Sangasar, Ahmedabad

The luxury housing market in Ahmedabad and Gandhinagar is experiencing substantial growth, driven by rising wealth, ongoing infrastructure expansion, and changing development patterns, including vertical construction. The upcoming 2030 Commonwealth Games are expected to further stimulate the real estate sector.

PM's urban challenge fund approved a substantial ₹2719.80 crore for six major infrastructure projects in Ahmedabad. Key among these are a comprehensive drainage system revamp, sludge management facilities, and the introduction of a common mobility card for public transit.

The Union Ministry of Housing and Urban Affairs has approved six major urban infrastructure projects worth Rs 2,719.80 crore for Ahmedabad. These include sewer network rehabilitation, an Intelligent Water Management System, an Integrated Sludge Management Facility, and an Integrated Transit Management System.

Ganesh Housing has launched a Rs 150 billion technology city project in Ahmedabad, comprising technology parks, commercial hubs, and residential components. This mixed-use development aims to support software, research, and allied services firms, and is designed to deepen economic ties with Gulf investors.

The Gujarat government has signed MoU with HUDCO to secure long-term financing of up to ₹1 lakh crore for various infrastructure projects across the state. The funds will be utilized for projects including Gujarat Metro Rail Phases 2 and 3, expressways, sports infrastructure, and the development of modern infrastructure in Dholera.

CREDAI Ahmedabad, in a high-level meeting with over 400 builders, has decided to increase property prices effective July 1, 2026. New projects will see a 10% price hike, while ongoing projects will experience a 5% increase. This decision is attributed to rising raw material costs, labor shortages, and global supply chain disruptions. However, customers can still book properties at old rates until June 30, 2026.

The Ahmedabad Urban Development Authority (AUDA) is set to release its new draft development plan for 2041 and 2047 in June. This long-term plan aims to significantly upgrade city infrastructure, incorporate new areas, and potentially relocate industries to reduce air pollution, especially in preparation for the 2030 Commonwealth Games and a bid for the 2036 Olympics.

A 4-km-long elevated corridor on SG Highway in Ahmedabad, from Sanand Circle to Iscon Flyover, is nearing completion and is expected to open around July 1. This ₹500 crore project aims to significantly reduce traffic congestion at major bottlenecks like Karnavati Club, Prahladnagar, and YMCA.

The Ahmedabad Municipal Corporation (AMC) has approved a revised budget of Rs 18,518 crore for 2026-27, with a significant allocation for development works. The budget prioritizes basic civic services, infrastructure, urban mobility, and heritage conservation, aiming to improve residents' quality of life and enhance the city's infrastructure.