The Ahmedabad city has well organized residential and commercial areas. The continuous supply of electricity and water, broad roads, and the rapid transportation system have made Ahmedabad a hot spot for industries.It has taken a huge effort for the city to become a commercial hub, which has influenced its property price and made Ahmedabad a popular investment hub which has increased NRI investment in the city.Growth of Brokerage sectorWith more and more regulation coming into the picture, Real Estate has become much more organized when it comes to its modus operandi. The popularity of brokerage sector is high and it is evident from the fact that the city is flooded with placards and posters showing flat for sale, flats for rent, penthouses for sale and furnished apartment for sale. This clearly reflects the increasing demand for flats and furnished apartments in Ahmedabad. Since the city is the commercial capital of the state and the hub for many industries the rental values of flats have also increased as people are now migrating to Ahmedabad looking for career opportunities. All this has led to the growth of the Real Estate industry providing a great business opportunity to those who are looking forward to making a mark in this industry. The demand for flats, penthouses, bungalows and township properties have increased and thus the city in now filled with such properties. Every turn of the road shows a hoarding Flat for sale in Ahmadabad, Flat for rent in Ahmadabad etc. Apart from the residential development in the city, investment in the commercial space has also grown. The figures are exciting; in 2014 the capital value of commercial space raised as much as 20-30 percent especially in areas like Prahladnagar, S-G Highway, and portions of East Ahmadabad.
Real Estate DevelopmentsAhmedabad, the commercial capital of Gujarat continues to show the increasing trend in Real Estate and other infrastructural development which are unlikely to saturate in the coming years. Due to its location advantage and investor friendly policies of the government, the city has managed to attract many investors which have created many job opportunities for people who are residing in the city. Moreover, with the announcement of Ahmedabad as a mega city in the last Union Budget the Real Estate activity has gained pace and will continue to increase in the coming years.
About RE/MAX Realty Solutions
As the city of Ahmedabad has become the hub for a myriad of Real Estate companies, RE/MAX Realty Solutions continues to work in a highly professional manner matching its way of working as per international standards which have not only helped it become the #1 RE/MAX office in India but has also helped it carve a niche for itself in Ahmedabad. If you are looking for furnished/ unfurnished flats, penthouses, bungalows, land for residential development or offices, showrooms and shops, RE/MAX Realty Solutions is a one stop shop for all your property needs.
Source : articlesbase.com
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