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Tuesday, 28 January 2014

Properties in Ahmedabad: On the Road to Development

While 2013 remained a 'down in dumps' year for Ahmedabad real estate, New Year is like a whiff of fresh year for its buyers. The city is witnessing a number of  infrastructural developments across different localities. One such development that is under consideration is the construction of  Mumbai-Ahmedabad high speed corridor. A route of 535 km and a journey of two hours shall be covered by means of  bullet trains, running at 320km/h. Such a project, when comes into picture, shall lessen the distances  between two states considerably.  But this is not the only major development that the city shall be seeing in near future. There are more in pipeline.

Another important development that is going to benefit the occupants of residential properties at Ahmedabad is establishment of basic civic amenities in newly developed towns. Such a step shall play a vital role in integrated town developments in the city. Lately, localities like Bopal, Narol, Sanand and Vejalpur have emerged as the colonies with high rate of residential development. Unlike previous times, the introduction of civic amenities shall be a great relief to the occupants.

Yet another development that is on cards is the establishment of 12 multilevel parking complexes. This step taken by Ahmedabad Municipal Corporation (AMC) is going to solve parking issues that arise due to lack of space. This multilevel parking is Ahmedabad properties shall include introduction of health and sports clubs under  flyovers, thus making good use of the available space.  The BRTS network shall be covered under Wi-Fi system, allowing people to remain connected all the time. AMC has also announced halving of the tax on rented properties. The authority has exempted different types of hospital taxes. This shall come as a big relief to tenants who had to spend on paying these taxes.

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