Realty hot spot series: This Ahmedabad locality is served by a strong road network
Properties in Paldi-Ambawadi are priced between Rs 3,800 per sq ft and Rs 7,500 per sq ft. A 2-BHK (1140 sq ft) costs an average of Rs 55 lakh and a 4-BHK (3,260 sq ft) costs approximately Rs 2.01 crore.
By ET CONTRIBUTORS | Updated:
BCCL
These Ahmedabad residential localities are expected to be connected by metro soon.
In this week's Realty Hot Spot Series we take a look at Ahmedabad's Paldi-Ambawadi area. This is located along the 120 Feet Road in western part of Ahmedabad, it is a developed residential area. The locality has has proximity to office hubs such as Pinnacle Business Park, Shapath V, Commerce House 5 and Mondeal Square.
The locality is 14 kms away from the airport, 7 km from the nearest railway station and 6 kms from the highway.
Properties in Paldi-Ambawadi are priced between Rs 3,800 per sq ft and Rs 7,500 per sq ft. A 2-BHK (1140 sq ft) costs an average of Rs 55 lakh and a 4-BHK (3,260 sq ft) costs approximately Rs 2.01 crore.
Key highlight
Located along the 120 Feet Road in western part of Ahmedabad, it is a developed residential area
It has proximity to office hubs such as Pinnacle Business Park, Shapath V, Commerce House 5 and Mondeal Square
It is served by a strong road network comprising 132 Feet Ring Rd, 120 Feet Ring Rd, 100 Feet Rd and Paldi Rd
Both Paldi and Ambawadi will have metro stations as a part of the under construction North-South Corridor
Prominent social infrastructure in the area includes IIM, Ahmedabad Institute of Medical Services and Central Mall
Locality snapshot
Schools: 10+
Hospitals: 5+
Restaurants: 20+
Banks: 20+
Grocery Stores: 20+
Petrol Pumps: 5+
Supply by BHK Consumer preference by budget segment (Rs) Consumer preference by covered area (sq ft) (Source: Magicbricks)
(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.)
