Sunday, June 1, 2014

If you are looking to buy a home in Ahmedabad, take a quick look at 10 of the most preferred localities of the city and what they are offering.


Bopal, Satellite, SG Highway, South Bopal, Prahlad Nagar, Gota, Bodakdev, Chandkheda, Thaltej and Maninagar have been rated as the most popular localities to buy home.
Bopal and South Bopal
Both these localities are preferred because of their affordable capital values. Even though these localities fall far from the city, they are well-connected through SP Ring Road. Significant development in the residential sector has increased the number of enquiries and conversion rate. The capital values in the locality range from Rs 2,950-3,750 per sq ft.
“Both these localities have all the basic infrastructure and still the property prices are low in comparison to Prahlad nagar, Satellite and Bodakdev,”
Satellite
Satellite, one of the expensive and well developed localities of Ahmedabad is second in the most preferred localities. Proximity to commercial offices in Prahlad Nagar and decent connectivity to rest of the city are two major factors driving people to this area.
The capital values of apartment here fall between Rs 4600 and Rs 6000 per sq ft.
Satellite gets its connectivity from SG Highway and 132 feet Ring Road. Bus services are provided by both Ahmedabad Municipal Transport Services (AMTS) and Bus Rapid Transit System (BRTS). It is located 3 km away from Vastrapur Railway station, 9 km from Ahmedabad Railway station and 15 km away from Sardar Vallabhbhai Patel International Airport.
SG Highway
Sarkhej-Gandhinagar (SG) Highway not only connects Ahmedabad to Gandhinagar but also gives connectivity to various localities within the city. At present most of the development both in industrial and residential sector is occurring in localities located along this highway.
 “Commercial set-ups and availability of several residential projects offering both ready-to-move-in and under construction properties at affordable prices are driving people towards the area,”
Prahlad Nagar
Commercial set-ups are the major reason behind the popularity of the area. Several multinational companies, BPOs, KPOs, etc are located in the area. Being one of the well-planned and developed areas of Ahmedabad it has all basic facilities such as schools, hospitals, banks, restaurants, malls, etc within the vicinity.
The property values range from Rs 5000 to Rs 7000 per sq ft. Upper-middle class and high class people generally buy properties here.
The area is located adjacent to SG Highway and is just 1km away from Vastrapur Railway station.
Gota
Gota is situated roughly 10 km from Ahmedabad. As it falls on the outskirts the property prices here are affordable varying from Rs 2600-3000 per sq ft. Hence, middle-class people are more attracted towards the area.
Bodakdev
Bodakdev is probably the most expensive amongst these locations with property prices ranging from Rs 4500-6500 per sq ft. senior executives, people at the managerial level in the companies located along SG Highway generally buy properties here.
SG Highway runs right through the middle dividing the locality connecting it to the rest of the city.
Availability of physical and social infrastructure such as wide roads, schools, public transport, hospitals, banks, malls, etc in proximity makes Bodakdev further more favorable destination among home buyers.
Chandkheda
Chandkheda is least expensive among the top 10 localities. The capital values here range from Rs 2300-2850 per sq ft. “People working in ONGC, IT companies and colleges are the one buying property here.”
Apart from having its own Chandkheda Railway station, the locality gets its connectivity from SP Ring Road and 132 feet Ring Road. Bus services are provided by BRTS and AMTS.
Thaltej
Located in between SG Highway and Sardar-Patel (SP) Ring Road, Thaltej is one of the premium localities of Ahmedabad. The property prices here vary from Rs 4500-6000 per sq ft.
“Thaltej is mostly a residential area that is situated away from the hustle and bustle of the city. Less traffic, peaceful environment and affordable prices attract buyers towards it.”
AMTS provides the bus services here.
Mani Nagar
Proximity to industrial area, improved connectivity and robust development of basic infrastructural amenities are the reason behind the sudden emergence of this area in the list of preferred localities.
Capital values here range from Rs 2900 to 3500 per sq ft.
“People working in small and medium scale industries situated in Gujarat Industrial Development Corporation (GIDC) buy properties here.”


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