Ahmedabad and Gandhinagar have the necessary infrastructure and an
affordable price range. As a result, numerous builders from other states as well
are now considering Ahmedabad as a potential market to establish their
presence.
The expanding central business district of the twin cities of Ahmedabad and
Gandhinagar is the Gift City that is attracting BFSI and NBFCs, while the
infrastructure development includes the Mumbai-Ahmedabad High-Speed Rail
and Ahmedabad Metro Rail. Furthermore, future projects like Gift City Phase-2
and -3 that will promote walk-to-work culture and Dholera’s new airport project
that will handle 50 million passengers annually.
There has been remarkable growth and transformation of Ahmedabad and
Gandhinagar in recent years, Infrastructure remains a paramount concern for
individuals, regardless of whether they are associated with commercial or
residential sectors. Over the past ten to fifteen years, Ahmedabad has displayed
significant progress in this domain, surpassing other regions across the nation.
Ahmedabad has experienced significant growth in real estate, with the past 20
years being its golden era. The city’s transformation has been extensive, with
improved infrastructure and efforts to attract new businesses by successive
administrations being key factors. Innovations like GIFT city are entering
unexplored areas, generating new demand, and altering the client mix. Real
estate development has been thriving in both the Northern and Southern parts of
Ahmedabad, while the Western region remains influential.
Ahmedabad and Gandhinagar are transitioning from a manufacturing population
base to a more diverse population, drawn to the lifestyle and facilities. Service- based industries are expanding, necessitating infrastructure investments in areas
like Gandhinagar and GIFT City. Industrial corridors like Sanand, Changodar
support specific sectors, with real estate investment patterns expected to vary.
Affordable housing solutions near these industrial areas will be crucial for
incoming workers.
