Real Estate Boom in Ahmedabad - An Overview of Key Areas

Ahmedabad, the largest city in Gujarat, has seen rapid real estate development in recent years. Several factors have contributed to this boom - a thriving industrial sector, the focus on infrastructure under the Gujarat model of development, and massive urbanization leading to increased housing demand.

Western Ahmedabad

Western Ahmedabad has emerged as a preferred location for residential projects targeting the affluent classes. Areas like Prahladnagar, Satellite, Vastrapur, and Sola offer premium housing with excellent connectivity and proximity to schools, hospitals and commercial hubs.

Some major projects in western Ahmedabad include Adani Shantigram - a large integrated township spread over 600 acres comprising luxury residences, office spaces, retail outlets and amenities. Shantigram houses over 3000 families today. Other projects include Gulmohar Green by Mahindra Lifespace, Alpha One by Alpha Corp and an exclusive residential project Popcorn Hills.

South Bopal

Areas like South Bopal have seen significant realty development off late. Several projects offer 2/3 BHK premium apartments and villas targeted towards urban professionals with site amenities like gardens, play areas, multipurpose halls etc. Some of the popular projects here include Priyaar, Amritam Iconica, Aayush Residency and Shantam. Bopal is also witness to affordable housing projects by government bodies like AUDA (Ahmedabad Urban Development Authority).

Prahladnagar

This commercial hub near satellite has transformed into a lifestyle destination with integrated township projects offering residences, malls, office spaces and hotels - including SG Highway Summit by PS Group, Trinity Business Park and Goyal Intercity. The Sabarmati Riverfront, visible from here has further boosted the prospects. As outlined previously, this area near Satellite road has many offices, IT parks, restaurants and shopping options. New commercial projects include ICC Tech Park, DevX Corporate Tower, The Executive Centre and more. The proposed metro rail expansion in the area will further boost realty here both for businesses and professionals eyeing work-live spaces.

Gota, Chandkheda

While primarily residential areas, Gota and Chandkheda are now seeing budget housing projects targeted towards affordable home seeking segments of mid to low income groups. Government initiatives like the Pradhan Mantri Awas Yojana are giving impetus to such township projects focused on affordable smaller units.

Thaltej, Shela

Integrated township projects are coming up rapidly in these areas located opposite Gandhinagar, given the ease of access they provide to both Ahmedabad and Gandhinagar. Projects here span both affordable housing as well as luxury apartments and penthouses along with civic infrastructure. Sterling Residency, Aditya Gold Crest and Mahavir Harmony are some developments to look out for.

S. G. Highway

The Sarkhej-Gandhinagar Highway is emerging as a nerve centre for new commercial spaces, given the connectivity it provides. Many projects integrate office spaces with amenities. Key developments include GIFT City featuring towers like World Trade Center, Brigade International Financial Center and Godrej Hillside. Other mixed-use projects on S.G. Highway include Zydus Corporate Park, Unity One, and the upcoming innovation hub iCreate.

Bopal

While largely a residential suburb, Bopal is now seeing fresh commercial development given the expanding population and connectivity. Some commercial spaces here include Avenue Supermarts, Majuria Square and the under-construction Bopal VMART. More project approvals are in pipeline.

Airport Periphery

The outskirts near Ahmedabad International Airport are expected to harbour significant commercial development as industries and companies leverage the proximity and ensuring connectivity. Argent is developing a 36 acre business park, while other planned projects include Airport Square, Momentum Logistics and Industrial Park. The key driver remains the upcoming multimodal transport hub integrating air, road and metro rail.

Alongside residential projects, commercial real estate is also evolving in Ahmedabad, driven by growth in sectors like IT/ITeS, banking and financial services. Ahmedabad real estate is headed towards increased planned, integrated development across regions - connecting residential spaces with commercial hubs. Civic urban infrastructure is also expanding in parallel to improve the liveability of citizens. For home buyers and companies, the rapidly evolving options provide something across location and budget preferences.