Real Estate Market Changes Due to SP Ring Road in Ahmedabad

The Gujarat government has decided to emphasize building the periphery to accommodate housing demand due to rapid urbanization and an ever-increasing demographic. The Sarkhej-Gandhinagar Highway often referred to as the SG Highway, links two important Gujarat cities, Ahmedabad and Gandhinagar.

The vicinity to the GIFT city and the existence of IT businesses in the surrounding areas are two important growth factors along this route along with new projects are attracting investors more than ever. It also houses luxury car manufacturers such as BMW, Porsche, Triumph, Audi, Rolls-Royce, and others.

The Gujarat government has chosen to accentuate building the outskirts to oblige lodging interest because of quick urbanization and an always expanding segment. The Sarkhej-Gandhinagar Highway frequently alluded to as the SG Highway, joins two significant Gujarat urban communities, Ahmedabad and Gandhinagar.

The area to the GIFT city and the presence of IT organizations in the encompassing regions are two significant development factors along this course alongside new activities are drawing in financial backers like never before.

It additionally houses extravagance vehicle producers like BMW, Porsche, Triumph, Audi, Rolls-Royce, and others.

This also gets a further boost with projects under the umbrella of Smart City Mission launched by the government in 2015.

Prime Location

The highway that links the state’s two most significant cities, Ahmedabad and Gandhinagar, also leads to a significant portion of National Highway 8C, which runs from Sarkhej to Chiloda, Gandhinagar.

This strategic position enhances the stretch’s commercial value, resulting in an increase in the volume of residential constructions.

Trends In Prices

End-users, who account for 60% of housing demand, are generally mid-segment or working-class individuals who want to live close to their employment in Ahmedabad, Gandhinagar, Bhopal, and Sanand Industrial Hub, according to Jain.

Non-resident Indians (NRIs) and persons residing outside of Ahmedabad with significant discretionary incomes, on the other side, are the primary investors.

Connectivity And Infrastructure

The section is well-served in terms of public transportation because SG Highway is a significant node of National Highway (NH) 8C, which connects Ahmedabad and Gandhinagar.

In addition, the SG Highway is easily accessible via the Sardar Patel Ring Road, the Airport, the train station, and the projected East-West Metro Corridor. An underpass has also been erected to relieve traffic congestion between Sola and the GNFC Tower.

Global Indian International School, Columbia Asia Hospital, Arihant Hospital, Fun World, and Wonderland Snow Park are among the many educational, healthcare, and recreational options available along the stretch.

Projects That Are Popular

To meet the need for housing, famous developers like Adani, among others, have developed residential complexes, which provide a variety of facilities.

Potential investors in the business are quite interested in Adani Shantigram Waterlily, the company’s most recent project. The flats provided as part of this plan are not only constructed in a contemporary style but are also built to withstand natural disasters such as earthquakes. This housing development in Ahmedabad, Gujarat, is projected to be completed soon and is located on SG Highway.

This continuing project is being developed in accordance with the most recent trends defined by the industry’s premier interior designers. The Apartments are laid up in such a way that there is a maximum amount of usable space.

For those looking for all the conveniences and pleasures in their new home, this residential project is a godsend.