Looking For Villas? Head To Suburban Ahmedabad
It's easy to find ample options for affordable homes in Ahmedabad. It is even more easy to find luxury dwellings like villas. More and more buyers are now preferring to purchase high-end residential properties over affordable ones, so much so that the luxury housing segment in the city has evolved into two categories - the super luxury and affordable luxury.
PropGuide explores the growth drivers for luxury housing in Ahmedabad and localities which have a good number of high-end homes like villas.
Where would you find luxury homes in Ahmedabad?
Localities on the outskirts of the city, offer sprawling independent houses like bungalows and villas at comparatively reasonable prices. Properties in these areas promise much more than just an enviable address. Presence of infrastructure, connectivity across the city and a host of social amenities in the vicinity, make the suburbs an ideal residential option, away from the bustling city life.
Established markets in western and central Ahmedabad, like Thaltej, Prahlad Nagar, SG-Highway, Bopal, Ambawadi, are known to be luxury hubs. However, some emerging localities are seeing healthy launches of villa projects as well. They include:
What drives luxury housing in Ahmedabad?
It is the HNI (high net worth individuals) as well as NRI (non-resident Indians) community, which has helped in sustaining the demand for luxury properties in the business capital of Gujarat. NRIs, mostly accustomed to luxury living, look for similar comforts when they plan to settle in their home country. Even otherwise, NRIs opt for premium properties when looking to invest their wealth. Another crucial factor that is drawing buyers to the suburbs, is the rising prices of luxury homes in the city centre. So, the suburb-localities have become sought-after destinations, especially, for the middle-income group.