City Estate Express
Edition: March, 2024

Where to Invest in Ahmedabad in 2024


Ahmedabad

Are you a prospective homeowner looking to invest in Ahmedabad? The city has much to offer regarding economic opportunities and quality of life, making it an attractive destination for purchasing a home.

The city's growth has been steady over the past few years and is expected to continue in the future. Several new projects are being developed in the city, offering great modern amenities. Home buyers often don't have the proper knowledge about where to invest in Ahmedabad. This article will provide some details to interested individuals about real estate investment opportunities.

10 Emerging Places to Invest in Ahmedabad in 2024

As Gujarat's largest city and former capital, Ahmedabad is a key economic hub in Western India. The city has several large industries, including textiles, chemicals, engineering, and pharmaceuticals. Here are some of the best localities to invest in Ahmedabad in 2024.

1. S.G. Highway - Well Known and Best Place for Real Estate Investment in Ahmedabad

This area is one of the fastest emerging localities to invest in Ahmedabad. This residential area has developed sub-localities, retail stores, and social infrastructure. It is located on the outskirts of Ahmedabad and is well-connected to the city centre via public transport and local train.

Home buyers can also find a lot of good schools and hospitals in this locality. The area has seen a lot of real estate development in recent years and is expected to see more in the future. If the question is where to invest in Ahmedabad, the S.G. Highway area could be an answer with its connectivity and amenities.

Rates For Properties on SG Highway

Locality Type of Property Average Sale Price (Rs/square feet)
S.G. Highway House/Land Rs. 3,400-4800

Facilities on SG Highway

Facility Name
Educational Institutes
  • Apollo School
  • DAV International School
  • Zebar International School
  • Silver Oak College of Engineering and Technology
Hospitals
  • Apex Heart Institute
  • K D Hospital
  • Vedant Multispeciality Hospital
  • Shalby Multi-Speciality Hospital
Transportation
  • S.G. Highway
  • Sardar Patel Ring Rd
  • SV Marg, Drive-In Rd
  • Local Train
Shopping Centers
  • Ahmedabad One Mall
  • Iscon Mega Mall
  • Gulmohar Park Mall

2. Sanand - Good Infrastructure makes it Best for Real Estate Investment in Ahmedabad

Sanand is a city in the Ahmedabad district and an up-and-coming hub for commercial Properties. This city, in the Western periphery of Ahmedabad, is known for its low cost of living and good infrastructure. The city also has several large industries, making the surrounding spaces viable for potential property development. The excellent connectivity of Sanand to Ahmedabad makes it an ideal place for those seeking to invest in Ahmedabad. The social infrastructure is also well-developed in Sanand; one can find good schools and hospitals in the locality.

Rates For Properties in Sanand

Locality Type of Property Average Sale Price ( Rs/Square feet)
Sanand House/Land Rs. 4000 to 6000

Facilities in Sanand

Facility Name
Educational Institutes
  • Mother Teresa World School
  • Smt. K.N. Patel International School
  • Apollo School
  • St. Joseph Higher Secondary School
Hospitals
  • J.K. Multispeciality Hospital
  • K.D. Hospital
  • Modi Hospital
  • Lotus Hospital
Transportation
  • Railway Station
  • Bus Station
  • International Airport
Shopping Centers
  • Satyam Mall
  • Metro Mall
  • Applewoods Galleria Mall

3. South Bopal - Well Connected and Best Place for Real Estate Investment in Ahmedabad

South Bopal, or SoBo, is a locality in the city of Ahmedabad, Gujarat. It is one of the newer residential areas in the city and is very well connected to the rest of the area, making it promising to invest in Ahmedabad. The area has a lot of green spaces and is located near some of the city's best shopping malls, entertainment centres, good schools and hospitals. The area has seen a lot of real estate development in recent years and is expected to see more.

Rates For Properties in South Bopal

Locality Type of Property Average Sale Price ( Rs/Square feet)
South Bopal House/Land Rs 4,900-8,100

Facilities in Ares

Facility Name
Educational Institutes
  • The New Tulip International School
  • DPS Bopal
  • Shanti Asiatic School
Hospitals
  • Sobo Center
  • Daffodils Plaza
  • Saraswati Multispecialty Hospital
  • Adwait Multispecialty Hospital
Transportation
  • Ambli Road Railway Station
  • Sardar Patel Ring Road
  • Bus Station
Shopping Centers
  • SOBO Center
  • Iscon Mega Mall
  • Gulmohar Park Mall
  • Suncity Shopping Center
  • Amrapali Shopping Mall
  • Amrapali Axiom

4. Maninagar - Among Best Places for Real Estate Investment in Ahmedabad

Maninagar is a neighbourhood in Ahmedabad, Gujarat, India. It is located on the city's south side and is one of the older neighbourhoods in Ahmedabad. The location and amenities like schools, hospitals, and parks make it a suitable place to live. The area has seen a lot of real estate development in recent years, and it is appropriate to invest in Ahmedabad.

Rates For Properties in Maninagar

Locality Type of Property Average Sale Price ( Rs/Square feet)
Maninagar House/Land Rs 3,600-6,100

Facilities in Ares

Facility Name
Educational Institutes
  • Doon International Public School
  • Nelsons International School
  • Vedant International School
  • Divine Life International School
Hospitals
  • Aastha Hospital
  • Sheth Lallubhai Gordhandas Municipal General Hospital
  • Pallav - J. M. Desai Memorial Hospital
  • Parimal Hospital
Transportation
  • National Highway 48
  • S.G. Highway
  • Local Bus
Shopping Centers
  • Osia Shopping Mall
  • C.G. Square Mall

5. Chandkheda - Well-Connected & Affordable Real Estate Investment in Ahmedabad

Chandkheda is a neighbourhood in North Ahmedabad located near the Sabarmati River. Working professionals and families often think about where to invest in Ahmedabad and prefer to live in this locality because of its good connectivity to the city centre and other parts of Ahmedabad. The available amenities, such as schools, hospitals, and parks, also make it a desirable place to invest in Ahmedabad.

Rates For Properties

Locality Type of Property Average Sale Price ( Rs/Square feet)
Chandkheda House/Land Rs 3,700-6,100

Facilities in Ares

Facility Name
Educational Institutes
  • Podar International School
  • Sakar English School
  • Kendriya Vidyalaya ONGC
  • Saraswati Higher Secondary School
  • Vishwakarma Government Engineering College
  • Varahi Education College
Hospitals
  • Jincy Multi Speciality Hospital
  • Satyamev Hospital
  • SMS Multi Speciality Hospital
  • Sudarshan Multi Speciality Hospital
Transportation
  • Sardar Vallabhbhai Patel International Airport
  • Ahmedabad Junction Railway station
  • Local Transport
  • GSRTC Bus Stop
  • Chandkheda Gam BRTS bus stop
  • Padma Prabhu Nagar bus stop
Shopping Centers
  • 4D Square Mall
  • Highway Mall

6. Shela, Ghuma - Scenic Location for Real Estate Investment in Ahmedabad

This place is located about 16 km from Ahmedabad on the Sarkhej-Gandhinagar Highway. It is popular for its serene and pollution-free environment. The area houses amenities like temples, schools, a lake, and a few small parks, making it the best place for real estate investment in Ahmedabad. According to data from Magicbricks, the majority of supply in both areas is dedicated to independent houses, with approximately 40-50 per cent of the inventory for residential plots, making it the best place to invest in Ahmedabad.

Rates For Properties in Shela, Ghuma

Locality Type of Property Average Sale Price ( Rs/Square feet)
Shela, Ghuma House/Land Rs 2,375-24,138

Facilities in Ares

Facility Name
Educational Institutes
  • Lakshya International School
  • St. Ann's School
  • Shreeji Image Public School
  • VIP International School
Hospitals
  • Cims Hospital
  • K.D. Hospital
  • Modi Hospital
Transportation
  • Sarkhej-Gandhinagar (S.G.) highway
  • Local Transport
Shopping Centers
  • Satyam Mall
  • Madani Mall
  • Metro Mall
  • Applewoods Galleria Mall

7. Thaltej - Residential Hub for Real Estate Investment in Ahmedabad

The delightful transformation of a small village into one of the more luxurious areas in Ahmedabad, Thaltej, is somewhere many aspire to live. The S.G. Highway has much to do with this, as it has made commuting easier for people living here. The area also has some of the city's best schools, hospitals, and restaurants. These amenities have made Thaltej one of the best real estate investments in Ahmedabad.

Rates For Properties in Thaltej

Locality Type of Property Average Sale Price ( Rs/Square feet)
Thaltej House/Land Rs 4,900-7,800

Facilities in Ares

Facility Name
Educational Institutes
  • Udgam School For Children
  • Zebra School for Children
  • Vishwabharati English Medium School
  • Vinay Vidhya Mandir School
  • M N Shukla College
  • Prakash College of Education
Hospitals
  • Zydus Hospitals
  • Sal Hospital & Medical Institute
  • Anubhuti Medical & Gynec Hospital
  • Amin's Hospital for Women
Transportation
  • Ahmedabad Railway Station
  • Ambli Road railway station
  • Sardar Vallabhbhai Patel International Airport
Shopping Centers
  • SG Mall
  • S Square

8. Satellite City - Best Social Infrastructure & Real Estate Investment in Ahmedabad

It is the city's most popular residential neighbourhood and is often the first choice for people looking to invest in Ahmedabad. There are several business and residential alternatives to select from in this neighbourhood. The area has an exceptional social infrastructure, with schools, hospitals, and parks in close proximity. The locality is also well-connected to the rest of the city, making it ideal to invest in Ahmedabad.

Rates For Properties in Satellite City

Locality Type of Property Average Sale Price ( Rs/Square feet)
Satellite City House/Land Rs 7,100-11,400

Facilities in Satellite City

Facility Name
Educational Institutes
  • New Samarth English School
  • Ahmedabad International School
  • Shri Narayana Central School
  • Satellite School for Children
  • MLC College
Hospitals
  • Devi Hospital
  • Shanti Multi Speciality Hospital
  • Shalby Hospitals - Multi-Specialty Hospital
  • Global Hospital
  • Rushabh Medi Surge Hospitals Private Limited
Transportation
  • Ambli Road railway station
  • Sardar Vallabhbhai Patel International Airport
Shopping Centers
  • Ahmedabad One Mall
  • R3 The Mall
  • The Acropolis
  • The Grand Mall

9. Ambawadi - An Ideal Real Estate Investment in Ahmedabad

The location of Ambawadi, Ahmedabad, is highly suitable for residential living and real estate investment. It's a premium locality in the western part of Ahmedabad city. Regarding infrastructure, safety, and other amenities, the locality is rated highly by the people living in the area. The locality is well connected by the BRTS network, has a bullet train station nearby, and is mapped under the upcoming metro route. The area is highly suitable for residential purposes as it is near several business parks and has excellent transportation connectivity.

Rates For Properties in Ambawadi

Locality Type of Property Average Sale Price ( Rs/Square feet)
Ambawadi House/Land Rs 5,600 - Rs 8,000

Facilities in Ambawadi

Facility Name
Educational Institutes
  • SIS Prep International School
  • Mahatma Gandhi International School
  • GLS English Medium Primary School
  • ELEI AMC School
  • Shreyas School
  • Navkar Public School
Shopping Centers
  • Ahmedabad Central Mall
  • Ahmedabad One Mall
  • Iscon Mega Mall
  • Gulmohar Park Mall
  • The Grand Mall
  • Krishna General Stores
Commercial Hubs
  • Software Technology Parks Of India
  • Titanium Business Park
  • Pinnacle Business Park

10. Sindhu Bhavan Road, A Locality Worth Investing in Ahmedabad

One of the most expensive localities of West Ahmedabad is Sindhu Bhavan Road. There are various residential properties across Sindhu Bhavan Road, especially villas, flats, and plots. As one of the prime residential areas, Sindhu Bhavan Road is well connected by roads. The Ahmedabad Municipal Transport Service connects Sindhu Bhavan Road well to the city. Furthermore, it is close to the airport. Apart from this, various schools, hospitals, and entertainment facilities are also available in this location.

Rates For Properties in Sindhu Bhavan Road

Locality Type of Property Average Sale Price ( Rs/Square feet)
Sindhu Bhavan Road House/Land Rs 8,100 - 13,200

Facilities in Sindhu Bhavan Road

Facility Name
Educational Institutes
  • The New Tulip International School
  • Ahmedabad International School
  • Divya Jyot - Best CBSE English Medium
  • JG International School
Hospitals
  • Global Hospital
  • Adwait Multispecialty Hospital
  • Zydus Hospitals
  • SAL Hospital & Medical Institute
Transportation
  • Ambli Road Railway Station
  • Sardar Vallabhbhai Patel International Airport
  • Vastrapur Railway Station
  • National Highway-147
  • Ahmedabad Municipal Transport Service (AMTS)
Shopping Centers
  • Ahmedabad One Mall
  • Gulmohar Park Mall
  • Iscon Mega Mall

Conclusion to Where to Invest in Ahmedabad

The scenario for investing in Ahmedabad is bright with the city's new development plans. The city attracts people from all over the country and the world, which is a good sign for the real estate market. Depending on the budget and preferences, there are many good areas in which to make real estate investments in Ahmedabad. The places mentioned above are some of the best real estate investment options for the question of where to invest in Ahmedabad.