Realty hot spot series: This Ahmedabad locality offers affordable, mid-segment properties

This week's Realty Hot Spot Series takes a look at Bopal, a developing locality in Ahmedabad. This area's affordability is its key attraction for middle income buyers. The price range of properties in Bopal is Rs 3,000 to Rs 5,000 per square feet.

The prices of one-BHK, two-BHK, three-BHK and four-BHK and above is Rs 24 lakh, Rs 42 lakh, Rs 75 lakh and Rs 1.80 crore, respectively. The area is well-connected through Sardar Patel Ring Road, SG Highway etc.

Locality snapshot: Bopal, Ahmedabad

• Situated along Sardar Patel Ring Road, it is a developing area suited for affordable and mid-segment buyers
• Proximity to key job hubs of Prahlad Nagar, Sanand, etc, drives residential demand in this region
• Presence of social and retail infrastructure close by comprises schools, hospitals and malls
• Key amenities - DPS Bopal, Shanti Asiatic School, Shalby Hospitals, Iscon Mega Mall, Gulmohar Park Mall, etc
• Well-connected through Sardar Patel Ring Road, SG Highway, Ambli Road and local railway network

• Airport: 34 km
• Railway Station: 6 km
• Ring Road: 2 km

Locality values
Bopal

• Price (Rs/sqft): 3,300-5,000
• Rent (Rs/month): 19,000-29,000

Shela

• Price (Rs/sqft): 3,000-4,500
• Rent (Rs/month): 16,900-25,300

Shilaj

• Price (Rs/sqft): 3,300-4,600
• Rent (Rs/month): 14,300-23,400

South Bopal

• Price (Rs/sqft): 3,300-5,000
• Rent (Rs/month): 17,000-26,000

Supply by BHK

Consumer preference by budget segment (Rs)

Consumer preference by covered area (sq ft)

• Schools 12+
• Hospitals 10+
• Restaurants 10+
• Banks 9+
• Grocery Stores 8+
• Petrol Pumps 6+

Source: Magicbricks