Due to post covid times, people have realized the value of having a home of their own. Apart from apartments, people prefer investing in plots and has now become a trend over time. Plotted developments within a gated community that offer good space without compromising on connectivity are the best option considered by people so that they can build houses of their own as and when needed. Moreover, the prices of land are relatively lower compared to residential properties. Further, there is no maintenance required, leading to cost savings. And having a plot in Ahmedabad is next to having a haven of your own as it impels several benefits mentioned below:
Lower home loan rates, less interest value, and exemption on stamp duty have already made the property market favorable for homebuyers. Then, the price for residential plots in Ahmedabad is considerably lower than the constructed homes as these sites are located in the peripheral areas of the city where land is spacious at affordable rates. Moreover, the maintenance expense and other additional costs are less as you built your home according to your quality standards.
Smart City Project, Upswing in Commercial Realm, Expansion of Satellite Ahmedabad, and Cleanliness are some of the reasons to get high property returns in Ahmedabad. Investment in plots for sale in Ahmedabad is already a long-term asset and it continues to appreciate over the years. Besides, plotted developments generate higher returns as they are on the outskirts which eventually populate with time, increasing the land value significantly.
Smart City Project
Ahmedabad comes under the first 20 cities of the country to make the city smart like other metropolitan cities such as Mumbai, Bengaluru, Delhi, etc. This project when executed would develop the city more in terms of its connectivity, integrated transport network, and resiliency. Thus, investing in this city would indeed yield high returns in the coming times.
Increase in Employment
Availability of more employment attracts people to reside in. This influx of people boosts further development of the city. Many new industries, BPOs, KPOs, IT companies, multinational companies, etc., are unfolding their start-ups in the city, which is driving up the job opportunities as well as the demand for the real estate sector. One can also invest in the commercial property of Ahmedabad as it is more likely to grow faster.
Therefore, Ahmedabad is flourishing rapidly into one of the most lucrative real estate markets in India. Those investing in plots for sale in Ahmedabad at this time would perceive a great appreciation in its price and would be able to sell it at a higher profit in the future.
If you are planning to invest in the best plots in Ahmedabad, check out Arvind High Grove. A plotted development project that offers buyers the freedom to build a haven of their own with access to multiple amenities such as futsal courts including golf, swimming pool, gymnasium, kids gaming zone, Spa & Sauna, Banquet hall, Double height Lounge, Restaurant, and many more. Moreover, the project is well connected and other essential conveniences are in the vicinity.