Demand of Residential Property in Ahmadabad

The demand for residential property in Ahmadabad is soaring high. Thanks to the good policies and their implementation by the State administration for the past few years. The improvements in infrastructural facilities like electricity, roadways, and water etc. made the state a favored destination for many businesses.

With a positive outlook more and more real companies are starting ambitious residential projects in the city. Also, the government’s aggressive strategy to attract foreign and national investments has paid off, resulting in a heavy influx of investments in to the state and city. This led to the increased business activity and the demand for real property, including the Commercial property in Ahmadabad has been at a satisfactory level for the real estate businesses.

Some Numerical Information Of Residential Property In Ahmadabad

The spur in the business activity has led to a meteoric rise in the prices of office and commercial space, this sector has seen an increase of 20% -30% in its value. Especially areas like Parts of Prahalad Nagar, East Ahmadabad, SG Highway, and Ashram Road. With close to 39 million square foot of residential projects already completed builders now are aiming to develop another 30 million square foot of residential projects in the next 2-3 years. About 1.1 million square foot of office space is under construction, adding to the already existing 3.5 million square feet space. It is estimated that the in next 2-3 years, another 2.5 million square feet commercial space would be added. Such increased activity has led to immense competition among the real businessmen guaranteeing quality final product to the end user.

Builders of repute from neighboring cities are also showing immense interest to develop residential and commercial property Ahmadabad. Big players like Khyatirealities group, Godrej properties and Hiranandani builders have already started developing their ambitious projects in the city. Though the prices of real property in surrounding areas has been inconsistent, and been subject to correction, investors in Ahmadabad have been less worried with the prices remaining stable.

With the economic and business activity showing no signs of slow down even in the global recession and more and more foreign companies showing interest in setting up businesses, the real estate business is gearing for an all time high in Ahmadabad in the next few years. Property in Ahmedabad boards everywhere is attracting all, from city dwellers to NRI’s people are interested in investing and cashing in on the boom. People are investing more in real property as compared to gold or any other investment opportunities. The real property has seen appreciation in value that is close to 50% in the past three years.

Ahmedabad has been well known for its businesses and it still holds the same fame today. Therefore, business class people see a bright career there. This is why there has been a very high demand in the commercial property in Ahmedabad. The Khyati Group is known to create spaces that eventually become success stories in their own right. And this time Khyati Realities Limited comes with its Much-awaited commercial project Magnifico.

Magnifico is a specialized commercial and retail space perfectly situated in Bodakdev where retail shops and offices starts from 500 square feet. The perfect location and elevation of the building makes Magnifico a lifetime opportunity to grow your business.

Magnifico is Spanish word which means Magnificent. The word denotes supreme Importance of a person or a thing. Magnifico, commercial property in Ahmedabad by Khyati Realities Ltd. is a specialized commercial and retail space perfectly situated in Bodakdev, Ahmedabad, Which, with its excellent connectivity, significant infrastructural development and cosmopolitan, upwardly mobile population, ranks amongst the finest area of Ahmedabad.

If you are interested in the Magnifico then contact us on 91-079-26584335 or mail us [email protected].

As the economy of India is continuously growing which has led to the improved purchasing power of the people and increased demand in real estate investment.

Real estate development options in India are continuously rising with a rate of about 30 per cent with the passing of each year. Most of the properties in India were developed with the intention of fulfilling residential demands but the scenario has changed nowadays and the commercial property development is progressing a lot.  It has been observed from the recent survey that the real estate developers in India are investing more in commercial properties like business centers, shopping malls, multiplexes, corporate complexes etc. and gaining lot of profit. A large number of investors prefer to deal in commercial properties in India as the rates of property have and are likely to get high in the times to come.

The rates of commercial property are more than that of a residential property. Commercial real estate can be leased or owned. Commercial areas are usually having good infrastructure.

Commercial Real Estate is used to generate income. Basically it is used for business purpose. Due to high rates of these commercial properties, most of the business entities occupy the space on lease/rent. Investment in commercial property is a good option to produce lot of money for long term.

There are three ways to invest in commercial real estate: buy office space directly from a developer, buy shares of a commercial developer from the stock market, or invest in a real estate fund focused on commercial real estate.

The return on investment in the commercial market of India has increased a lot due to the retail boom and this causes the tremendous increase in the value of property. Commercial real estate in India is on a huge way.  Traditional retail shops, small shopping complexes turned into multi storied shopping malls which offer high end luxury tastes at middle class rates. This has increased the visitors and even the demand for more and more commercial property developments in India. The real estate market in India is growing with a lightning speed and this growth is solely due to commercial property developments and upcoming commercial real estate projects in our country.  Commercial property developments in India are categorized as shopping malls, multiplexes, retail outlets, IT parks etc., Commercial properties will have the ability to yield high profits and huge annual returns for the investors.

Ahmedabad is fastest growing metro city of Gujarat. In recent years there has been tremendous development in IT sector, Industrial sector, Auto sector and education sector apart from other sectors which are prime market drivers for the real estate development in Ahmedabad. The civic infrastructure of Ahmadabad is at par with other developed cities in the world. The city is well connected by air, rail and road.

Ahmedabad is a global emerging powerhouse which is very well positioned to prosper and grow in this new age of urbanization. The development in Industrial and IT sectors among other sectors has resulted in many job opportunities in Ahmedabad and many are looking for a new business and job opportunities which will result in rise in the population of the city. The Commercial Property In Ahmedabad are mostly comprised of shops, retail spaces, office spaces and showrooms.

The company undertakes all its projects with an end to end approach – from identifying land to final delivery to the customer. It does so using international methods and practices relevant to Indian real estate scenario.