The tremendous growth of Gujarat in the real estate sectors especially Ahmedabad and the surrounding cities is amazing. The impressive growth in infrastructure and basic facilities, as well as the commercial development of the sector, is attracting investors from all over the world.
It is a very prosperous time for the state and cities such as Naroda are reaping huge profits and investment deals through various investment projects and deals in the real estate market. The Naroda industrial sector has led to the development of the city and major commercial set-up are settling down in the city for business purposes.
Properties in and around Naroda
The city of Naroda, only three miles from the megacity Ahmedabad, is the industrial hub of the state. Divided into two parts, the Juna Naroda and Nava Naroda, both the places have huge demands for property both for residential and commercial purposes. It has transformed from an industrial area into a lucrative residential place. The strategic location of the city with the proximity to airport and railway station has made it a hotspot for property dealings. The commercial development of the place with the residential development has resulted in it becoming one of the most sought after places for real estate investment.
Facilities available in property deals
The proximity to the capital and the location of the city near the communication points have resulted in an increase in demand for real estate prospects in the city. Various upcoming projects have started, and you can invest in these projects for investment purposes for garnering huge profits. Since the area is developing newly, the rates are pretty modest and affordable and promise huge returns in the future. The clean and well-developed surroundings make it an ideal location for residential purposes as well as commercial development.
Location and connectivity
As mentioned earlier, the city of Naroda is very near to the capital and has well connected roads and networks to avail communication services. The public transport facilities are also highly developed and can be availed easily from anywhere in the city. If you have your job sector in the megacity of Ahmedabad but are looking for modest accommodations not very far from the city to commute regularly, you can seek a property in Naroda. The clean and green surroundings, as well as ready commuting facilities, make it one of the most happening residential areas of the state.
Through the professional eye
When investing in real estate in Naroda you can do a thorough research online with the help of various web portals as well as take reviews from connections who are residents of that place. If you do not have a good local network, you can seek professional help. It is a good idea to take the advice of the local property advisers to find the best possible areas of investments to reap best possible profits at a very short stipulated period. You just have to be careful not to get indulged in deals that falsely promise about profit margins and trap you in horrifying legal issues regarding property investments.
Is Delhi-NCR real estate moving sluggish
If the recent trends in real estate market in Delhi are to be believed, there is a significant dip in the units sold in the capital and NCR in the last 18 months. The sluggish trend has been whistled by lack of incentives from the administration which is focussing on clearing infrastructure road blocks rather than giving green signal to new projects. With paper works in the backlog, new projects in Delhi are at pause, at least for the rest of the year 2015.
Tips for new residents in Panvel to understand their locale better
Panvel has seen a major transformation from a sleepy suburb to a satellite town and finally to a full-fledged city. The growing population willing to reside in the Mumbai MMR region, the shortage of adequate real estate destinations in Mumbai region has made investors and buyers look at Panvel as their best option. Panvel was famous from its lush green surroundings and farm houses. With changing times and inflow of population there are abundant new projects available in Panvel for investors and buyers alike.
Looking for a green living space in Zirkapur Here are options
Zirakpur located near Chandigarh and part of the tri city comprising of Chandigarh, and Mohali is one of the most popular real estate destinations. While Mohali and Chandigarh investors have had the luxury of investing in properties located closer to nature with lush green belts and parks, Zirakpur residents often faced concrete jungles.
