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Submitted by: Gift City

In Ahmedabad it is surprising to note that the people across business lines as well as serve as real-estate agents in order to encase on the prevailing real-estate scenario. These brokers are a close knit community. It was as well as observed that there is no lock in period for the investor and he could sell the apartment at any point of time. Ahmedabad and Vadodara are among the most-preferred destinations for real-estate investing in Gujarat. It is largely due to the SP Ring Road and Bus Rapid Transit System BRTS projects that the peripheral areas such as Motera, Chandkheda and Koteshwar are gaining attention from investors and home buyers a such as. These distant areas have become accessible due to these infrastructure projects, which connect them with major parts of the city.

As per the global property consultant Cushman and Wakefield C&W Ahmedabad is the highest among the top 10 emerging business destinations. Ahmedabad has attracted an investment of Rs 71,270crore since 2010, which was in the automobile and auto-components sector, followed by telecom and real-estate & infrastructure. Ahmedabad has attracted nearly 39 per cent of the total investments announced since 2010. Though the city is flourishing with luxurious projects the property prices are affordable compared to other major cities such as Mumbai, Bangalore and Delhi. Hence, investors and NRIs are looking at Ahmedabad for investing in properties and as it is the rapidly developing into realty city they can presume good returns on investment in near future, resulting in increase in NRI investment in the city.

The city is not only an investment opportunity city, but as well as an investor friendly city. It is among the few cities of India which not only attract investment, but have ample of investors. Residential real-estate of Ahmedabad is dominated by private players and the market is as well as heavily driven by an active investor base, with most of the participants lowing capital market profits into the real-estate markets. This is flourishing the real-estate sector of the city. Ahmedabad is the city of Businessmen, Traders and Merchants who makes the city resident of millionaires. Ahmedabad has 5 millionaires out of 100 top millionaires of India listed by Forbes, the five names includes.The SG Highway that connects Ahmedabad and Gandhinagar has become one of the sought out location for residential real-estate development, as 50% of the new housing projects are coming up in this area. According to experts, buying a house in SG highway is a good property investment in Ahmedabad. In the recent years, Ahmedabad witnessed a tremendous improvement in real-estate sector, especially in and around SG highway. This highway connects two important developing cities of Gujarat Ahmedabad and Gandhinagar, which makes the location apt for the people working in these 2 cities. Hence, the number of home buyers booking apartments in SG highway has increased along with the whooping land value.The Ahmedabad realtors and investors consider this locality as a goldmine due to the hike in land price and the growing demand which implies good future for property investment. Industry insiders mentioned that West Ahmedabad is ahead of other cities in the state, in terms of real-estate development due to the proximity of SG highway to Ahmedabad and Gandhi nager that allows the working professionals travel easily.

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