Ahmedabad Discussions

[TheOptimist]

Ahmedabad – The realty hotspot for investors



In the existent scenario, the real estate sector in Ahmedabad is thriving. Real Estate in Ahmedabad is currently enduring dramatic changes due to the development of residential townships, malls, office spaces, flyovers and road improvements. All this infrastructural growth is altering Ahmedabad’s cityscape. Ahmedabad is one of the fastest developing and growing cities in India. Ahmedabad is proving to be an ideal city for buying residential and commercial property because of availability of excellent infrastructure and all the basic facilities.

The city, endowed with all the basic features essential for growth, has prompted many realtors to launch their projects in the city. Some of the key projects of the city like SEZs, hotels, integrated townships, gated communities, specialty townships, commercial complexes, malls, multiplexes and IT corridors have uplifted real estate scenario. The city is well connected, internally as well as externally through its elaborate transit systems, adding to its real estate values.

Crave a life of luxury?

Simply visit some of Ahmedabad’s posh localities to get a taste of luxurious living. The Gujaratis, one of India’s largest business communities, love to live well. Plush bungalows in Ahmedabad prove the point. A home is a place where emotions, cultures and values are sown. It is a place where one unwinds after a hard days’ work. It’s a place where you create memories that last a lifetime. As it is said, ‘home is where the heart is’.

According to a common belief, the 3 most important things to think about when buying a home are location, location, location. You can live with almost any imperfection in a home if you love the neighbourhood and your neighbours. You can change almost everything else. But, once bought, you cannot change your home’s location. When you chose a house, consider any potential home’s proximity to your work, the charm of the neighbourhood, how the home is situated on the lot, ease of access, noise from neighbours, traffic, or pets, and access to parks, shopping, schools, and public transportation. A house in the posh areas like Vastrapur, SG, Road might cost you dearly, but once it is yours, you will always cherish it.

The area Thol-Kadi – centrally located between Ahmedabad, Gandhinagar and Mehsana – boasts of projects worth nearly Rs 30000 crore, offering facilities like 24 hour-power supply, continuous water supply, school, and hospitals. “Land investment is always secure and recession proof, with no depreciation and assured appreciation. This upcoming location of Thol – Kadi has the Thol Lake and lush greenery that attracts many investors. The Maruti Suzuki project – to be ready by 2016 – is approximately 60 km away from Kadi, and is sure to induce many other auto ancillary industries. AUDA, too, has taken some effective steps towards bettering the greenery in this periphery. Many schemes of weekend homes and plots, with features and amenities like clubhouse, swimming pool, indoor and outdoor games etc, are being introduced in this area,” says Dhawal S Mistry, Director, Shree Radhakrishna Group.

Be sure the neighbourhood, and not just the house, meets your expectations. They say that you should own the smallest home in the nicest neighbourhood that you can afford. You’ll have a great view! Drive around on week days and weekends, during the day and in the evening. Are homes in the neighbourhood consistent in size and features? Is the neighbourhood safe enough for people to walk, run, or bike and are there children playing in the yards?

Your home should reflect your lifestyle. Do you live a laid-back life? Then you might not want a formal Victorian or Tudor style home. Something simpler and more contemporary might be in order. Look at the exterior features. A brick home is easier to maintain, unless you live in an earthquakeprone area!

A number of real estate schemes have been introduced in Ahmedabad, may it be the local builders or the international names, they have everything to offer from budget homes to the luxurious villas. Also there are homes which are built according to the Vaastu Shastra and Feng Shui.

Ahmedabad realty segment is more consumer-driven and the realtors are launching according to the prevailing demand and need. The construction activities of new real estate projects have pushed property prices to new heights. The real estate scenario of Ahmedabad is very notable and is likely to increase in the near future.

Source :- http://content.magicbricks.com/ahmed...-for-investors

[CivilEngineer079]

fb-

[gandhi.rushabh1992]

@ pole culture

GIFT is missing...but good job.

[CivilEngineer079]

hmmm but due to our great media many are unaware of GIFT and if they know they think it can't happen in India. They think government is just planning and they will never execute. Every time before talking about GIFT I have to brief them about GIFT project and its current updates. Thanks to our great media.

[gandhi.rushabh1992]

All hail Indian media...

Precisely the reason why GIFT (the actual u/c towers) need to be made as public as possible.

[TheOptimist]

speaking of making it more public I just found following article through modi's FB page, it's latest one -

http://www.narendramodi.in/gift-city...and-expansion/

[tryindiffdrugsngirls]

what is pole culture? don't tell me you guys got pole dancers there now?

[gandhi.rushabh1992]

You wish

[Nick11]

:UP infrastructure woes: Noida industrialists to shift to Gujarat
NOIDA: Industrialists in Noida, who had warned Uttar Pradesh's Samajwadi Party government that they would move out if infrastructure was not improved, have now approached the Gujarat government for land to set up their industries in the state.

The Noida Entrepreneurs' Association has written to the Narendra Modi government asking it to provide them plots in Mehsana district so that they could begin industrial operations within two years.

The association says it has taken this step because infrastructure facilities continue to be bad in Uttar Pradesh with no sign of improvement. "Even the big names... like Tata and Maruti have shifted base to Gujarat because the government has built an excellent environment in the state for industrial development," said NEA president Vipin Malhan.

Industrialists in Noida have complained several times in the past about the "lackadaisical attitude" of successive UP governments in meeting basic requirements for the industrial sector to flourish. Primary among their demands have been supply of power round the clock to ensure optimum productivity. "Far from it, government is now mulling hiking power tariffs for industries," said Malhan.

While erratic power supply has cut into the profits of industries in UP, Gujarat has attracted them with lower power tariffs. NEA has requested the Gujarat government to make available to them industrial plots ranging between 1,000 and 5,000 sqm in the Mehsana district at government-approved rates. "If land is provided to us, we will work towards completing all formalities within the next two years to make industries operational immediately thereafter," he added.

[tryindiffdrugsngirls]

Originally Posted by gandhi.rushabh1992

You wish

your loss :P theres tons of strippers and pole dancers in my city

[Gudavalli]

Demand for office space picking up in Ahmedabad

Ahmedabad

Ahmedabad is seeing enhanced demand for office space with the entry of new ventures from pan India and expansion of local industries. The commercial capital values have almost been doubled in last two years while the rentals have become thrice during the same period. Organised retail has also come up in the city in an extraordinary fashion giving unprecedented returns on the investments”, says Prakash Jain from Jain Associates. The appreciating capital and rental values in the city has attracted many developers and investors to make investment in the city, he added.

According to Bharat Shah, property consultant at Shah Properties, “The favourable investment policies by the state government have also fuelled more realty investments inviting local as well as foreign investors”.

The capital and rental values of Grade A office space witnessed an appreciation of 20-30 per cent during past quarter, whereas the Grade B office space noted a 10-15 per cent escalations during the same period. Localities such as Prahlad Nagar, S.G. Highway, Ashram Road and C.G Road are few of the areas seeing maximum demand and higher number of transactions. According to latest JLL Report, “Approximately 3.5 million square feet of commercial space has come up in Ahmedabad over the last four years. Another 1.1 million square feet is currently under construction and another 2.5 million square feet will come up in next 2-3 years.” This clearly shows huge demand-supply of commercial properties in the city.

The quality and services of the existing office spaces have risen remarkably in recent times too. “The city is seeing demand from both the domestic as well international players owing to availability of space, affordable values and favourable realty market. Service sectors such as banks, insurances, medical and other hospitality is also expanding in exponential terms propelling the commercial sector”, sums up Shah.

Apart from this, the city’s infrastructure is continuously upgrading being under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and resulting in opening-up of new corridors of growth. Areas around S.G Highway, Sansad and Vadodara-Mumbai highway are few of the emerging commercial corridors poised to become secondary business districts of Ahmedabad. With all this the city’s commercial realty sector is set to grow further and positive returns are anticipated.

[Gudavalli]

Over 1100 open plots to be freed for construction in Ahmedabad

Ahmedabad

Here is some good news for owners of private open plots. The state urban development department (UDD) has hinted that the ban on construction in over 1,100 open plots covering 72 lakh square meters, which fell in green belt area, will be lifted. An official intimation in this respect will be made to the Ahmedabad Municipal Corporation (AMC) in the coming few days, according to state urban development department sources. Many see this as an election move.

However, a noncommittal Ahmedabad municipal commissioner Guruprasad Mohapatra said, “I am yet to receive an official intimation on lifting of the ban on green belt plots from the urban development department. That’s all I can say.” The development plan of 2002 had in all put 1,400 private plots under the ‘green zone’ which restricted owners from construct anything on the plot. A large portion of these plots lay in the new west zone, claim officials.

Real estate developers in the city are eagerly waiting for a notification as it will open a huge land bank for residential development. “For gardens and open space, the minimum amount of land was to be 800 square meters as per prevailing laws. But all these private plots were 600 sq mt, 250 sq mt and 300 sq mt in area. This was because many of these green belt plots saw private construction and people were coming forward to pay impact fees for occupying a portion of these plots,” said a senior AMC official.

It was in 2009 that a requisition was sent to the urban development department to de-reserve 1,400 plots, out of which the UDD is said to have approved the applications from owners of 1,100 plots. “There is a lot of pressure on the city in terms of urban housing. With satellite towns fast developing into industrial hubs, such as Sanand, this policy will help solving the problem of affordable housing,” added the official.

[gandhi.rushabh1992]

OMG Bloody hell

Just came home...raining madly since the evening. Took 2 hours to cover 9 kms

[vnkotak]

Originally Posted by gandhi.rushabh1992

OMG Bloody hell

Just came home...raining madly since the evening. Took 2 hours to cover 9 kms

I suppose,,, this is a GOOD NEWS!!!

Rain in gujarat..... this would solve water problem

[gandhi.rushabh1992]

Yeah I'd say almost 6-7 inch fell in 3-4 hours!!

[sunilboston]

awesome! Time to make those paper boats as my heart is singing "Aav Re Varsad...."

[C-DAC]

Originally Posted by gandhi.rushabh1992

OMG Bloody hell

Just came home...raining madly since the evening. Took 2 hours to cover 9 kms

Feeling sorry for you.
Luckily I was at home. Enjoyed rain so much

[omsachdev]

you guys are making me miss Ahmedabad...nostalgic

[meetmus2fa]

Garam bhajiya ni yaad aaavi rahi che aava varasad ma maaja aavi jai.....Missing Rainy days

[aks_sky]

And I was thinking that the Khel Mahakumbh will increase sports activities in all schools!



Sports not on priority list of Ahmedabad schools

AHMEDABAD: We may blame the national authorities for a dismal performance of our sportspersons at international event, the problem takes roots at the school-level itself.

Delving into what children do at schools in Ahmedabad, it has surfaced that they are allotted only two or three periods in a week for sports. Schools focus on sciences and languages, and sports clearly misses its spot among young students.

This clearly reflects in their disinterest towards any physical activity and burgeoning bellies. The diminishing interest in sports is directly proportional to increasingly exhaustive courses schools have to follow.

"Sports features prominently in time-table of primary students, which gradually decrease to almost being ignored as they grow older," said a sports teacher with a city-based school.

Diwan Ballubhai School has three sports periods for Std IX students, which decreases to just two for Std XI and XII. CN Vidyalaya too seems to have buckled sports among its students with only two PT periods in a week. The trend is similar in DPS, Bopal (two sports periods per week) with exception that students who participate in competitions are given one hour of practice daily.

Meanwhile, Best High School in Maninagar claims to promote physical activities in its premises. "We encourage sports in our schools," said a faculty with the school. Howewer, Best too was found to have two sports periods in a week!

CBSE schools, however, have more periods allotted for sports as physical education is an optional subject for Std XI-XII. Students who haven't opted for the subject get two periods for games.