Real Estate Forum on Ahmedabad Development Authority

Latest Answer: Hi Neeraj, As per current news, Ahmedabad Municipal Corporation (AMC) has arranged the first arrangement of 2696 heritage properties in Ahmedabad, spread over 18 wards. As per different grades, those properties are sorted. AMC officers assess that around 150Cr can be produced from sale of trad-able FSI of buildings which have adequate heritage price and will be provided a trad-able FSI of 0.3.

Latest Answer: If you are looking for long term investment in Ahmedabd, then the best location is SG Highway. There are many luxury residential projects by leading real estate companies.

Latest Answer: Hi Mr Jack, Lies on the Golden Quadrilateral highway system. Connected to NH-8 (Delhi-Mumbai Industrial Corridor) via a 16-km connector highway. Has a good local transport system, and excellent civic and social infrastructure. The Bus Rapid Transit System (BRTS) has eased commuting for several commuters in the city.

Latest Answer: Hi Vikash, According to me, another factor which is driving the demand in Chandkheda is affordable housing projects.Affordability becomes a major issue when it comes to looking for a home. Keeping in mind the volatile market conditions, this becomes an even more important criterion for house hunters. This is one of the reasons that home buyers are increasingly moving beyond the conventional areas to regions, which may be a little far but have all the basic amenities and good connectivity to the city.

Latest Answer: Hi Pranab , As per my knowledge , emerging and affordable real estate corridors-Bopal, Gota, New Ranip, Motera, Chandkheda and the likes are already attracting a beeline of projects, buyers and investors due to the planned infrastructure and speedy connectivity in these locations. Many large developers, who concentrated on mid-to-high segment, were seen playing the volume game and entering into affordable segment in the suburbs.

Latest Answer: Hi Mr Jack, In my point of view, here one can play against world renowned players like Sachin Tendulkar, Saina Nehwal and other players depending on what games the visitor wants to play. Another major project that will be implemented in this budget year is that for tertiary treatment plants along the Sabarmati to allow treated water to flow into the river.

Latest Answer: Hi Guys, As per CREDAI vice president, the relaxed FDI norms will act as a booster dose for the real estate sector. There had been a deficit of trust from consumers, brokers and investors on builders, which will now be revived. Vibrant Gujarat will provide a boost to real estate sector, which will now get the attention of the government, industries and other countries.

Latest Answer: Hi Guys, According to me, cities of Gujarat are growing at the fastest pace ever and have seen urbanization transform the perception of the cities from a mere trading city to an emerging global metropolis. People come here for jobs and to earn a livelihood. This increasing population has impacted the society as well. In any given developing economy, people move into an area and infrastructure follows. Whereas in Gujarat, the infrastructure has always been better than many of the other Indian cities and migration has only made sure that the developers kept up to the pace of development.

Latest Answer: 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.

Latest Answer: Hi Vikash, In my point of view, most of this income, almost Rs 30,000 crore which is as per the present jantri rates, will go into funding local infrastructure like roads, drainage, and water supply. Higher FSIs are being earmarked for these zones to allow greater density.