Ahmedabad, one of India's rapidly developing cities, has witnessed significant growth in its real estate sector over the past decade. Several areas have emerged as hotspots for investment, driven by infrastructural developments, strategic locations, and urban planning initiatives. Here's a look at some of the top trending areas in Ahmedabad based on real estate growth:
GIFT City is India's first operational greenfield smart city and international financial services center, located in the Gandhinagar district as a suburb of Ahmedabad. Established in 2015, it aims to serve as a hub for financial and technological services, attracting both national and international businesses. The city is designed to offer state-of-the-art infrastructure, including commercial, financial, and residential complexes, promoting a walk-to-work culture. As of June 2023, GIFT City is home to 23 public sector and multinational banks, 35 fintech entities, two international stock exchanges with average daily trading volumes of $30.6 billion, and India's first international bullion exchange with 75 onboarded jewelers.
Strategic Location: Situated on the banks of the Sabarmati River, approximately 12 km from Sardar Vallabhbhai Patel International Airport, enhancing its connectivity. Advanced Infrastructure: Offers modern amenities with a focus on sustainability and smart city initiatives, including integrated residential complexes, commercial spaces, and recreational facilities. Economic Incentives: Provides tax benefits and incentives to businesses operating within its premises, making it an attractive destination for financial institutions and tech companies.
The Sabarmati Riverfront is a waterfront development along the banks of the Sabarmati River in Ahmedabad. This project has transformed the riverbanks into a vibrant public space, enhancing the city's aesthetic appeal and providing recreational areas for residents. The development includes parks, promenades, and cultural spaces, making it a sought-after location for real estate investments.
Recreational Spaces: Features parks, gardens, and promenades, offering residents and visitors scenic views and leisure activities. Cultural and Social Hubs: Hosts various cultural events, exhibitions, and social gatherings, enhancing community engagement. Real Estate Development: The beautification and infrastructural improvements have led to increased demand for residential and commercial properties in the vicinity, boosting property values.
SG Highway has emerged as one of Ahmedabad's most prominent real estate corridors. Connecting Sarkhej to Gandhinagar, this stretch has seen rapid development in both commercial and residential sectors. The presence of corporate offices, shopping malls, educational institutions, and healthcare facilities has made it a preferred choice for investors and homebuyers alike.
Commercial Hub: Hosts numerous IT parks, corporate offices, and business centers, attracting professionals and boosting demand for housing. Residential Projects: Offers a mix of affordable and luxury housing options, catering to diverse demographics. Infrastructure: Well-developed roads, connectivity to major parts of the city, and proximity to the airport have enhanced its appeal.
Once considered peripheral areas, Bopal and South Bopal have transformed into thriving residential localities. The expansion of the city limits and improved infrastructure have led to a surge in real estate development here. These areas offer a blend of affordable housing and upscale residential projects, making them popular among middle and upper-middle-class homebuyers.
Affordable Housing: Provides cost-effective residential options without compromising on amenities. Connectivity: Enhanced road networks and public transportation have improved accessibility to other parts of Ahmedabad. Social Infrastructure: The establishment of schools, hospitals, and shopping centers has made it a self-sustained locality.
Prahlad Nagar has rapidly evolved into a posh residential and commercial area in Ahmedabad. Its strategic location, coupled with well-planned infrastructure, has attracted real estate developers and investors. The presence of premium office spaces, high-end residential complexes, and recreational facilities has elevated its status as a prime locality.
Premium Residences: Hosts luxury apartments and villas catering to affluent buyers. Commercial Spaces: Home to several multinational companies, IT firms, and retail outlets, boosting employment opportunities. Amenities: Offers a range of dining, entertainment, and shopping options, enhancing the quality of life for residents.
In February 2025, Indian billionaire Gautam Adani announced a collaboration with the U.S.-based Mayo Clinic to establish an affordable health campus in Ahmedabad. This initiative aims to enhance the city's healthcare infrastructure, making it a significant development in the region.
Comprehensive Healthcare Facilities: The campus will include hospitals, medical colleges, transitional care, and research facilities, providing advanced medical services to the community. Global Expertise: Technical expertise will be provided by Mayo Clinic Global Consulting, ensuring world-class healthcare standards. Economic Impact: The development is expected to create job opportunities and boost the local economy, further enhancing the attractiveness of the surrounding areas for real estate investments.