7 Posh Area in Ahmedabad for Real Estate Investment

  • SG Highway. One of the most bustling posh areas in Ahmedabad has to be the SG Highway. : Due to its connectivity, there has been a sharp rise in development, both commercial and residential along the SG Highway, over the last few years. An integral road in the western part of Ahmedabad, the SG Highway (Sarkhej- Gandhinagar Highway) connects south Ahmedabad’s Sarkhej and Gandhinagar, which lies in the north of Ahmedabad.Staying along SG Highway offers many benefits. It is just 22kms distance from Sardar Vallabhai Airport – a relatively short drive at around 30 minutes. Entertainment and shopping options are available through malls and centres such as Acropolis, Iscon Mega Mall and One Center. There are good educational institutes if you have school-age children – JG International School, Cosmos Castle International school, Hiramani, SGVP international and Adani Vidya Mandir, among others. If you happen to work at one of the many IT or business parks it is extremely beneficial to be located close by. Business parks in and around the area include Westgate Business Bay, Pinnacle Business Park, Times Square and JB towers.As a potential resident, you can choose from villas or bungalows or multistoried apartments in standalone buildings or complexes.
  • Thaltej : For those looking for a peaceful and quiet neighbourhood at a distance from the hustle and bustle of the main city, Thaltej is a great place to explore. Filled with trees and greenery, nature lovers will especially appreciate the tranquillity of this residential haven. Even though it is situated outside the city, its proximity to SP Ring Road and SG Highway make it easy to commute daily. In Thaltej you will have great healthcare facilities such as CIMS Hospital and Sterling Hospital. There are malls to shop at, including Gulmohar Park Mall, Ahmedabad One Mall and Iscon Mega Mall, which have a host of entertainment options. When it comes to property options, your choices include standalone independent houses or bungalows, multi-storey apartments and even modern villas. The cost of buying in Thaltej is around Rs. 7,500 to Rs. 12,300 per a square foot.
  • Sattelite : With a host of business parks (Navratna Business Park, Parshwanath Business Park, Pinnacle Business Park), shopping malls (Ahmedabad One Mall, R3 The Mall, Grand Mall) and hospitals (Devi Hospital, Shanti Multi-Specialty Hospital, RushabhMedi-Surge Hospital PVT LTD), Satellite City guarantees you all the comforts and luxuries that city life offers. It is a well-developed area which has many completed as well as ongoing prestigious residential projects. The cost of buying residential property in Satellite City is around Rs. 6,800 to Rs. 10,700 per a square foot. Being well-connected to the city makes travelling from Satellite City to work or school during everyday commutes a breeze, even through longer distances.
  • Science City Road. : If you are looking for a good mix of affluence and affordability, Science City Road could give you the best of both worlds. There are plenty of residentials options available for rent or sale in this area with an average cost of Rs. 5179 per a square foot. If you are looking to buy an apartment, expect to spend around Rs. 60 lakh to Rs. 6 crore for 3BHK, depending on location and size of the home. Rents for a 3BHK range between Rs. 18,000 to 68,000.The Science City Road has good connectivity as it is close to good neighbourhoods such as Bodakdev, Thaltej and Vastrapur (IIM). There are many good hospitals (Sterling Hospital, CIMS Hospital, Sanjivani Hospital) and schools (JG International School, Shayona International School, Shanti Juniors School) within the locality so meeting healthcare and education needs should not be a problem. City Center 2, Coral Complex Shukan and Mall Cross Road are nearby for shopping and entertainment as are also a couple of big business parks such as Pinnacle Business Park and Navratna Business Park.
  • Ambli. Bopal : Bopal is a developing area in Ahmedabad, one of the newer residential neighbourhoods in the city. Bopal, which is a rapidly developing region of the city that features some of the best real estate projects, including flats and villas, stands out for its excellent accessibility to other sections of the city
  • Prahlad Nagar. …
  • Sindhu Bhavan Road. ; Another popular residential area that is posh and modern in western Ahmedabad is Sundhu Bhavan Marg. Here you will find a wide range of good residential options as well as businesses and MNCs housed in big corporate buildings. Here you can choose to live in independent houses or villas, buy plots of land to build on or opt for the convenience of an apartment in a building or complex. There are many well-known residential projects in this area, including Shaligram Flora, Aayansh, Shreeya Antilia and Shaligram Plush. It is located close to popular areas such as Friends Colony, Rajiv Nagar, PRL Colony, Bodakdev and Thaltej. A short distance, at just 2km away, is Ambli Road Railway Station, which can be travelled to via Nandigram Road. To reach Vastrapur Railway Station, which is 10Km away, you will need to get on to National Highway-147 from Sindhu Bhavan Marg.If you work at one of the nearby business parks – Navratna Business Park (1Km), Mondeal Business Park (3Km) and Westgate Business Bay (9Km) – living in Sindhu Bhavan Marg makes a lot of sense. There is also good connectivity to other business areas such as Sanand (18Km) and Naroda (34Km) via the National Highway-147. Schools in and around the area include international schools such as Ahmedabad International School, The New Tulip International School, JG International School – Ahmedabad and Cosmos Castle International School. And for shopping and recreation, you can head to Iscon Mega Mall, Gulmohar Park Mall and Ahmedabad One Mall, which are all close by (within a 5Km radius) of Sindhu Bhavan Marg.
  • Chandkheda : Chandkheda is a commercial-residential neighbourhood in Ahmedabad’s northwestern outskirts. It is one of the most affordable residential areas in the city, close to the Sabarmati River, with a well-planned layout and good connectivity. The residents of the area have access to excellent infrastructure. Many well-known organisations surround this area, including Indian Oil Corporation Limited, Oil & Natural Gas Corporation (ONGC), and Gujarat Housing Board.The major parts of the city are easily accessible from Chandkheda. The Ahmedabad Airport is 14 kilometres away, but the Ahmedabad Railway Station is only 1.5 kilometres away. Chandkheda Railway Station is the locality’s own railway station. It is easily accessible via BRTS bus services to the Sardar Patel Ring Road and the 132 Feet Ring Road.

Some good places to invest in Ahmedabad are Maninagar, Chandkheda, Shela, Ghuma, Thaltej, and Satellite City.

One can also consider investing in the city’s outskirts, such as Sanand and Dholera.