About Ahmedabad Industry

Ahmedabad is the seventh largest city in India and is the commercial capital of Gujarat. It is a major industrial and financial city contributing 14 per cent of the total stock exchanges in India and 60 per cent of the total productivity of the state. Ahmedabad has long been famous for its textile industry, and boasts of possibly the largest denim production in the world, producing over 230 million metres each year, and supplied to brands like Levi's, Lee, Wrangler, GAP and Ralph Lauren. The city that was once called the Manchester of the East is now often referred to as the Denim Capital of the world. Other major industries include pharma¬ceuticals, chemicals and engineering ancillaries. Some of the biggest industries in and around the city include Arvind Textile Mills, Ashima Industries; Reliance Textiles; Torrent Pharmaceuticals; Nirma  Healthcare; Cadila Pharmaceuticals; Zydus; Synterplast and the Nirma Group.Tata Motor. 

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About Ahmedabad

Ahmedabad, as indeed the entire state of Gujarat, has a rich and vibrant cultural life. In addition to a number of beautiful historic monuments that are always worth a visit, a variety of festivals are celebrated the year round, from the kite-flying festival of Uttarayan in January, to the festival of colours, Holi in March-April, to Rakshabandhan in August, to the festival of lights, Diwali and Id-ul-Fitr in October. Besides these are the various smaller festivals, and the uniquely Gujarati celebration of the nine nights of Navaratri in September, when the city of Ahmedabad comes alive each night with garbas danced all over the city. In addition, the city frequently hosts handicraft exhibitions and fairs with exhibits and products from all over the country.

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Real Estate Ahmedabad

 If you jot down the list of famous cities of India then Ahmedabad is bound to fall among the top five. Amidst all the cities of Gujarat, Ahmedabad is the largest and in India it is the seventh largest city. That’s why Ahmedabad real estate market and property market is on boom and going in a full flow. You’ll be amazed to know that Ahmedabad's economy is ever prospering due to the huge growth in the industrial sector. Ahmedabad is one of the most populated cities ofIndia that’s why real estate demand of housing is on high. Since the dawn of the development phase in India, real estate Ahmedabad got the maximum exposure and witnessed highest developments. The real estate sector in Ahmedabad is also flourishing due to major developments by builders in Ahmedabad. Majority of the big builders are constructing properties in Ahmedabad which are not only residential but also for the commercial purposes. It means every kind of property is being catered to.

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Real Estate Ahmedabad

Recession is the best time for investment in property. Since the growth of real estate market is slow these days, so it is the perfect time to invest in residential properties rather than commercial. Residential properties in Ahmedabad have a wide variety of houses and there is surely something for everyone. The residential property developers in India have ventured out full time into construction and development of residential property, township construction planning, and large scale housing projects in order to cater to the demand of residential property for sale.

Ahmedabad which is now a mega city is the seventh largest city in India. Indian residential property is a magnet for not just the local property developers but also the foreign investors. Non residential Indians are investing a lot of money in residential properties in Ahmedabad because of the high return value, if sold.  Even the number of residential agents and brokers has increased in the past few years. Investing in residential properties in Ahmedabad is now more like a business segment for common man and agents. Unlike share markets return on investment in residential properties is at a continuous speed and is increasing day by day.

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Vibrant Real Estate

Tata Housing signed an agreement with the Gujarat government to investment Rs 1,000 crore for developing a township in Ahmedabad on a public-private partnership (PPP) model. 

The agreement was signed on the second day of the Vibrant Gujarat Summit at Gandhinagar , Tata Housing Managing Director and Chief Executive Brotin Banerjee said. 

"The proposed project, which would be a township and may involve one or multiple projects, needs many clearances from the state administration and we hope to get them in the next two months. The project, to be developed on PPP model, would in the affordable housing segment," he said. 

On the project completion and the type of the housing, he said, it will take at least three-four years for completion and it would be in the affordable (Rs 10-20 lakh, 2-3 BHK units) range.

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