New Townships and Contemporary Architecture Giving a Push to Ahmedabad Property

Mumbai property at Makaan.com

Like other tier-II cities in India, Ahmedabad too is undergoing the price crunch and low liquidity rates. A majority of buyers of residential properties in the city belong to middle-income bracket, and so, they find the price escalation, howsoever marginal, a too big an ask for. The realty market in 2013 did not undergo any substantial development: the buyers continued to shy away from purchasing even the otherwise affordable brackets and prices remained almost stagnant. The incomes did not get grow, so for middle-segment, even the budget properties remained out of reach. But everything has not lost. We are going to t how light on what is happening here in terms of real estate development.

Property in Ahmedabad got a big boost when Arvind Ltd., a top player in textile industry, announced its foraying into the realty market. The company shall tie up with the eminent Tata Housing and shall come with a contemporary township in an area called Moti Bhoyan. Coming up in Ranchard, it will be a township stretched over 6.5 lakh square yard. The residential houses shall be top-class luxury properties, ranging in 1.5-5 crore bracket.

Another major change that has come to light is the construction of unique interior and outer architecture of Ahmedabad property. Unique constructions are fastly occupying city's landscape.  Builders are coming up with designs that are laced with modern aesthetic styles, attractive lighting systems, and dramatically beautiful exterior architectures. Such constructions have been brought into existence to offer something new to the buyers. According to chairperson, HN Safal, Mr. Uday Vora, such a change would be welcomed by the buyers, as people love change.

Positive trends have been noticed from investors' side too. Till now, they weren't showing any substantial proclivity into investing in the city. But the things have changed: they are expecting the prices to soar in the coming months, so they are showing positive sentiments for rolling out their money on new projects.