Investing in Flats in Ahmedabad a Good Investment Decision

Ahmedabad flats seen a paradigm shift in demand. Earlier the sleepy city is seeing a steady influx of investments. NRIs as well as locals are keen to purchase Ahmedabad apartment. The city too offer Ahmedabad flats that suit various pocket sizes. Flats in Ahmedabad are in high demand due to growing opportunities in the city. The city is emerging as the new automobile hub and many new employment opportunities has been created as a result more and more people are keen to invest in flats in Ahmedabad.

Ideally a flat in Ahemdabad should not cost more than a few lakhs but luxury Ahmedabad Apartment can cost upto a crore. It is an wise decision to invest in the city as the city is currently in a growing phase and sooner or later the flat in ahmedabad are going to fetch huge returns. Initially  real estate market on account of problems such as lack of regulation, high retail inflation, faulty builder-buyer agreements favouring developers, uncertainty over the completion date of project and rising property prices. This had caused a drastic drop in sales across all major Indian cities. But, this year experts are expecting that the sales figures will rise as several new benefits like increase in the IT exemption from 2.0 lac to 2.5 lac and increase in the income tax exemption on repayment of interest on home loan from 1.5 lac to 2.0 lac has improved the overall outlook of the real estate scenario.

Also one must also remember that the Gujarati city offer plenty affordable Ahmedabad flat which is the current flavor of the season. Investors are looking to invest in affordable properties in promising destinations and flats in Ahmedabad fit perfectly in the bill. So if you are looking to buy a flat in Ahmedabad then do not hesitate to invest in one as in the long run it is surely going to fetch very good returns.

Invest in Real Estate in Ahmedabad

Property Ahmedabad at Makaan.com

Property Ahmedabad has been in high demand owning to growing infrastructural projects in the city. Real estate Ahmedabad has been growing steadily over the past few years. Gone are the days when people feared of invest in properties in tier 2 cities. Investors have shown keen interest in real estate and flats in Ahmedabad. Many NRIs too invest in Ahmedabad real estate in order to have a second home or a vacation home in India. 

Several builders have developed their project keeping NRI investors in mind. Integrated societies that offer 24X7 security have attracted NRI investors. Real estate in Ahmedabad has also given good returns on investment. Many people who had invested in real estate in Ahmedabad on the outskirts of the city have also seen a handsome ROI. Development of luxury property Ahmedabad has also been on the rise. Real estate Ahmedabad seen a spurt in the rise in number of launches of luxury property Ahmedabad. 

Ahmedabad houses hundreds of large-scale companies like Adani Group, Adani Power, Ahmedabad Spinning and Weaving Company Limited, Arvind Limited, Cadila Healthcare, Dishman Pharmaceuticals and Chemicals, Infibeam, Intas Biopharmaceuticals, Mapin Publishing, Nirma, Symphony Limited, Torrent Group, Vadilal, etc. People can seek to invest in properties in Ahmedabad that lie close to office and commercial areas.The city also hosts several reputed educational institutions. Families with children can look to invest in real estate in Ahmedabad near popular and reputed school or colleges. India's most prestigious college for MBA IIM-A is also located here. 

Ahmedabad also offer numerous tourist attraction like Gandhi Ashram (Sabarmati Ashram), Kankaria Lake, Science City, Sidi Sayed Mosque, Rani Roopmati Mosque, Adalaj Vav, Jhulta Minara, Bhadra Fort, Teen Darwaja, Jumma Masjid, Calico Textile Museum, Sardar Patel National Memorial, ISKCON Temple, Hutheesing Jain Temple, Swaminarayan Temple, Hussain Doshi's Gufa etc. People looking to buy a second vacation home can think of investing in real estate in Ahmedabad and property sale near these areas.