Q1. How is the real estate market in Ahmedabad?

Ans. In Q2 2022, Ahmedabad’s residential market expanded by 62.5% every quarter and by 2X annually. 6,990 new units were developed in the city, mainly in the low- and mid-income housing segments, accounting for around 45% of total new development.

Q2. Is it reasonable to buy property in Ahmedabad?

Ans. The state capital is the one that is growing the fastest. An investor would be prudent to explore investing in real estate in Ahmedabad, which is home to some of the world’s most prestigious educational institutions and medical facilities. Several beautiful neighbourhoods in Ahmedabad are ideal for raising a family.

Q3. Which is the cheapest place to live in Ahmedabad?

Ans. Ahmedabad’s main real estate investment and affordability areas include Thaltej, Mani Nagar, Satellite, Gota, Bopal, Santhal, and South Bopal.

Q4. Which is the most expensive place to live in Ahmedabad?

Ans. Thaltej, Central Ahmedabad, Science City Road, Satellite, Chandkheda, Bodakdev, SG Highway, and Prahlad Nagar are the most expensive areas in Ahmedabad.

Q5. Why are property rates so high in Ahmedabad?

Ans. Compared to other metropolitan locations like Bangalore, Mumbai, and Hyderabad, Ahmedabad has a lower cost of living. Ahmedabad, India’s fifth most populous city, is one of the country’s safest, least expensive, and most developed cities.