Realty hot spot series: This well-connected Ahmedabad locality is a hub of homes, offices

This week's ET Wealth realty hot spot series takes a look at Prahlad Nagar, Ahmedabad. The locality boasts of good social infrastructure and is close to office buildings like Pinnacle, Shapath V, Commerce House 5 and Mondeal Square, among others. The area is well-connected through SG Highway, 100 Feet road, 132 Feet Ring Road, Sanand-Sarkhej Road and close to SP Ring Road.

The locality is 22KM from the airport, 7 KM from the nearest railway station and 1 KM from the highway. The price range of properties here is the range of Rs 3,300-7,200 per square feet. The average price of 1 BHK is Rs 25 lakh, 2 BHK is Rs 46 lakh, 3 BHK is Rs 1 crore and 4 BHK costs Rs 1.78 crore.

Locality snapshot: Prahlad Nagar, Ahmedabad

• Residential cum commercial hub in south-west Ahmedabad, placed along the SG Highway
• Proximity to office buildings like Pinnacle, Shapath V, Commerce House 5 and Mondeal Square, among others
• Dominated by apartment complexes, it enjoys ample presence of developed social and retail infra in close vicinity
• Key infra nearby - DAV Intl. School, Cosmos Castle Intl. School, Shalby Hospitals, Gulmohar Park Mall and others
• Well-connected through SG Hwy, 100 Feet Rd, 132 Feet Ring Rd, Sanand-Sarkhej Rd and close to SP Ring Rd

Supply by BHK

Consumer preference by budget segment (Rs)

Consumer preference by covered area (sq ft)

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

Source: Magicbricks