
| Increase in real estate prices and property market investment in Gujarat has been gradual. Regarded as the most industrialized state of India, the state has experienced considerable rise in commercial and residential property development
activities along with the growing economy. Ahmedabad, Jamnagar, Surat, Gandhinagar, Rajkot and Vadodara are some of the places in Gujarat that attract real estate investors. The state already has a number of industries and new industrial and economic zones are coming up. Areas designated as 'special economic zones' (SEZ) are experiencing economic boom. One such place is Jamnagar. Like in many other regions in India, areas in and around SEZs experience an increase in real estate and property market activities. Property rental rates have increased as more people migrate to cities. Gujrat is one of the richest states in India. With the growing spending power of the people, malls and recreational centers have come up to satisfy the demands. -- Recent News -- Abot 50 Gujarat based realtors exhibited properties at at World Gujarati Conference (WGC) to attract NRIs.
More facts about Gujarat The total area of Gujarat is about 196024 square kilometers. The capital city is Gandhinagar, while Ahmedabad is its largest city and a hub of economic activities. The state has a population of more than 50 million. |
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