Thaltej, situated in the western side of Ahmedabad city, provides easy access to the new flourishing localities like Shilaj, Gandhinagar, S P Ring, Gurukul, Vastrapur, and Sola road. The famous S G Highway is stretched across the locality, from Sola flyover to Pakvan Junction giving excellent connectivity by road.
The Gujarat High Court, Columbia Asia Hospital, NIPER Institute, St Kabir and Udgam School, PVR Theatre, The AUDA Sport and Swimming Academy, Golf Learning Center and a variety of star-rated hotels like Patiala Pangat, and The Green Pearl restaurant are well established places one can find in and around the area. Most of the nationalised and co-operative banks such as ICICI Bank, Kotak Mahindra Bank, Canara Bank, State Bank of Saurashtra, and Bank of Baroda can be found in every nook and corner of this locality.
Thaltej is regarded an excellent property at an affordable price with great facilities of parking, conference room, and gym, along with round-the-clock security. A mixture of residential and commercial projects are coming up in this region. There are plans of developing a metro in this locality, as well.
Key Projects in Thaltej :
Connectivity and Transit Points
Although there are frequent buses to every part of the city, autos are usually preferred to move around in this place. Taxis are an uncommon mode of transport here. Some of the main bus stops of this locality include AMTS bus stop, Gulab tower bus stand, and Science city bus stop. Ambli Road Railway station is just 2.4 km away, making it the closest railway station to Thaltej. The Ahmedabad airport is 17 km from the region. The S G Highway connects this locality to other parts of Ahmedabad.
â— Calico Museum of Textiles
â— Sarkhej Roja
â— Bhadra Fort
â— Parimal Garden
â— Dada Hari
Factors for Growth in the Past
Once an underdeveloped region, Thaltej has grown beyond its old self. The rapid improvement in the overall development of industrial and residential sectors has given rise to one of the most happening destinations of the city.
Situated almost 15-17 km from the Ahmedabad Airport and around 10-12 km from the nearest railway station, many renowned hospitals, banks, and local markets are in close proximity to this region. Cinema halls, multiplexes, food courts, restaurants, and four-star hotels are also located in this region. With several residential and commercial projects getting started in this locality, the scope for growth and development is seamless.
Residential and Commercial Market
At present, the dominant property type in this locality is apartments. Of late, the residential apartments cost anywhere between Rs 4,450- 5,200 per sq. ft. Furthermore, a 2 BHK apartment for rent in Thaltej lie in the price range of Rs 12,000-15,000, while the rent for a 3 BHK apartment falls in the Rs 19,000-24,000 price bracket.
In addition, the average price per sq. ft. for commercial offices would be Rs 6,100. The average price of shops and commercial plots per sq. ft. would cost up to Rs 7,400 and Rs 29,000 respectively.
The roads in this locality are narrow and need improvement. Unsystematic parking approach along with high level of waste disposal are major challenges faced here. The presence of a large number of vehicles in this region is making it highly pollution prone. Water logging issues during monsoon add to the woes of the residents. In the past few years, the crime rates have increased in this region, making it an unsafe place to reside in.
Factors for Growth in the Future
Thaltej is, no doubt, one of the most promising localities in the city in terms of real estate development. Being one of the prosperous areas of Ahmedabad, the area is best suited for residential and commercial purposes. The region is growing continuously and the facilities available here are also improving. In the past few years, basic amenities like power supply, drainage, waste disposal issues and traffic to some extent has been improved. As a result, large number of projects have come up here, giving opportunity for ample growth to take place.