Ahmedabad
is a city of businessmen. People here have amazing business skills and talent
to use their money wisely. This is the reason they prefer to keep their money
safe by investing it in real estate market. Growing demand for property in the
city has made it one of the most sought after real estate destinations. Real
estate developers from across the country are now vying the city with
innovative and affordable residential projects.
And
the launch of new projects is not just limited to luxury
apartments in Ahmedabad. Builders are coming up with housing choices
for every home buyer. Whether you are looking for a lavish home or an
affordable housing project within INR 40 lakhs, every type of property is
available in the city. All you need is knowledge of right locations to find the
suitable project. Here are top three localities we have brought for you to buy
a flat within Rs. 40 lakhs.
Satellite
Satellite
is one of the most preferred residential destinations in Ahmedabad due to its
central location. The location works as a link between the old city and the
other developing localities. Further, rapidly growing social infrastructure
also makes Satellite a comfortable residential destination. This locality has
seen demand for residential projects from both investors as well as end-users.
As far as prices are concerned, in this area, you can find a home for price
ranging from INR 5,100 to 5,900 per square foot.
When
making any investment, our only concern is high ROI and this is one of the
factors making Satellite a great destination for investment in real estate in India. The rental
market in this area has also shown rapid growth enticing home buyers from every
walk of life.
Bopal
Situated
towards the western region of Ahmedabad city, this area has abundant
availability of affordable properties. Further, the influx of housing demand
here has lured many developers to launch innovative residential complexes at
attractive prices. Easy access to public utilities like banks, schools,
colleges, hotels, medical facilities etc. has further made this location a
convenient place to live and enjoy life.
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Those looking for affordable residential projects in Ahmedabad, but find it difficult to get a project in established localities, can look for options in Bopal. The price of properties in this area is further expected to fall, making it a great time for the investors to grab the deal.
Gota
When
looking for a home, buyers give preference to a location with easy and smooth
connectivity via wide roads and public transportation modes. This has worked
well for Gota, where work for the metro station has already started. Real
estate market in this region has developed rapidly due to proximity to railway
station, airport, and proposed metro station.
Affordable
land prices have lured builders
and developers in Ahmedabad to launch projects in this micro market.
The average price of a housing project here starts from Rs. 3200 per square
foot. However, the prices vary according to the amenities and quality of
structure offered by the builder.
These
are some of the best housing investment destinations in Ahmedabad for people
looking for a project within Rs. 40 lakhs.
Post By Shrikant sain
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