Gift City extravagant condominiums

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 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 Gift City Ahmedabad for job opportunities and have settled down here. Based on the recent study, the supply shows a different trend. There is an increase in supply in the larger units 3 BHK and 4 BHK by 2 to 3 per cent and in premium housing unit’s price range – more than 1 crore and above that has witnessed a rise in the supply by 25 per cent, while the demand is only for 7 per cent. The other segments remained stable in all budget categories. This shows a clear mismatch in the demand and supply in the residential real-estate for all housing categories. Today, it is important that to bridge this gap between demand and supply, there has to be proper focus on constructing more projects in affordable range with the support of Public Private Partnership.

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. Ahmedabad has established itself as the ideal real-estate destination in Gujarat. If you are planning to buy an apartment or house in Ahmedabad, here are few locations that are ideal for investment. Straddling the Sabarmati River is Ahmedabad, the largest city of Gujarat. It has a very rich history and tradition and is home to many prominent national leaders, such as, Mahatma Gandhi and Sardar Vallabhai Patel.