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Ahmedabad real estate and property market is promising. It is the largest city of Gujarat, which is considered to be one the most industrialized states in India. As the economy of the city along with the rest of the state grows, the real estate market will grow along with it. A number of well-known property builders have entered the market in Ahmedabad. Both residential and commercial properties are in demand. With the increasing spending power of its citizens, the city has experienced a boom in construction of malls, and recreational centers. Ahmedabad also has its share of Information Technology Park and Special Economic Zone. The city is known for its textiles and pharmaceuticals industry. The real estate market has also seen an increase because of the involvement of NRIs. A lot of Indians living abroad are interested in the property market of their homeland. The city has a considerable number of NRIs. The government is playing its role in improving the infrastructure of the city. Ahmedabad Municipal Corporation and Ahmedabad Urban Development authority are organizations involved in maintaining the city’s infrastructure. The city is well connected to all other major cities.
More facts about Ahmedabad Ahmedabad is also referred to as Manchester of the east because of its active textile industries. Its population is about 3.8 million. The total land area of Ahmedabad is approximately 1,300 square kilometers. |
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