'Real Estate' in Ahmedabad is defined as an immovable property that includes land in the Ahmedabad metropolitan area and anything that is attached to the land like buildings and its fittings.
Real Estate in Ahmedabad is currently undergoing dramatic changes; the development of residential townships, malls,office spaces, flyovers and roads are fast changing the Ahmedabad cityscape. To add icing to the cake, a metro rail service will soon become operational in Ahmedabad city due to the growing real estate in Ahmedabad
The real estate in Ahmedabad is being dominated and developed by private players like DLF,Unitech and Raheja Group. Commercial real estate players like the industrial behemoth Reliance has also commercial projects lined up for implementation in Ahmedabad.
The government authorities are encouraging the growth of six types of mini townships in Ahmedabad:
The demand for real estate in Ahmedabad is much greater than the supply. This translates to 15 to 20 percent increase in property prices in Ahmedabad every passing year. For real estate investors, Ahmedabad is presently a golden fruit to pick and savor.
