What Are the Current Land Prices in GIFT City?

It is no secret that Ahmedabad and Gandhinagar are growing rapidly. Both commercial and residential real estate development are evident in Ahmedabad, which is Gujarat’s financial centre, and Gandhinagar, which is its capital.

There is a rapid rise in the price of real estate properties and land. Several factors contribute to the rise in real estate prices. Some of the large players in various sectors have been attracted to Ahmedabad and Gandhinagar. A great deal of profit has been made by the real estate industry.

There is a rapid increase in the prices of Ahmedabad and Gandhinagar properties, making it a great place to invest. Therefore, real estate investors looking for a higher return on investment should consider purchasing a property in Ahmedabad and Gandhinagar city.

In GIFT city, residential apartments with 2BHK and 3BHK are being developed by numerous reputed developers. There are a variety of prices available for property, ranging from rs 6000/sqft to rs 9000/sqft.

GIFT City’s proposed vertical development consists of 62 million square feet, of which 14 million square feet will be residential. Residential space will make up 22 percent of the total development.

Residential developments are being developed by reputable developers in GIFT city, including Shlip Group, Shivalik Group, Kaavyaratna Group, etc.

Some of the residential projects being built in GIFT city include Kaavyaratna Reva, Sobha Avalon, Smart Life, Sobha Dream Heights, Nila Vida, Janaadhar Mangala, etc.

The commercial properties are equipped with world-class infrastructure. Due to the higher occupancy, it will offer high returns and higher rents. Among the features of the building are a data center, district cooling, a green building system, a modern IBMS system, and a high-speed internet connection.

In comparison with Ahmedabad’s major areas, GIFT city’s commercial property prices are almost identical. However, property prices have appreciated, which makes GIFT more desirable.

In terms of residential and commercial properties, its strategic location, integrated development, India’s first IFSC, smart and green infrastructure, quality of life, and talent availability make it an excellent investment.

Get in touch with Roodland to learn more about the investment opportunities in Gandhinagar and Ahmedabad.