Introduction

Property dealers have shifted their focus from major metropolitan areas to India’s Tier 2 cities. In this context, Ahmedabad can boast of a great bag in terms of real estate investment. West India certainly looks promising and is off to a good start with a Rs 17,745 crore stake in the modernization projects in Gujrat real estate. New build home loans, residential and commercial investment properties and renovation activities have boosted the New Age India real estate sector.

Let’s take a look at some of the most prominent real estate dealers in Ahmedabad!

• JMC Projects (India) Ltd.- The projects are mainly focused on leading Corporations and multinational companies.
• Navratna Constructions – Commendable work done on Ahmedabad housing development with a key focus on residential and commercial buildings.
• Royal Space: Serves the infrastructure and office space needs for public and private companies, central and state government. Foreign corporations and banks.
• Saumya Constructions SA. limited. – Known for its strategic location, quality construction and excellent designs for residential and commercial buildings.
• Space Management Ltd.- Real estate services for both residential and commercial properties, whether for sale, purchase or rent.
• Adani Group – It has plans to invest Rs 1500 crore in creating municipalities not only in real estate in Ahmedabad but also in Mumbai in a colossal way. The company is also expanding its retail operations in a big way by launching 15 new retail outlets including hypermarkets and department stores in Ahmedabad.

NRI Outlook for Residential Investment Properties

Residential property is a primary focus area for NRIs living outside of their homeland. The key drivers for all those new build home loans are always based on values ​​in home, family, security and emotional ties and even prestige to some extent. Against this background, property dealers in Ahmedabad are sure to reap money in terms of 100% price increase!

Estate Agents Flock Ahmedabad

Ahmedabad is the great one stop solution for IT companies. Among the other prominent Tier 2 or 3 cities such as Chandigarh, Indore, Kolkata and Nagpur, Ahmedabad leads the pack, as confirmed by some of India’s leading consultants. The key drivers in this regard are cheap labor, lower real estate costs, reduced attrition and other cheap resources. The average demand has been between 1.2 and 1.5 million m2. foot of some of the top real estate agents and real estate agents in the country. Ahmedabad is said to provide the highest cost benefits with Chandigarh coming in second among Tier 3 cities. Ahmedabad and Nagpur provide a 25-30% cost advantage over the other major metropolitan areas like Delhi and Kolkata in terms of costs. of facilities.

Conclusion

The benefits have been very encouraging for property dealers in Ahmedabad. Although the returns have been huge, venture capitalists have been fighting to the tunes when it comes to raising money in the real estate business. However, today the risks seem minimal when it comes to taking advantage of high investment returns.