Project In Focus: Silene By Applewood Estates, Ahmedabad
With major infrastructure projects (like Bullet Train and Ahmedabad-Gandhinagar Metro line) set to boost investment opportunities, Ahmedabad is also booming with the development of branded residential properties with possession likely by year-end. And it is not just affordable housing that defines the residential market of Ahmedabad. The industrial hub of Gujarat is also known for offering a premium lifestyle for homebuyers with availability of luxury villas at attractive prices.
Also read: How Ahmedabad-Gandhinagar Metro Will Impact Real Estate
Silene by Applewood Estates is a recently launched luxury housing project in Shela in west Ahmedabad.
PropGuide brings you a review of the project:
About the property
A high-end residential project, Applewood Silene is situated in a well-developed neighbourhood of west Ahmedabad at Shela. The property comprises of 48 units of 4BHK villas. Launched in January 2016, the property is under construction and will be ready for possession by December 2017. The villas are spacious with luxury specifications and stunning façade, and span over 3,105 sq ft super built-up area. A range of amenities are available for the residents to meet their everyday needs which encompass:
The developer
Applewoods Estate Pvt Ltd., the developer of these opulent residential spaces, has rich experience in development of villas and apartments. With a team of world-renowned architects, engineers, planners and designers, Applewood Estates has undertaken similar projects in areas such as South Bopal and Shela.
Neighbourhood
Strategically located, Shela is a much-desired residential neighbourhood of west Ahmedabad with an availability of plenty of housing options viz. plots, villas, apartments and rental properties. The locality has recently been the key focus for both private builders and Ahmedabad Urban Development Authority (AUDA) .
Also read: Looking For Villas? Head To Suburban Ahmedabad
Connectivity
The area is linked to prominent corridors like Shela Road and Sardar Patel Ring Road which are well connected to prime areas such as Prahlad Nagar, Ambil and South Bopal and Sarkhej-Gandhinagar (SG) highway.
Quality public transportation is offered by AMTS buses, taxis and auto rickshaws. Proximity to Ambli Road Railway Station and Sardar Vallabhbhai International Airport is another major advantage for Shela residents.
Social infrastructure
Multispecialty hospitals, top-rated educational institutions, shopping malls, multiplexes, restaurants, bank branches, etc. are present in the vicinity. Availability of civic amenities including wide roads, water and power supply ensure quality lifestyle for the residents.
Average price in the area
Average capital value of a residential property in Shela is Rs 3,000 sq ft. As for 2BHK apartments, prices on an average would be Rs 35.20 lakh. As per data with PropTiger.com, such units move in the market for anywhere between Rs 32 lakh to Rs 45 lakh. On an average, 3BHK apartments are priced at Rs 41 lakh for unit sizes and could range between Rs 37 lakh to Rs 65 lakh. You could buy a 4BHK unit in the area with an average budget of Rs 1.30 crore.
PropGuide's verdict
Silene guarantees all features required for luxurious living with good connectivity to key areas of the city. The project is good for families as all necessary social infrastructural facilities are present in the vicinity.