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Gift City 5 star and Really quality location
Posted: Jan 20, 2018
A new company is entering the real-estate market of Gujarat, a very successful businessman Girish Patel founder of Paras Pharmaceuticals is planning to build a 170-acre integrated township project at Sanand, a city lays in Ahmedabad district. After selling his stake in Paras in 2010, for Rs. 1, 000 crore, he turned investor and now aims to be a developer. Mr. Girish is closely working on the real-estate project planned at Sanand, which he thinks has the potential to develop into the next Gurgaon. Sanand is hardly 30 km from Gift City and is close proximate to German engineering major Bosch Rexroth, and 2 km from Tata’s Nano project and Ford India’s upcoming plant. It may sound such as a paradox but the rental market of Gujarat city is showing bias in two directions when it comes to the property acquisition on rent. While the housing market is showing rental bias in the negative direction, the same property index is going northwards in the commercial vertical of property even among the different segments of commercial property the trend is not uniform as demand for retail space is not as high as the demand for office space.
It seems the rental index of the major markets such as Ahmedabad, Vadodara and Surat is quite confusing and there is no emerging trend to show a direction. However, a closer look at the property market movement on ground in the state shows some method in the madness. The other reason could be that the developer could plan and offer a better choice, which would make an improvement on the quality of life of the home buyer. Gift City Ahmedabad is as well as a lot of interest shown for the localities of interest are around Waghodia Road, which is on the east of the city and Gotri, which is on the west. The other areas where residential developments are taking place are on the Vadodara-Halol Expressway and Vasna Bhayli. New housing is as well as coming up in Ajwa Nimeta a village which is about 15 km from the city. On the anvil is the Mumbai-Vadodara Expressway which will further boost prices of flats in Vadodara. Gujarat is well connected both internally and externally through the intricate transit system and this thing adds to the commercial value of this state. The key projects of this state in the form of hotels, SEZs, gated communities, integrated townships and specialty townships such as IT corridors and financial products townships have come up a really big way. Apart from that the favourable FDI policies have as well as confirmed to be really beneficial for the Gujarat realty sector.
It gives it an advantage of having access to all major port based countries such as UK, China, Japan, Korea and the Gulf countries it is as well as a gateway to the rich land-locked northern and central hinterland. Kandla was chosen to be a major port on the west coast by the Government after port of Karachi went to Pakistan after Independence. Total traffic at the Kandala port has always seen an upward move. It grew at around 14% CAGR during 2004-2005 to reach all most 80 MMT in 2009-2010 this is higher than the 8% average CAGR for all Major ports in India. Gujrat but pedestal and ceiling fans remain the most popular local products. Terracotta Vases of Gujrat are famous all over Pakistan and feed the aesthetic needs of people in other prominent cities. Some other popular handicrafts of Gujrat include woollen shawls, embroidered clothes, hukkas, flowerpots, and cotton mates because of being away from the central Punjab Gujrat was ignored on infrastructural and developmental front. However, a lot of progress was witnessed during the mid of 2000s and many roads, colleges, health centres and other institutes of public service were constructed to benefit the citizen of Gujrat.
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