Motera and its surrounding areas have now taken a cosmopolitan outlook.
Q: When it comes to the property market, the luxury landscape of the region confuses investors & developers. The reason is that Motera properties does not cost as high as any other luxury city across the country.
Hi Guys,
As per my knowledge, since, the rapid developments and entry of big brands have already shaped up this area as the luxury landscape; the analysts hence, believe that the property price trends will very soon be in sync with the aspiration level of the luxury landscape in this part of the world.
As per my knowledge, Motera has gained considerable importance in recent years as the property hotspot of Ahmedabad.One of the major attraction quotients of the location is the fact that it doesn't face traffic woes being on the periphery of Ahmedabad. It is also connected with the 6-lane Visat-Gandhinagar Highway that starts from Visat and ends at Infocity, Gandhinagar.
The prestigious Knowledge Corridor is located off the Visat-Gandhinagar Highway , a few kilometres ahead of Koba Circle on the way to Gandhinagar. The Corridor comprises Pandit Deendayal Petroleum University (PDPU), Gujarat National Law University (GNLU), Institute of Seismic Research (ISR), Gujarat Institute of Disaster Management (GIDM) and Gujarat Energy Research and Management Institute (GERMI).The SP Ring Road encircling Ahmedabad is easily accessible via Tapovan Circle.
The average residential property price in the locality is in the range of Rs 3300 per sq feet to Rs 3600 per sq feet; something that does not really suggest it to be a luxury hub. It rather gives the impression of an affordable zone. Facts speak for themselves.
Hi ,
It is also a very decent and attractive market, in terms of its rental values with most of the properties available in the range of Rs 8-9 per sq feet. In terms of its commercial lease value also, rent for office spaces is in the range of Rs 20 per sq meter to Rs 50 per sq meter.
@ Vikash,
In terms of connectivity, Ahmedabad airport is located in Hansol which is on the opposite bank of Sabarmati River to that of Motera. Though, there is no direct bridge to Hansol but the Phase-I extension of AhmedabadGandhinagar Metro has a direct link over Sabarmati from Hansol to Motera leading to the airport.Motera can also be accessed through SP Ring Road either through Tapovan Circle or Koteshwar-Bhat Road and then through the Indira Bridge.
The Ahmedabad-Gandhinagar Metro is also expected to complete the construction of Phase-I by late 2018 and thus, Motera will become a metro rail interchange hub.Motera Stadium Station will be the northern-end terminus on the North-South line of Phase-I which will consist of important stations like Sabarmati Railway Station, AEC, Vadaj, Income Tax, Paldi, Vasna, etc. This line will intersect the West-East line of Phase-I itself, consisting of stations like Thaltej, Doordarshan Kendra, Gujarat University, Navrangpura Stadium, Relief Road, Kalupur Railway Station (Ahmedabad Central), Vastral, etc.
Hi , In anticipation of Motera to have excellent metro rail connectivity, the demand for properties is already picking up so fast that today; it can easily be vouchsafed as one of the most attractive property markets of Ahmedabad.
Hi Guys, Furthermore, along with the attraction of the international cricket stadium, connectivity to the famous city bus service of BRTS (apart from the old AMTS bus service), proposed strategic metro rail station for Ahmedabad ,Gandhinagar Metro, IIT Gandhinagar and the buzzing commercial complexes and multiplexes around Visat area with national and international retail and food chains. Most of these outlets and big ticket developments are located in the area sandwiched between Gandhinagar-Visat Highway and Motera Stadium Road.
Hi Vikash, For the outside world, it is the cricket stadium in Motera that often resonates in the news. With the influx of highly-educated and skilled employees from all over India, mainly working with ONGC, IOC and IFFCO, Motera and its surrounding areas have now taken a cosmopolitan outlook that resemble India's diverse culture and hence, demand for luxury and lifestyle is on the rise.
Motera is a suburban neighbourhood that lies west to the Sabarmati River near Chandkheda in the North-Western region of Ahmedabad. It falls under the West zone of Ahmedabad Municipal Corporation and under the Gandhinagar South constituency of Gujarat (Vidhan Sabha) and under the Gandhinagar constituency of the Lok Sabha.
Hi, The chief attraction in Motera is the Sardar Patel Stadium. It was earlier a part of the Gandhinagar district.However, January 2008 onwards, it came into the limits of Ahmedabad Municipal Corporation (AMC) in the Daskroi Taluka. Now, it is included in the West zone as per AMC, though, it is the northern most and the closest to Gandhinagar.