Realty hot spot series: Why this locality in Ahmedabad is a sought-after residential area

Properties in this locality are priced between Rs 1,700 per sq ft and Rs 5,700 per sq ft. A 1-BHK (650 sq ft) costs an average of Rs 21 lakh and a 3-BHK (1,500 sq ft) costs approximately Rs 70 lakh.

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The locality has good connectivity through Sardar Patel Ring Rd and local rail & metro services.
In this week's Realty Hot Spot Series we take a look at Ahmedabad's Narol Naroda Road. This is an established residential market boasting good connectivity and social infrastructure. The locality has easy access to several industrial areas nearby as well as office parks situated in other prominent areas.

The locality is 14 kms away from the airport, 6 km from the nearest railway station and 4 kms from the Ring Road.

Properties in Narol Naroda Road are priced between Rs 1,700 per sq ft and Rs 5,700 per sq ft. A 1-BHK (650 sq ft) costs an average of Rs 21 lakh and a 3-BHK (1,500 sq ft) costs approximately Rs 70 lakh.

24-1
Highlights
  • An established residential market boasting good connectivity and social infrastructure
  • Has easy access to several industrial areas nearby as well as office parks situated in other prominent areas
  • Enjoys decent presence of schools, hospitals, multiplexes, shopping centres, etc.
  • Key infra St. Mary's Higher Secondary School, Shalby Hospitals, Palm Shopping Arcade, Miraj Cine Pride, etc.
  • Good connectivity through Narol-Naroda Rd, Naroda Rd, Sardar Patel Ring Rd and local rail & metro services

24-2
Locality snapshot
  • Schools: 20+
  • Hospitals: 10+
  • Restaurants: 20+
  • Banks: 10+
  • Grocery Stores: 20+
  • Petrol Pumps: 8+

Supply by BHK
24-3
Consumer preference by budget segment (Rs)
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Consumer preference by covered area (sq ft)
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(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.)
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