Ahmedabad real estate market is one of the thriving sectors in western India. As one of the biggest cities in Gujarat, Ahmedabad real estate has witnessed a huge inflow of fresh projects catering to the rising demand of houses. From affordable housing to elite projects, Ahmedabad real estate has a wide range of active projects galore. The one big sector that remains popular in Ahmedabad realty market in the 2 BHK apartment space.
The number of buyers looking to buy 2 BHK flats in Ahmedabad is much higher than any other segment. One of the paramount reasons is that Ahmedabad unlike many other cities has not entirely moved to the nuclear families syndrome. Ahmedabad today as a traditional Indian city still has a joint family system thus catering to the 2 BHK apartment structure unlike other cities like Mumbai and Pune where 1 BHK apartments are on the rise.
The inflow of new projects in the city of Ahmedabad is also keeping the sale trends in mind as most active builders and developers have projects having 2 BHK flats in the majority. With new projects in the pipeline and many fats up for resale in the city, the real estate structure in Ahmedabad has been consolidating offering good return to investors.
Even as investing in 1 BHK apartment may be far more pocket friendly, the rising growth and demand for 2 BHK apartments has meant such apartments have been on the radar for most of the investors including NRIs.
Both resale and new projects are equally attractive for the Ahmedabad realty market as the city has been one of the fastest growing markets for real estate in the country. A strong realty market in Ahmedabad is essential to keep the overall sentiment for the real-estate positive in the coming year, say property experts at Sulekha Properties.
Many builders are running real estate schemes to attract potential buyers. This includes schemes in tie up with banks as well as standalone schemes like discounts. Schemes in tie up with banks include zero processing fee schemes for their buyers, Tranch EMI options and planned disbursement schemes like 80:20 schemes. Such schemes are luring more buyers to their projects and making loans more affordable and customer friendly.