Reasons to Invest in Studio Apartments in Ahmedabad
There are enormous reasons for investing in the city, like the existence of healthcare, textile, manufacturing, and automobile industries. Parallel to employment opportunities, connectivity does play a crucial role. These factors lead to a massive rise in property prices in Ahmedabad. Here is the insight about robust infrastructure of India's fifth bustling city.
Railway Network
Here, the robust connectivity cater to segmented travellers. Ahmedabad railway station is the busiest railway station in the country and operates under the Western zone of Indian railways. Apart from the main, Sabarmati junction, Maninagar, Chandlodiya, and Ghandidham are other important railway stations in the city.
BRTS Connectivity
Since 2019, the city has been experiencing seamless travel via Ahmedabad Metro, a part of the rapid transit system. With a daily ridership of 40km between East-West and North-South dimensions, connectivity is simple.
Public Bicycle System
It may sound bizarre, but, it is popular amongst locals. Ahmedabad Municipal Corporation introduced 'Amdabike', with the vision of last-mile connectivity. Thus, professionals from distinguished segments enjoy a joyride to the workplace. It also keeps the environment clean and green, enhancing the freshness of the air.
The studio apartments in Ahmedabad investment stand as a firm choice as the influx of skilled professionals will raise demand for residential accommodations.
Growing Demand for Studio Apartments in Ahmedabad
Tourism Industry
The Sabarmati Riverfront and Sabarmati Ashram are the famous tourist destinations here. With the giant Statue of Unity, in the city's vicinity, Ahmedabad tops the list of places to visit in India. Thus, demand for stay accommodation soars.
Budget-Friendly Deals
Unlike Tier-I cities, Ahmedabad offers steady growth in property values. With distinguished industries as its backbone, the city competes with Mumbai and Delhi in economy. Thus, job seekers and professionals hop on growth possibilities in the city. It does spike a hike for residential property demand and ticket sizes are available at affordable cost. The low investment value comes with the potential for high returns, making studio apartments in Ahmedabad a perfect investment option.
IT Hub Expansion
The city has outgrown itself from traditional business models to contemporary MNCs. Yes, the city known as an administrative center of Gujarat state, is also emerging as IT Hub. Several globally-renowned corporate companies are establishing offices in the city. Following the trend, and availability of workforce, several establishments plan to venture in Ahmedabad.
The requirement for rented apartments and locals' income growth ascertain increasing demand for studio apartments in Ahmedabad.
GIFT City
GIFT City in Ahmedabad is a center for excellence in commercial, business, finance, and IT domains. It is a sustainable and approved futuristic place for a flourishing lifestyle. It is a city that elevates India's standards amongst global cities and paves the way towards a global financial capital. Thus, many companies head turns this way.
With the growing popularity of the GIFT City, more businesses are coming to Ahmedabad, bringing a colossal workforce. Thus, residential real estate in the city witnesses a bull-run. The ease of doing business and transparent working models, attract overseas investors too. The constant incoming of foreign investors is one of the reasons for property value increase.
So, if you plan to invest in immovable assets, luxury studio apartments in Ahmedabad are one of the best options.
