City Estate Express
Edition: June, 2024

7 Top Areas in Ahmedabad That Are in Demand in 2024


Ahmedabad

Ahmedabad is a bustling city in Gujarat that is experiencing a real estate boom with the top areas in Ahmedabad witnessing high demand. With more than 3,000 housing developments under construction, the skyline of the city is changing quickly. Ahmedabad’s housing market is growing somewhat, but it is still steady despite a 9 percent increase in costs. This rise is a result of several factors, including the expansion of infrastructure, career prospects in IT, and reasonably priced housing. The needs of mid-segment purchasers is met by residences priced between INR 4,000 and 6,000 per square foot.

Explore the best real estate areas in Ahmedabad, as determined by the MB Prop Index Q1 2024, highlighting their accessibility, typical costs, and distinctive qualities.

Top 7 Areas In Ahmedabad That Are In Demand in 2024

SG Highway - most in demand area in Ahmedabad

The Sarkhej–Gandhinagar Highway is a key path that links Gandhinagar and Ahmedabad. The highway is also called S Road or SG Highway. Due to its excellent link, it passes through Ahmedabad's western neighborhood, which is one of the most sought-after locations. It ensures a simple passage from Sarkhej to Chiloda and makes up a good chunk of NH 8C.

Tenants and property purchasers find SG Highway to be a desirable alternative because of its typical rental and selling costs. Vasant Nagar, Chandkheda, Satellite, and Bodkadev are just a few of the nearby communities with easy access to this road due to their increasing real estate development. The Chandkheda Railway Station provides convenient bus stops and rail links for commuters. It is near commercial centers and educational institutions, which makes it a popular choice for professionals and families.

Type 

Price

Residential

Buy Rs 5,900 - Rs 10,000 / sqft

Rent Rs 14 - Rs 24 / sqft

Office Space

Buy Rs 5,700 - Rs 9,100 / sqft

Rent Rs 36 - Rs 59 / sqft

Shop

Buy Rs 10,200 - Rs 17,400 / sqft

Rent Rs 41 - Rs 73 / sqft

Bopal - among sought-after areas in Ahmedabad

Situated in the southwestern part of Ahmedabad, Bopal is a rapidly growing locality known for its modern infrastructure and serene environment. It is along the Sardar Patel Ring Road and has smooth internal communication. Through Bopal-Ghuma Road and Gala Gymkhana Road, which combine with the Sardar Patel Ring Road to provide access to various areas of the city.

Accessibility is further improved by bus connection via the BRTS line from Ambli Road to Ghuma and important thoroughfares such as Sindhu Bhavan Marg and Ambli Road. Convenience is ensured by Ahmedabad Railway Station is 16 km distant and Ambli Road Railway Station is 6 km away. The USP of this locality lies in its well-planned residential complexes, green spaces, and proximity to essential amenities such as schools, hospitals, and shopping centers.

Type 

Price

Residential

Buy Rs 5,200 - Rs 8,900 / sqft

Rent Rs 12 - Rs 21 / sqft

Office Space

Buy Rs 5,700 - Rs 7,900 / sqft

Rent Rs 31 - Rs 55 / sqft

Shop

Buy Rs 8,800 - Rs 15,800  / sqft

Rent Rs 35 - Rs 60 / sqft

Satellite - a prime sought after area in Ahmedabad

Satellite is a prime residential area known for its upscale lifestyle and cosmopolitan vibe. It is in the western outskirts of Ahmedabad and is the pinnacle of opulent living, offering upmarket residential options. With its excellent position next to Navratna Business Park and close access to important locations like Vastrapur and Bodakdev, Satellite is in great demand for real estate.

The locality's USP lies in its vibrant social infrastructure, including premium shopping malls, restaurants, and entertainment hubs, catering to the needs of residents. Connectivity is excellent via the Sarkhej Gandhinagar Highway and 132 Feet Ring Road. It is 16 km from Sardar Vallabhbhai Patel International Airport and 6 km from Ambli Road Railway Station. For those seeking a great balance between convenience and refinement, Satellite has excellent business parks and educational institutions nearby.

Type 

Price

Residential

Buy Rs 5,200 - Rs 8,500 / sqft

Rent Rs 15 - Rs 26 / sqft

Office Space

Buy Rs 6,200 - Rs 9,100 / sqft

Rent Rs 35 - Rs 55 / sqft

Prahlad Nagar - Well connected and sought-after area in Ahmedabad

Prahlad Nagar is a residential enclave that rises along the Sarkhej-Gandhinagar Highway. Encircled by affluent communities, it benefits from outstanding access to the city's interior and exterior through Sardar Patel Ring Road and 132 Feet Ring Road. The locality has well-planned infrastructure, recreational facilities, and proximity to corporate offices, making it an ideal residential destination for professionals and families. With an abundance of facilities and cosmopolitan qualities, Prahlad Nagar presents a tempting residential experience as well as profitable investment options.

Type 

Price

Residential

Buy Rs 5,400 - Rs 8,500 / sqft

Rent Rs 15 - Rs 26 / sqft

Office Space

Buy Rs 5,600 - Rs 8,800 / sqft

Rent Rs 37 - Rs 57 / sqft

Chandkheda - Key hub and in-demand area in Ahmedabad

Chandkheda is a thriving hub for residential and commercial activities. Thanks to its well-designed infrastructure and BRTS connectivity, it links Kali Gaam and Tragad with ease. Its historical value and easy access to popular tourist spots add to its allure.

Ahmedabad junction railway station is about 11 km from Chandkheda and the airport is within 14 km. It is one of the proposed locations to have a metro station by the end of 2025. Chandkheda promotes fast growth and provides job possibilities. It is home to significant corporations like TCS and ONGC. Chandkheda is a real estate hot spot in Ahmedabad that appeals to residents and investors.

Type 

Price

Residential

Buy Rs 4,200 - Rs 6,600 / sqft

Rent Rs 10 - Rs 17 / sqft

Office Space

Buy Rs 10,200 - Rs 17,300 / sqft

Rent Rs 26 - Rs 45 / sqft

Motera - Good locale makes it among top areas in Ahmedabad

Home of the world's largest cricket stadium, Narendra Modi Stadium, Motera is located along the Sabarmati River. The region, which is undergoing renovations, has a lot of potential because of its advantageous location and basic services. Demand is driven by its simple accessibility and flawless connection, even with continuing construction. Motera presents itself as a viable location for residents and investors due to its quick access to the GSRTC, AMTS, and BRTS as well as its close proximity to the Sardar Vallabhbhai Patel International Airport and Sabarmati Railway Station.

Type 

Price

Residential

Buy Rs 4,100 - Rs 5,700 / sqft

Rent Rs 10 - Rs 17 / sqft

Paldi - among sought-after areas in Ahmedabad

Paldi is a highly sought-after location with a combination of business energy and residential attractiveness. It is home to prestigious national and international corporations as well as historical sites like Tagore Memorial Hall and the Sanskar Kendra Museum. Demand for real estate is fueled by its attraction, which is increased by its closeness to the GIDC Industrial Area and the Sabarmati Riverfront Development. Paldi is becoming a popular place for people and companies because of its superior road connection via Vasna Road and Netaji Road. It enjoys convenient access to Sardar Vallabhbhai Patel International Airport and Ahmedabad Junction Railway Station.

Type 

Price

Residential

Buy Rs 4,800 - Rs 7,200 / sqft

Rent Rs 13 - Rs 21 / sqft

Ambawadi - Residential hub and much in-demand area in Ahmedabad

Ambawadi is a thriving residential area with rising demand for real estate. It attracts residents and investors due to its nearness to Pinnacle Business Park and good accessibility via IIM Road and Vasna Road. Ambawadi is bordered by Vasna, Paldi, and Vastrapur. Sardar Vallabhbhai Patel International Airport is conveniently located for locals, only a short distance away. The location has a range of housing choices, including multi-story homes and flats. It's easy to commute because Gandhigram Railway Station is close by and GSRTC buses offer quick access. For individuals looking for a peaceful fusion of residential comfort and accessibility in Ahmedabad, Ambawadi is a promising area.

Type 

Price

Residential

Buy Rs 4,800 - Rs 8,200 / sqft

Rent Rs 13 - Rs 21 / sqft

Office Space

Buy Rs 6,900  - Rs 10,000 / sqft

Rent Rs 26 - Rs 45 / sqft

Final Words On Sought-after Areas In Ahmedabad

The real estate industry in Ahmedabad is booming and provides both locals and investors with a wide range of options. With high-demand regions such as SG Highway, Bopal, Satellite, Chandkheda, Motera, Paldi, and Ambawadi, the city offers excellent social amenities, contemporary infrastructure, and first-rate connectivity. These neighborhoods are at the vanguard of urban development. Every community offers different benefits and investment opportunities, ranging from luxurious residential alternatives to rapidly developing business centers. As Ahmedabad develops further, it will provide a harmonic combination of comfort, convenience, and growth to those looking to invest in the city's vibrant real estate market.

Source: Magicbricks