Table of Contents
If you are looking to invest in a luxury home in Ahmedabad, turn to one of the posh areas of the city. The Manchester of the east is a booming ground for businesses and therefore, it has no dearth premium areas, which are a favourite among HNIs, NRIs and corporates looking to invest. We have compiled a list of the top five posh areas in Ahmedabad that offer high-end homes and sizable returns, as well. In spite of the Coronavirus pandemic, the demand for luxury homes in 2021 has not gone down, as well-heeled buyers continued to search for some of the coveted real estate assets across Ahmedabad.
1. Satellite
With average property cost at Rs 11,400 per sq ft, Satellite is a sought-after destination in the city. Located in the western suburbs of the city, it enjoys developed infrastructure and proximity to job centres.
Property prices and rentals in Satellite
| Satellite | 1BHK | 2BHK | 3BHK |
| Buy | Rs 25 lakhs onwards | Rs 30 lakhs onwards | Rs 40 lakhs onwards |
| Rent | Rs 12,000 onwards | Rs 15,000 onwards | Rs 24,000 onwards |
Locality profile of Satellite
| Parameter | Availability | Overall rating |
| Profile of neighbours | HNIs, NRIs, corporates, businessmen, working professionals | ⭐⭐⭐⭐⭐ |
| Hangout locations | Ahmedabad One Mall, R3 The Mall, The Acropolis, The Grand Mall | ⭐⭐⭐⭐⭐ |
| Educational institutions | New Samarth English School, Ahmedabad International School, Shri Narayana Central School, Satellite School for Children, MLC College | ⭐⭐⭐⭐⭐ |
| Infrastructure and transport | Sarkhej Gandhinagar Highway and 132-Ft Ring Road | ⭐⭐⭐⭐ |
| Job market | Navratna Business Park (2 kms), Parshwanath Business Park (3 kms), Pinnacle Business Park (4 kms) and Westgate Business Bay (5 kms) | ⭐⭐⭐⭐⭐ |
| Hospitals | Devi Hospital, Shanti Multi Speciality Hospital, Shalby Hospitals – Multi-Specialty Hospital, Global Hospital, and Rushabh Medi Surge Hospitals Private Limited | ⭐⭐⭐⭐⭐ |
| Safety | Safe | ⭐⭐⭐⭐ |
| Grocery/provisions | Available at short distance | ⭐⭐⭐⭐⭐ |
Check out properties for sale in Satellite.
Rental trends in Satellite
Check out properties for rent in Satellite.
2. Bodakdev
The pace of development may cause traffic congestion in Bodakdev but that does not deter aspirational home buyers from investing or renting. Bodakdev’s proximity to job markets and its strategic positioning, close to prominent localities such as Thaltej, South Bopal, Prahlad Nagar and Satellite, also add to the charm of this area. The average property value here, is Rs 7,200 per sq ft.
Property prices and rentals in Bodakdev
| Bodakdev | 1BHK | 2BHK | 3BHK |
| Buy | Rs 25 lakhs onwards | Rs 34 lakhs onwards | Rs 52 lakhs onwards |
| Rent | Rs 8,000 onwards | Rs 12,000 onwards | Rs 18,000 onwards |
Locality profile of Bodakdev
| Parameter | Availability | Overall rating |
| Profile of neighbours | HNIs, NRIs, corporates, businessmen, working professionals | ⭐⭐⭐⭐⭐ |
| Hangout locations | Iscon Mega Mall, Himalaya Mall, The Acropolis, and Gulmohar Park Mall | ⭐⭐⭐⭐⭐ |
| Educational institutions | Ahmedabad International School, Udgam School, Zydus School, DPS, Indian Institute of Management Ahmedabad | ⭐⭐⭐⭐⭐ |
| Infrastructure and transport | Sarkhej-Gandhinagar Highway | ⭐⭐⭐⭐ |
| Job market | Iscon Emporio, Pinnacle Business Park, Titanium Heights, Westgate Business Bay, Safal Profitaire | ⭐⭐⭐⭐⭐ |
| Hospitals | Shalby Multi-Specialty Hospital, Sanjivani Super Speciality Hospitals, and Zydus Hospital | ⭐⭐⭐⭐⭐ |
| Safety | Safe | ⭐⭐⭐⭐ |
| Grocery/provisions | Available close by | ⭐⭐⭐⭐⭐ |
Check out properties for sale in Bodakdev.
Price trends in Bodakdev
Check out properties for rent in Bodakdev.
3. Prahlad Nagar
Being a prominent locality, given its strategic location, Prahlad Nagar has posh residential areas for corporates and the like. Its smooth connectivity with other noted job markets, is one of the primary reasons why home buyers usually pick this location. A number of reputed developers have their projects here.
Property prices and rentals in Prahlad Nagar
| Prahlad Nagar | 1BHK | 2BHK | 3BHK |
| Buy | Limited supply | Rs 42 lakhs onwards | Rs 55 lakhs onwards |
| Rent | Rs 7,000 onwards | Rs 11,000 onwards | Rs 18,000 onwards |
Locality profile of Prahlad Nagar
| Parameter | Availability | Overall rating |
| Profile of neighbours | HNIs, NRIs, corporates, businessmen, working professionals | ⭐⭐⭐⭐⭐ |
| Hangout locations | Ahmedabad One Mall, Iscon Mega Mall, and Gulmohar Park Mall | ⭐⭐⭐⭐⭐ |
| Educational institutions | Zydus School, DPS, Ahmedabad International School | ⭐⭐⭐⭐⭐ |
| Infrastructure and transport | Sardar Patel Ring Road and 132-ft Ring Road. 100-ft Road and Sarkhej-Gandhinagar Highway | ⭐⭐⭐⭐ |
| Job market | Pinnacle Business Park, Titanium Heights, Safal Profitaire | ⭐⭐⭐⭐⭐ |
| Hospitals | Shalby Multi-Specialty Hospital, Apollo Hospitals City Centre | ⭐⭐⭐⭐⭐ |
| Safety | Safe | ⭐⭐⭐⭐ |
| Grocery/provisions | Available close by | ⭐⭐⭐⭐⭐ |
Check out properties for sale in Prahlad Nagar.
Price trends in Prahlad Nagar
Check out properties for rent in Prahlad Nagar.
4. Thaltej
What works for this locality is the gated-communities, the green cover and the overall residential feel, away from the hustle and bustle of the city. Despite this, Thaltej is one of the expensive residential areas, with property prices at an average of Rs 4,995 per sq ft. However, traffic along SG Highway and the Ring Road, could lead to peak-hour snarls.
Property prices and rentals in Thaltej
| Thaltej | 1BHK | 2BHK | 3BHK |
| Buy | Rs 25 lakhs onwards | Rs 34 lakhs onwards | Rs 52 lakhs onwards |
| Rent | Rs 8,000 onwards | Rs 12,000 onwards | Rs 18,000 onwards |
Locality profile of Thaltej
| Parameter | Availability | Overall rating |
| Profile of neighbours | HNIs, NRIs, corporates, businessmen, working professionals | ⭐⭐⭐⭐⭐ |
| Hangout locations | Acropolis Mall, Ahmedabad One Mall, Iscon Mega Mall and Gulmohar Park Mall | ⭐⭐⭐⭐⭐ |
| Educational institutions | Sattva Vikas School, Zebar School for Children, Udgam School for Children | ⭐⭐⭐⭐⭐ |
| Infrastructure and transport | Sardar Patel Ring Road and SG Highway | ⭐⭐⭐⭐ |
| Job market | Pinnacle Business Park, Synergy Tower, Shapath V, Commerce House 5, Westgate Business Bay, Siddhi Vinayak Towers, Iscon Emporio, Mondeal Heights, Mondeal Square. | ⭐⭐⭐⭐⭐ |
| Hospitals | SAL Hospital & Medical Institute, CIMS Hospital and Sterling Hospital | ⭐⭐⭐⭐⭐ |
| Safety | Safe | ⭐⭐⭐⭐ |
| Grocery/provisions | Available close by | ⭐⭐⭐⭐⭐ |
Check out properties for sale in Thaltej.
Price trends in Thaltej
Check out properties for rent in Thaltej.
5. Ambawadi
Be it residential plots, independent houses or villas, these are available in Ambawadi. The locality is popular, thanks to job markets in the vicinity that have helped attract buyers and tenants, despite waste management issues.
Property prices and rentals in Ambawadi
| Ambawadi | 1BHK | 2BHK | 3BHK |
| Buy | Rs 20 lakhs onwards | Rs 36 lakhs onwards | Rs 40 lakhs onwards |
| Rent | Rs 10,000 onwards | Rs 13,000 onwards | Rs 16,000 onwards |
Locality profile of Ambawadi
| Parameter | Availability | Overall rating |
| Profile of neighbours | HNIs, NRIs, corporates, businessmen, working professionals | ⭐⭐⭐⭐⭐ |
| Hangout locations | Gulmohar Park Mall, Iscon Mega Mall, Super Mall, and Ahmedabad One Mall | ⭐⭐⭐⭐⭐ |
| Educational institutions | SIS Prep International School, Mahatma Gandhi International School, Leap International School, Ahmedabad International School | ⭐⭐⭐⭐⭐ |
| Infrastructure and transport | GSRTC (Gujarat State Road Transport Corporation) buses | ⭐⭐⭐⭐ |
| Job market | Software Technology Parks of India (4 kms), Titanium Business Park (5 kms), Pinnacle Business Park (6 kms), and Westgate Business Bay | ⭐⭐⭐⭐⭐ |
| Hospitals | Shanti Multi Speciality Hospital, Apollo Hospitals City Centre, Siddhivinayak Hospital, Medilink Hospital, Shreeji Multispeciality Hospital | ⭐⭐⭐⭐⭐ |
| Safety | Safe | ⭐⭐⭐⭐ |
| Grocery/provisions | Available close by | ⭐⭐⭐⭐⭐ |
Check out properties for sale in Ambawadi.
Price trends in Ambawadi
Check out properties for rent in Ambawadi.
Note: Data in the tables have been sourced from Housing.com.
FAQs
Which are some of the investment hotspots in Ahmedabad?
Nava Naroda, Maninagar, Gota, Chandkheda and Vatva are among the top investment hotspots in Ahmedabad in 2020.
Which are some of the affordable residential localities in Ahmedabad?
Affordable residential localities in Ahmedabad include Narolgam, Vinzol, Changodar, Vatva and Lambha, with real estate prices within Rs 2,000 per sq ft on an average.
Related Posts
Ahmedabad’s most popular property locations.
Survey reveals Indian home buyers dissatisfied with current project quality.
What are penthouses and how popular are they in India?.
Will the Coronavirus pandemic impact top builders’ profit margins?.
Bigha: All about land area measurement unit.
Home buyers’ wish-list for Budget 2020.
Comments 0