Real estate trend of Gandhinagar -Twin city of Gujarat
Gandhinagar, also known as the Twin city of Gujarat is the new capital city of Gujarat. Gandhinagar is a very good investment decision both in the short term as well as medium to long term. Gandhinagar being promoted as an IT hub in the state offers equal opportunities for residential as well as commercial development backed by very good civic infrastructure and open roads making it one of the best planned destinations in Gujarat.
The thermal Power Station near Pethapur along with a host of commercial establishments and colleges makes Gandhinagar one of the most vibrant cities of Gujarat. The Sardar Patel international cricket stadium in Motera, Gandhinagar is also one of the biggest attractions of the city along with the spiritually rich Akshardham Temple. Overall Gandhinagar has strong positive vibes with several developmental projects and an expected increase of 8 to 10% over a three to five year period is a conservative estimate as far as real estate development is concerned. The Ahmedabad- Gandhinagar metro once functional is going to make Gandhinagar as one of the best modern day cities of India.
According to real estate experts and market analysts, Gandhinagar clicks all the boxes for being an emerging realty destination. This is mainly due to its potential for future infrastructure development along with good and adequate commercial development which is likley to act as a catalyst for being an epicenter of new employment opportunities.
One of the positive advantages of investing in Gandhinagar is the fact that the area offers a very high percentage of good civic infrastructures with well laid out roads, markets and commercial establishments. The affordable residential costs in Gandhinagar brings to the table a perfect opportunity for investors as well as for people who are seeking to buy a residential space for personal use. The Metro Link Express from Gandhinagar and Ahmedabad (MEGA) once operational is sure to unlock the real estate potential of the region.
Good residential opportunities are available at affordable costs in Gandhinagar today. The metro link once completed can give very good returns for any investment made today. Gandhinagar offers good opportunities for both as it is being made into a Central Finance and Business District (CFBD) by the government of Gujarat. There are a number of residential township communities being developed across Gandhinagar. You can check out some of the projects of reliable builders like Godrej properties, Adani group, Siddhi and Ganesh group. The current average price for residential apartment in Gandhinagar ranges between Rs. 2500 to Rs. 3400 per square feet depending on the area and the location.
