Realty hot spot series: This Ahmedabad locality is a developed residential area

Houses in this locality are priced between Rs 2,900 per sq foot (sq ft) and Rs 4,600 per sq ft. A 1-BHK (700 sq ft) costs an average of Rs 22 lakh and a 4-BHK (2,800 sq ft) costs about Rs 1.03 crore.

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The locality has connectivity through Ahmedabad-Patan Highway, BRTS Corridor.
This week's realty hot spot series features Chandkheda-Motera a locality in Ahmedabad. It is a developed residential market near Sabarmati river in Northern Ahmedabad. It is close to Gandhinagar and enjoys proximity to the key job hubs of GIFT City and Mindspace IT SEZ

Houses here are priced between Rs 2,900 per sq foot (sq ft) and Rs 4,600 per sq ft. A 1-BHK (700 sq ft) costs an average of Rs 22 lakh and a 4-BHK (2,800 sq ft) costs about Rs 1.03 crore.

The locality is 12 KM away from the airport, 6 KM from the nearest railway station and 3 KM from Ring Road.


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Highlights
  • Developed residential market near Sabarmati river in northern Ahmedabad
  • Close to Gandhinagar. It enjoys proximity to key job hubs of GIFT City and Mindspace IT SEZ
  • Shree Swaminarayan Intl. School, Sentara Hospital, 4D Square Mall, D-Mart, etc. in the vicinity
  • Connectivity through Ahmedabad-Patan Highway, BRTS Corridor, SP Ring Road and SG Highway

Locality snapshot
Schools: 10+
Hospitals: 10+
Restaurants: 15+
Banks: 20+
Gorcery stores: 20+
Petrol pumps: 8+

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Supply by BHK

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Consumer preference by budget segment (Rs)

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Consumer preference by covered area (sq ft)

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(Source: Magicbricks)

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(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)
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