Enjoy Living Luxury Life By Investing In Ahmedabad Property

Located within the Ahmedabad Municipal Corporation Limits, Godrej Garden City is home to nearly 1500 families. It boasts of world-class amenities and the architects of the project are Skidmore, Owings and Merrill (SOM), who have designed the Burj Khalifa, the tallest structure in the world.

Godrej Garden City is one of the property in Ahmedabad promotes sustainable living with 10 acres of space around the complex beautifully landscaped housing walkways, jogging tracks and children’s play areas. Because of the green initiatives, it has received the Green Residential Society Platinum Certification from the Indian Green Building Council.

As it is a gated community, it offers the privacy you desire. The township has a 3-tiered security system which is quite robust. It also offers a covered parking facility with reserved spaces. There's a separate parking area for visitors.

The township offers all civic amenities within the confines of the including medical centres, banks, schools and hospitality outlets. Additionally, there is a club house sprawling across 70,000 sq feet that offers world-class facilities. There are several other recreational facilities such as an indoor play area and a swimming pool.

Located at Jagatpur, about 1.8 km from the SG Highway, Godrej Garden City is easily accessible from the airport which is just a 40-min drive. The nearest railway station also merely 20 km away. It's also close to the BSNL Training Institute and the Nirma University.

Built by one of the most trusted names in the real estate industry, Godrej Properties, Godrej Garden City offers affordable green homes for a high-end living experience. Bajaj Housing Finance Limited offers home loan up to Rs. 3.5 crore to help you buy your dream apartment at Godrej Garden City.

Additional Read: Ahmedabad: The Upcoming Real Estate Destination

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Flats or Villa – Which is better for long term investment?

Investing in real estate is a big commitment. On top of that, one needs to explore every available avenue of information before investing their hard-earned money. Most people debate between the option of a flat or villa. The decision on whether you are going to invest in a villa or a flat boils down to your budget.

Your finances should dictate the choice. It is best to explore all the options in projects such as the Godrej Garden City Ahmedabad. When you take a closer look, flats come much cheaper than stand-alone villas. But, the space accorded by villas is much more. If you do the math and a bit of research, the amount of money you will be spending on a villa these days can get you on a duplex, luxurious apartment. The choice should be based on your requirement and lifestyle choices.

Next is the maintenance cost. Villas are naturally larger than flats and hence, require higher per-square-foot maintenance. In case you are investing in a villa with a huge garden, you need to pay for its maintenance. However, many flat owners are known to have large terraces and plants, and hence, the expenses remain the same. If you go in for a builder villa, you can get the same level of maintenance. However, most people find it easier to take care of a flat or apartment.

Also Read: Flat vs villa: What should you invest in?

Location plays a very important role these days – especially when it comes to real estate properties. It is best to invest in a property that is well-connected with the rest of the city, located at the heart preferably close to basic amenities like health care facilities, schools/colleges, market complex and the likes.

Also, investing too much of your savings can cause a strain on your budget. It is thus suggested that you opt for home loan in order to lessen the burden of payment and repay the loan as per your convenience. Bajaj Housing finance offer low interest home loan.

Additional Read: What Exactly Constitutes Affordable Housing?

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Ahmedabad: The Upcoming Real Estate Destination

Planning to buy property in Ahmedabad? As buying property is a very personal decision it is good to have the right knowledge before making your decision. Moreover, what Ahmedabad as a city holds for you will largely depend on what your priorities are. Let’s know about it below - 

Affordability: Ahmedabad holds a number of popular real estate pockets such as Satellite, Gota, Prahlad Nagar, SG Highway, Chandkheda etc. offering amenities-rich housing. With the average price of property starting from Rs. 17.50 lakhs for 1 BHK flat in Ahemdabad unit there are ample housing projects like Samarth Stanza and others, home buyers can check out. Besides, the rapid development of the city ensures the invested property reaches a good appreciation value.

Easy finance: Keeping with the demand of affordable housing leading lenders such as NBFCs and financial institutions offer low interest home loan. This allows users to book the property of their choice and easily pay off the home loan. Besides, one can apply for the loan online with minimum paperwork and save both time and effort in the process.

Best developers: The real estate is a growing sector of the city largely owing to its developers. With names like Adani, Sun Builders, Savvy Infrastructures, Godrej Properties and so on. There is a dearth of reliable and reputable builders who offer quality housing projects for people from all walks of life.

RERA Approved: Ahmedabad offers RERA approved real estate projects which has made home buying simple, easy and fast. One can find the details of housing projects in Ahmedabad on RERA’s official website for home seekers to make their decision.

Additional Read: Why You Should Invest In Real Estate In Ahmedabad?

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Most Popular Locations in Ahmedabad to Buy A House

Of late, Ahmedabad has emerged as one of the prominent cities that offers housing across various segments. The initiatives being taken to convert it into a smart city are expected to further boost its infrastructural as well as real estate potential.

Ahmedabad’s real estate market is mostly end-user driven, where there has been plenty of demand in the affordable housing segment. However, the rising popularity of certain localities reveals a good trend that Ahmedabad residents are increasingly on the lookout for convenient homes, houses that live up to their lifestyle expectations and aren’t very far from their workplaces.

A quick glance at some of the real estate websites reveals that flats in Chandkheda, Thaltej, Gota, New Ranip, Vastrapur, Satellite, Vastral, Bopal, Motera, as well as flats in Shahpur are in good demand, and are counted amongst the popular investment destinations in Ahmedabad. The overall price range of these properties is Rs. 2000 - Rs. 6500 per square feet, depending mostly on the developer and the exact location of the project. The amenities on offer and the age of the property also play a key role.

Regardless of the recent slump in the real estate market, after demonetization, the residential property in Ahmedabad are on the rise again, but majority of them are concentrated on the northern and western parts of the city. Since Ahmedabad’s central business district, Ashram road is mostly saturated, a lot of commercial spaces and offices are being developed in and around the SG Highway. Resultantly, various residential projects have also come up at these places.

Anyone who wishes to buy residential property in Ahmedabad should first start by getting acquainted with all the popular areas of the city. Let’s tell you a bit about few of them:

Satellite - The pricing of the properties here is a good indicator of its popularity among the well-to-do population of the city. You won’t find many affordable homes here, as the majority of the units on offer are 3 BHK or 4 BHK, with prices ranging from Rs. 1.3 crore to Rs. 1.85 crore. It’s well connected by the Bus Rapid Transit System and Ahmedabad Municipal Transport Services. Its connectivity via SG Highway keeps the housing demand constantly good in this area.

Vastrapur – This is the place which hosts Gujarat University, NIIT and Indian Institute of Management. From the real estate perspective, it attracts a lot of student population, mid-segment homebuyers and people looking for some of the most premium homes. You require a minimum of Rs. 75 lakh to purchase a 2 BHK unit here. A 3 BHK apartment in Vastrapur may set you back by anywhere around Rs. 1 crore. Going by the trends, the prices here have stabilized over the past 1 year. No drops are expected in the near future either.

Thaltej - Anyone who wishes to buy an affordable home, yet enjoy the location advantage (with regard to the connectivity to SG Highway), must consider buying a property in Thaltej. It is home to a good number of corporate offices, which automatically improve the residential outlook of the area, keeping demand always high. A 2 BHK property here would cost you around Rs. 50 lakh, while a 2 BHK apartment in Thaltej unit may make you spend anywhere in the vicinity of Rs. 95 lakh.

To conclude, anyone who wishes to buy property in Ahmedabad, must do ample due diligence, study all the popular locations and check property rates in Ahmedabad, before coming to a final decision.

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