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Gift City Stunning and undoubtedly great location

Author: Gift City
by Gift City
Posted: Jan 10, 2018

Among real-estate developers, cash crunch has as well as been troubling issue since last six months. Money has not been rotating among developers. This has resulted in developers being forced to offer discounts, leading to 5-10 per cent correction. Gift City this continues, the rate of correction in property prices could go up further says Hitesh Shah, chief executive officer residential properties, Space Management, an Ahmedabad-based real-estate consulting firm concerned about a widely shared perception regarding Gujarat Chief Minister Anandiben Patel’s children: Anar and Shwetank (Sanjay)’s emergence as parallel power centres who interfere in the governance and influence decision making, Prime Minister Narendra Modi has reportedly asked his successor and protégé to dispel the perception and rectify her image that has apparently taken a beating giving rise to speculations about her continuation at the helm of government.

The way, the perception has been built and spread, it’s a matter of great concern and Prime Minister and others have conveyed to her to rectify and improve the image, said a top source close to her and the Prime Minister not only in Gujarat, even in Delhi, it has become a point of discussion regarding her children's involvement in the governance process, he said, stressing that this perception has been created by her rivals from within the party as well as opponents. Neither of the two, Anar or Shwetank, have ever tried to interfere in our work, the official, however, added. It is learnt that the Prime Minister Modi had a word with Chief Minister Anandiben Patel on the issue when she had gone to Delhi on January 25, the day Amit Shah was elected as BJP president. Gift City Ahmedabad BJP workers and bureaucracy have even started drawing comparisons between her government and that of Keshubhai Patel, who also faced allegations of interference and corruption by his family members that eventually led to his unceremonious removal from the power in October 2011. Ever since the 73-year-old Ms. Anandiben Patel took over as Chief Minister of Gujarat succeeding Mr. Modi following the parliamentary polls in May 2014, an impression has gained ground that her two children are powerful and wield influence in the government. Ahmedabad’s real-estate market has grown tremendously over the past decade thanks to ultra-progressive policies and intelligent development governance. The city is providing extraordinary and unprecedented returns on the real-estate front, and is one of the most exciting investment destinations in India today. Developers and investors from all over the country are beating a straight path to Ahmedabad office space investments have shown amazing growth, with capital values for commercial properties rising by as much as 20-30 per cent in areas such as Prahladnagar, Sarkhej-Gandhinagar. Highway, Ashram Road and some parts of East Ahmedabad.

Residential property appreciation in the city has been to the tune of 50 per cent over the last three years. The areas currently commanding the highest demand for residential space are South Bopal, Bodakdev, Vastrapur, Nicol, Nava Naroda and New Ranip. Flats, apartments, serviced apartments, bungalows, penthouses and township properties are cropping up all over to meet the demand. In the past, residential development in was predominantly in the individual bungalow segment, and even today new bungalow schemes can be found on the outskirts of Ahmedabad city, especially along the Sardar Patel Ring Road. However, the scarcity of land and expensive real-estate prices in the city have brought in the trend of apartment houses in form of high-rise towers in the city the prime residential areas in the city are Shahibaug (in the northern part of the city), Satellite, Bodakdev, Vastrapur, Prahladnagar, Thaltej (in the western parts of the city), Maninagar and areas around Kankaria and Chandola Lake in the southern eastern parts of the city.

About the Author

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

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Author: Gift City

Gift City

Member since: Jun 15, 2017
Published articles: 144

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