The scenario of the real estate sector in Ahmedabad is presently going through a dramatic change thanks to the latest developments in the city's infrastructure. These changes have impacted the real estate market causing it to slow down however is now slowly getting back with the launch of various infra projects has boosted the Ahmedabad property market that are presently being developed across the city.

Ahmedabad Has Emerged As a Leading Real Estate Destination

The real estate market in Ahmedabad is rising up due to the growth in the overall development of the city with regards to the residential and commercial demands as well as the industrial sector of the city. Being the largest city of Gujarat as well as the commercial capital of the state, it is also the home for various industries that are also the main reason for the growth of the real estate industry. The city has also managed to establish its place in the retail and IT/ITeS making it a destination that is highly desirable. The city has also become a hot spot for construction companies and developers who want to start new projects in the city.

Infrastructure Projects Have Fuelled the Growth Property Market

With various developments which are contributing towards the growth of the commercial and residential growth, Ahmedabad is opening its doors to the development of the city in several ways. Another contributing factor towards the growth of the city is the various infra projects that are coming up towards the betterment of the infrastructure. These projects also include the Info City, the Outer Ring Road (ORR) and even the Bus Rapid Transit System (BRTS) in Gandhinagar. The metro project which has been under development in various parts of the country including Ahmedabad has made massive contributions towards the development of the city.

Several Localities Have Experienced a Boom

There are many localities which have gained its popularity in the city of Ahmedabad. While some of them are known to be a mixed bag of both commercial and residential requirements, some of these localities are best suitable purely as the best residential destinations. These localities include Chandkheda, South Bopal, Prahlad Nagar, Satellite and Bopal. Over the years, localities like Prahlad Nagar, Bopal and Satellite have made it a point to maintain their respective places in the top localities of the city, the recent studies show that Chandkheda and South Bopal is also slowly rapidly catching ip in the Top position with the various developments that are making significant changes towards the localities.

New residential projects: Sun Divine 5 by Sun Builders

The Sun Builders group has been known for the various projects that have been developed across the city. Having been in business for more than 30 years, they have always made it a point to stick to their ethos and values. They have come up with various residential projects that have made a mark in the real estate sector of the city. Sun Builders group is also known for the modernization of their projects. One such Project that is going to be launched by them is called Sun Divine 5. Sun Divine 5 is located at Ahmedabad's Ghatlodia area, near Satellite. The architectural design of these projects is known to be very lavish and up to date. It is also located in such a place where one can have easy access to various medical facilities, educational facilities which include reputed schools as well as government schools and colleges, various financial institutions and even supermarkets and different kinds’ restaurants serving various cuisines.

Locational Benefits

Out of all the well developed and expensive localities in Ahmedabad, Satellite rates number two in the list of preferred localities. The factors which are attracting people to this locality also include the various commercial projects which are presently developed or being developed in Prahlad Nagar and the fact that this locality is easily connected to various parts of the city. The present capital value in this locality for an apartment can be anywhere between Rs. 4611 to Rs. 5850. Per square feet give or take. When you look at the connectivity factor of this locality, you can also get services from the Bus Rapid Transit System (BRTS) and Ahmedabad Municipal Transport Services (AMTS). From Ahmedabad Railway Station, this locality is 9 kms from it and 15 km from the Sardar Vallabhbhai Patel International Airport.

Article Posted By : sanjanamurya  On October 16, 2014lView All Articles

So, if you are planning to invest in a residential property in Gujarat, Ahmedabad has loads of options. Go ahead and grab the deal as soon as you can!

Article Source :

http://www.veethi.com/articles/ahmedabd-emerges-as-a-new-residential-realty-hotspot-in-gujarat-article-3302.htm

Keywords :
Sun Divine 5 , Sun Divine 5 Ghatlodiya Ahmedabad