Gift City update news Red carpet and amazingly righteous Residential location

Ahmedabad city is divided into two regions by Sabartmati River Eastern and Western Region. The Eastern part houses the old cities, old bazaars, temples and the main railway station while the western side is well planned it has many education institutions, residential colonies, shopping malls and the famous CG Road and SG Highway. Today with the excellent development, it is one among the top 10 cities to invest for Stamped as the Gift City Latest Update to reside and earn, it is alluring many people across India as well as expats and NRIs to invest in it. Needless to mention, it has a good infrastructure that is the main reason behind the real-estate boom is witnessing development of residential townships, flats, apartments, row houses, malls, flyovers and office space and all these additions are changing the skyline of the city. Almost all the developments are happening in the western side of Ahmadabad, in areas such as, Sabarmati, Naroda, C G Road, CTM, Ashram Road, Shahibaug and Satellite where there is a huge potential for residential growth.

In the last few years the capital appreciation has been around 50 per cent. After the current government announcement to provide affordable for all by 2022, Ahmedabad has gained good demand for affordable housing segment and to boost the demand, government has announced friendly policies. Based on these policies, the housing projects in Ahmedabad are available at an affordable range from Rs. 3 lakh to Rs. 25 lakh. Gift City News developers such as Tata Housing, Adani Township and Real-estate and Arvind Real-estate are creating such landmark buildings for the growth and to offer housing projects for all in India. Small units such as one bedroom have seen an upswing in demand by 3 to 4 per cent in the last few months, while the 2 BHK and 3 BHK housing demand has remained stable residents in Ahmedabad prefer apartments and flats when compared to other residential categories, such as, independent homes, villas or a residential plot and land. This transformation among people is attributed to rising land values in the last six to seven years. One has as well as seen the demand upsurges in the gated communities also, but the demand for this segment comes from the migrant population who had come to Ahmedabad for job opportunities and have settled down here.

Are the rising sowing seeds of doubt in your mind about the future of your proposed Do you wonder whether the bubble is set to burst and if it is better to wait for prices to fall a little before taking the plunge given the trend of rising property prices over the last few years, the price of the property you have shortlisted will most expected keep going up as you wait. Residential real-estate has one asset class whose prices have been steadily rising in most markets. Though analysts have been saying the residential property market in locations such as the Delhi-National Capital Region and Mumbai is ripe for a price correction, developers have been able to hold on to prices even as buyers wait for a fall. Given the demand-supply imbalance, the trend is expected to continue and your investment will in all possibility stand you in good stead even when other assets take a beating. 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. In 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.