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5 Most Affordable Localities In Ahmedabad North

November 14 2017   |   Harini Balasubramanian

Ahmedabad North has a flourishing residential market as it houses some of the most popular affordable neighbourhoods of the city. The suburb has been in focus and several real estate developers, investors and end users have been expressing interest in this market. Some of the destinations here enjoy a smooth link to the international airport and presence of industries and multi-national companies (MNCs) have attracted renters as well.

PropGuide lists five affordable micro-markets of the suburb:

Nava Naroda

Livability score: 8.1

With an average capital value of Rs 1,700 per square foot (sqft) , Nava Naroda in the northeast Ahmedabad is one of the cheapest destinations for quality living. The area extends from the bustling industrial area of Naroda and has several multinational companies operating in the vicinity, thus making the destination suitable for working professionals. Well connected to the city centre, it has a strong road network with the central railway station and international airport minutes away from the area. Public transportation and essential social amenities are available in abundance. Apartments of a 2BHK layout are priced as low as Rs 20 lakh for an average area of 1,000 sq ft.

Also read: SG Highway or Bopal: Where Should You Invest In Ahmedabad?

 Nana Chiloda

Livability score: 8

Nana Chiloda, a well-developed residential locality in the suburb, offers residential properties at an average capital value of Rs 2,091 per sqft. The area is surrounded by Nana Naroda, Sughad, Bhat, Hansol, Chandkheda and Motera. Besides villas and plots, the area has plenty of affordable housing options together with quality social infrastructural facilities as well as sound road connectivity. With an average unit size of 1,200 sqft, the 2BHK apartments here are available for an average price of Rs 25 lakh.

Chandkheda

Livability score: 9.9

A high-end realty destination with vibrant commercial activity, Chandkheda possess numerous affordable housing projects having an average capital value of Rs 2,498 sqft. The area, that has seen infrastructural improvements recently, promises good road and rail connectivity with extreme closeness to Sardar Vallabhbhai Patel International Airport. With prestigious institutes, IT companies and industries nearby, Chandkheda attracts leading players in the industry, investors and homebuyers. Apartments of a 2BHK layout have an average price of Rs 25 lakh for an average unit size of 1,100 sqft.

Also read: How Ahmedabad-Gandhinagar Metro Will Impact Real Estate

Gota

Livability score: 9.2

Strategically connected to New SG Road, Thaltej and Sardar Vallabhbhai Patel International Airport, Gota is one of the most desired affordable destination in the suburb. Residential properties in Gota have an average price of Rs 2,866 per sq ft; with 2BHK apartments priced at Rs 30 lakh for an average area of 1,100 sq ft. Well-planned roads, sound public transportation, industries and ample social infrastructural facilities have enhanced the livability quotient in the locality and rise in the number of affordable housing options.

Motera

Livability score: 9.6

Just close to Chandkheda is the locality of Motera in northwest Ahmedabad which is known as a cricket-match venue. Properties for housing have an average price of Rs 3,132 per sqft. Situated 8.8 kilometres from the international airport, Motera has fine connectivity via bus and rail network and also provides essential social amenities. A 2BHK apartment of an average area of 1,000 sqft can be bought for an average price of Rs 30 lakh.

Note: Livability score is a score given to a locality on the scale of 10. It signifies the quality of life a family or an individual can enjoy living in that particular locality. This is calculated on important parameters including location, price, amenities, physical and social infrastructure, projects, developers operating, etc.




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