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) |
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S.G. Highway | House/Land | Rs. 3,400-4800 |
Facilities on SG Highway
Facility | Name |
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Educational Institutes |
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Hospitals |
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Transportation |
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Shopping Centers |
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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) |
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Sanand | House/Land | Rs. 4000 to 6000 |
Facilities in Sanand
Facility | Name |
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Educational Institutes |
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Hospitals |
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Transportation |
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Shopping Centers |
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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) |
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South Bopal | House/Land | Rs 4,900-8,100 |
Facilities in Ares
Facility | Name |
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Educational Institutes |
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Hospitals |
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Transportation |
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Shopping Centers |
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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) |
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Maninagar | House/Land | Rs 3,600-6,100 |
Facilities in Ares
Facility | Name |
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Educational Institutes |
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Hospitals |
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Transportation |
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Shopping Centers |
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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) |
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Chandkheda | House/Land | Rs 3,700-6,100 |
Facilities in Ares
Facility | Name |
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Educational Institutes |
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Hospitals |
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Transportation |
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Shopping Centers |
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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) |
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Shela, Ghuma | House/Land | Rs 2,375-24,138 |
Facilities in Ares
Facility | Name |
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Educational Institutes |
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Hospitals |
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Transportation |
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Shopping Centers |
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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) |
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Thaltej | House/Land | Rs 4,900-7,800 |
Facilities in Ares
Facility | Name |
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Educational Institutes |
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Hospitals |
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Transportation |
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Shopping Centers |
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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) |
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Satellite City | House/Land | Rs 7,100-11,400 |
Facilities in Satellite City
Facility | Name |
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Educational Institutes |
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Hospitals |
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Transportation |
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Shopping Centers |
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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) |
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Ambawadi | House/Land | Rs 5,600 - Rs 8,000 |
Facilities in Ambawadi
Facility | Name |
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Educational Institutes |
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Shopping Centers |
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Commercial Hubs |
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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) |
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Sindhu Bhavan Road | House/Land | Rs 8,100 - 13,200 |
Facilities in Sindhu Bhavan Road
Facility | Name |
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Educational Institutes |
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Hospitals |
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Transportation |
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Shopping Centers |
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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.
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