Realty hot spot: A developed residential micro-market in Northern Ahmedabad

In this week's ET Wealth realty hot spot series, we turn the spotlight to a developed residential market in Ahmedabad. The locality is called 'Chandkheda-Motera' and is located near the Sabarmati River in the Northern part of Ahmedabad. It boasts strong infrastructure, social as well as transport. Schools, hospitals, banks and malls dot this well-connected Ahmedabad locality.

A 3-BHK property type, comprising around 1800 sq. ft. area, costs approximately Rs 68 lakh on average and enjoys abundant supply to home buyers. Property types are also available in 2- and 4-BHK variants, with price ranging from Rs 7,500-23,000 per sq. ft.

The area is 12 kms from the airport, 6 kms from the nearest railway station and 3 kms from Ring Road. Here are other highlights of Chandkheda-Motera that make it a real estate hot spot.

Key highlights

• Developed residential micro-market situated near Sabarmati River in Northern Ahmedabad
• Has adequate presence of educational institutions, hospitals, banks, convenience stores, eateries and malls
• Key infra - Shree Swaminarayan Intl. School, Sentara Multispeciality Hospital, 4D Square Mall, D-Mart, etc.
• Good transport infra comprising Ahmedabad-Patan Highway, BRTS Corridor, SP Ring Road and SG Highway

Supply by BHK

Consumer preference by budget segment (Rs)

Consumer preference by covered area (sf)

Schools 15+
Hospitals 15+
Restaurants 20+
Banks 20+
Grocery Stores 20+
Petrol Pumps 15+

Source: Magicbricks