Realty hot spot series: This Ahmedabad locality is a lucrative buy for mid segment home buyers

This week ET Wealth's realty hot spot series takes a look at a developing area in Ahmedabad called Bopal. The area is suited for affordable and mid-segment home buyers. The area is close to job hubs in Prahlad Nagar, Sanand, etc. The area offers key social and retail infrastructure in the vicinity such as multiple prominent schools, hospitals and malls etc. The price range of properties in the area is between Rs 3,000 per square feet and Rs 5,000 per square feet. The average price of 1 BHK, 2 BHK, 3 BHK and 4 BHK is Rs 25 lakh, Rs 42 lakh, Rs 65 lakh and Rs 2.01 crore, respectively.

Locality snapshot: Bopal, Ahmedabad

• A developing area along the Sardar Patel Ring Rd suited for affordable and mid-segment buyers
• Residential demand-driven due to proximity to key job hubs of Prahlad Nagar, Sanand, etc.
• Multiple prominent schools, hospitals and malls constitute key social and retail infrastructure in the vicinity
• Key amenities include Iscon Mega Mall, Gulmohar Park Mall, Shalby Hospitals, DPS Bopal and Shanti Asiatic School
• Sardar Patel Ring Road, SG Highway, Ambli Road and local railway network provide good connectivity

Supply by BHK

Consumer preference by budget segment (Rs)

Consumer preference by covered area (sq ft)

• Schools 10+
• Hospitals 10+
• Restaurants 20+
• Banks 20+
• Grocery Stores 20+
• Petrol Pumps 5+

Source: magicbricks