbanization on the hook, there has been a lot of development recently.

Real Estate in Ahmedabad is deliberate one of a many flourishing places for investment. So planning to buy property in Ahmedabad is not bad idea. Builders and investors are seemed to be creation their approach to an Ahmedabad to sell or Buy Property in Ahmedabad. Today, one can find several heading Real Estate organization in Ahmedabad and they all are entirely dedicated to yield best accommodations with all a facilities to attract people, so that they can get knowledge of lush character of living. Such companies are informed about customer\'s direct and gripping such things in mind they work on housing projects as good as several other projects to sell or Buy Property in Ahmedabad.

Property in Ahmedabad is considered one of the most improving places for economical financial commitment. Together with financial investment, Residential Ahmedabad Properties also offer Gujarati culture, peaceful life along with comfortable living. The demand for both commercial as well as residential property is apparently increasing with large number of people showing interest in investing here.



Ahmedabad Properties

Ahmedabad, Once the capital of Gujarat and situated along the banks of river Sabarmati, it is the place which had seen the birth of a range of industries. Gujarat has come up to be one of the major destinations for the businessmen to seek out for expanding their business manifolds. Ahmedabad has emerged as a hot spot for people to settle. Ahmedabad Property sector is growing at a large extent along with the demand for industrial land to set up various industries and residential property for beautiful living here in. This is the best time to Buy Property in Ahmedabad. The cost of Ahmedabad Properties is at new high. Ahmedabad is still developing.

Ahmedabad has plenty of houses, apartments, malls and residential that you may want to venture in. This makes the city a good place to dwell in as it has all the modern amenities and a world class ambiance. This international environment makes the city highly in demand among foreign investors as well.

Ahmedabad offers you with all kinds of accommodation facility in the form of residential properties. People from all realms of the society can afford to buy a place in this city. You get luxurious houses to budget apartments in this city. Then the developmental work along places like S.P. Ring Road, Sarkhej-Gandhinagar Highway and Prahladnagar is also another reason behind this growth.

The commercial aspect of Ahmedabad Properties is on the roll for years. This city had served as a good speculation for many investors across the world. The presence of end users, banks, insurance companies and financial institutes has added to the upsurge of Ahmedabad and its commercial properties.

In addition to this what can be said is that if you want proper information on Ahmedabad Properties then you need to hire a real estate agent who can help you with all the details. Remember these are people who know the town more than you do. They also have all the latest information as to what properties are on sale or rent. They will help you get properties within your budget. However at times you may come across some greedy ones who are just interested in making profit. For that they give importance to their selfish needs other than your requirements.

You may also try to get information from your local acquaintances in the city. But in most of the case they are of not any help as what is others consider to be beautiful may not even appeal to you. That is why it is better to research on your own. As part of your own research you may try to get information in the net itself. The internet is update on a daily basis which makes it better search option. This will give you search results which are area specific that you can make the most out of. The internet is a place where you can get all the relevant information with details. 
In a nutshell it can be summed up that Ahmedabad Properties yield you good returns. It is for sure that the properties have an appreciation. It is the trend that this city has been holding onto and the kind of investments that have been taking place in this town of Gujrat all make it a place worth your investment.

5 Oct 2012

Ahmedabad needs 1.75 lakh new houses in 4 years

The traditional middle-range housing and migrant population are going to set the rules for Ahmedabad's real estate market in the coming years. A report on housing demand in eight big cities of India, suggest that Ahmedabad will see a fresh demand of 173,394 units for 2012-16. The report pegs the current supply of houses in Ahmedabad at 51,000 units.

Released by global real estate consultancy Cushman & Wakefield (C&W), the report 'Evolving Paradigm - Future Of Indian Real Estate' says that nearly 80% of the demand in the city will come from the mid-ranged category. The high-end category will make up for the remaining 20%.

According to the report, the demand in the city will be driven by inhabitants and migrant population. It says the migrant population, which will be pulled by industrial activity on Ahmedabad's periphery, will drive demand in the high-end segment.

The demand has been calculated based on population trends, household growth, income classification and doesn't take into consideration, demand from those without homes or NRIs.

"There is definitely a rising gap between the supply and demand of housing units in Ahmedabad. We believe the city would need more than 2 lakh new houses in the coming years. However, with current slowdown sentiments, demand in a few segments is not translating into sales for developers," says Rajesh Vaswani, executive director, Venus Infrastructure.

Ahmedabad will see a gap of 31% in supply in mid-ranged segment and 22% for high-end. It says that the current underconstruction and planned supply is mostly geared towards high-end. "Ahmedabad's demand, in addition to migrant population, will be driven by growth in population and re-settlers who intend to return to the city after having spent a fair deal of time in other locations across the globe," says Sanjay Dutt, executive managing director, India, C&W.

Source:http://articles.timesofindia.indiatimes.com/2012-10-04/ahmedabad/34259664_1_fresh-demand-high-end-category-household-growth

3 Oct 2012

Migrant workforce pushing housing demand in Ahmedabad

With Ahmedabad gradually developing into an economic hub in the west of India, professionals migrating to the city prefer to buy property here instead of buying in their home cities or taking an accommodation on rent. The workforce that is primarily between the age group of 28 to 35 is now pushing the housing demand in the area, according to experts.

However, as these buyers are mostly young with limited salaries, demand is mostly seen for properties up to Rs 30 lakh. During the Apr-Jun quarter, of the total demand for properties across budgets, city witnessed 16 per cent demand for properties up to Rs 30 lakh. In comparison to this demand, the supply for properties up to Rs 30 lakh stood at 13 per cent during the same quarter.
Firms in the pharma, IT and BFSI sectors involved in hiring are also responsible for bringing the new set of homebuyers to developers. Some of the famous names include West Coast Pharmaceuticals, Wipro Life Sciences Pvt. Ltd., Stanmark Pharmaceuticals, Microsoft, TCS and ACI etc, Tata Auto, Axis bank, ICICI, HDFC Bank, SBI.
While Rs 30 lakh budget remains a constraint for most they also prefer localities based on the time of commute and proximity to commercial centres. For instance, new apartment projects of South Ahmedabad have become a favourite among these buyers, as apartments come within Rs 30 lakh budget.
Good connectivity to Corporate Road and Prahalad Nagar, key commercial hubs of Ahmedabad add value on their investments. Localities in and around Prahalad Nagar, such as Vasna, Bopal and Vejalpur are in great demand and offer properties in the range of Rs 17 to 30 lakh.
For More: House at Ahmedabad
Source:http://content.magicbricks.com/migrant-workforce-pushing-housing-demand-in-ahmedabad

1 Oct 2012

Is it the good time to invest in Ahmedabad market

Propelled by economic and infrastructure growth, Ahmedabad real estate market continues to be a high yielding market for buyers and investors.  As per data available with MagicBricks.com, while properties in the city have yielded 2.8- 4.0 per cent on investment over the past one year capital values have also appreciated in the range of 9-13 per cent in the past one year.

With the capital appreciation of over 10 per cent, localities like Vejalpur, Bopal, Vastra Pur and Bodakdev remain the favourite among the investors, buyers and end-users.
Even investors, who want quick returns by selling over a short-duration, have made profits, as the city has yielded 2-6 per cent consistently over the corresponding quarters.

The Ahmedabad real estate market offers something to each category of buyers. Comprising of affordable and luxury properties, it offers a number of options in the multi-storeyed apartments’ space in the price range that starts from Rs 22 lakh and goes as high as Rs 3 core.
According to MagicBricks.com data, demand for properties is maximum for properties in the range of Rs 30 to Rs 60 lakh.

Looking at the appreciation potential, several local as well as national-level real estate developers have entered the Ahmedabad market and announced housing and commercial projects.
Some other projects offer plots and villas too. Delivery should not be a concern for buyers, as the MagicBricks data shows most developers have promised to give possession of their projects in the next 18 to 24 months.

The city is witnessing good supply of multi-storey apartment projects that would cater to the ever increasing housing demand emanating from the increasing workforce of the city.
Apart from SG Highway, which offers both residential as well as commercial properties, areas such as Thaltej, Satellite, Bopal, Thol-Kadi Road are some other prominent areas witnessing primarily residential developments.  Prahlad Nagar, Bodakdev and Vastrapur are some other areas having good appreciation potential.

source:http://content.magicbricks.com/is-it-the-right-time-to-invest-in-ahmedabad-market