Gift City News Impressive Residential condominiums

Data for the past few years show that for example, in 2011, one of the worst years for equities when the Sensex fell nearly 25%, prices of homes in most Indian cities remained firm despite the overall economic uncertainty, both in global and domestic markets during the year, prices in nine out of 15 cities covered by the National Housing Bank's residential index, called Residex see chart, rose, except in Ahmedabad, where prices remained flat. Gift City Latest Update Comparison, if you had invested in real-estate stocks, the value of your investment would have fallen by nearly 50% between December 2010 and December 2011. Even if one considers the period from end-2008 till March 2012, which saw a widespread slump in equity and property markets worldwide due to the global financial crisis, real-estate in India gave positive returns in most instances.

As many as 11 out of 15 Residex cities gave positive returns during the period, the only exceptions being Hyderabad, Jaipur, Kochi and Bengaluru commodities such as gold and silver, however, were the other winners, beating real-estate. Ahmedabad property market is the largest real-estate market in India. With a population of around 5 million people, Ahmedabad and its suburbs encompass one of the biggest urban agglomerations in the world that is only second to Tokyo. The population of Ahmedabad is increasing at a massive rate. Gift City News The rate of developing new residential and commercial property in Ahmedabad has always been lower than the rate increase in population. As a result, you come across families in Ahmedabad who are forced to live in small rooms. According to the national census of India of 2001, every other person in Ahmedabad is living in slum. All these facts point to the amount of intricacy you can face while locating a suitable property in Ahmedabad either to buy or rent-in. The exact rate in certain locations will depend on the incidence of market drivers there apart from Ahmedabad, Surat and Vadodara as well as rank high in the state’s real-estate sweepstakes. As Gujarat’s second largest city, Surat is all set to become an international diamond trading hub.

It is located on the Golden Quadrilateral highway and is well connected to Mumbai and Delhi. These are major market drivers. Vesu, Piplod, Pal, Adajan and Varachha Road are the traditional residential destinations, and suburban locations such as Bamroli, Khajod, Palsana and Puna Kumbharia Road are coming up. Vadodara is Gujarat’s third-largest city and another preferred emerging investment destination. GIHED is as well as in touch with Confederation of Real-estate Developers of India CREDAI and present the case of real-estate sector before the Government of India, said Dipak Patel, president of GIHED. Talking on the sidelines of the 11th GIHED property show in Ahmedabad, Patel said recently the Gujarat Government had given industry status to tourism sector as it was as well as creating many jobs. According to him, over past one decade, the real-estate sector across the country has become organised and evolved in many aspects - technology, marketing, branding and legality wise.

Property Mart is Leading Real estate Consultant in Bangalore from past couple of years offering to Book Prestige New Projects in Bangalore. For Booking Call us on: @ +08971315026 and Visit Out official site http://giftcityahmedabad.in