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Our specialised platform offers comprehensive evaluations of properties for sale in Ahmedabad on primary and secondary markets. With around 435 curated listings from top developers and agencies, finding the perfect property for passive income, resale, business, or relocation is easy. Our advanced filters help you narrow down options of property in India based on price, area, bedrooms, bathrooms, proximity to amenities, property type, furnishings, and amenities like yards, gardens, and pools. Detailed descriptions accompany each listing, making decision-making a breeze. Simply reach out to agencies or developers once you've found the right fit.
- Minimum cost of property in Ahmedabad: $12880
- Most expensive unit: $1.9 million
- Minimum area: m²
- Largest property area: 5,215 m²
In Ahmedabad, India, foreigners seeking to purchase property must possess a valid residence permit, unless they opt to collaborate with a Real Estate Investment Trust (REIT). Obtaining a residence permit involves specifying one of the following reasons for legalisation: employment, investment, entrepreneurship, or enrollment in an Indian university under contract. If the documentation is in order, acquiring a residence permit poses no significant challenges.
For those considering investment in the national economy, the following factors should be considered:
- A minimum investment of $1.5 million is required.
- The investment deposit remains valid for at least 5 years.
Eligibility for citizenship becomes possible after residing in the country for 10 to 12 years.
Property in Ahmedabad
The city of Ahmedabad not only boasts of rich cultural heritage but has also become a burgeoning economic hub, offering a diverse range of real estate opportunities. From luxurious apartments to spacious bungalows and commercial spaces, it caters to a wide spectrum of preferences and needs. The city's strategic location, enhanced by the Sabarmati River dividing it into two distinct regions, has been pivotal in its development. The eastern part of Ahmedabad is steeped in history, housing ancient landmarks, while the western region is noted for its modern infrastructure and upscale neighbourhoods.
Residential areas like Satellite and Prahlad Nagar provide varied housing options amidst good infrastructure and amenities. The city boasts a robust transportation network with the BRTS and an upcoming metro rail project. Reliable utilities, efficient waste management, and developing road networks enhance the quality of life.
For investors, Ahmedabad's strong economy in textiles, pharmaceuticals, and IT sectors offers promising returns. Areas like SG Highway and Vastrapur show rapid development, attracting both residential and commercial real estate investment. Government initiatives like the 'Smart City Mission' further fuel growth prospects.
Overseas investors can choose the suitable type of properties in Ahmedabad, India among the following:
- Apartments. Expats and investors can choose cosy studios or large multi-bedroom flats. They are found in standalone buildings, gated communities, and high-rise towers.
- Villas and bungalows: For those looking for more space and privacy, houses in India offer independent living with amenities like gardens, parking spaces, and sometimes even private pools.
- Plots. Investors or individuals looking to build their own customised homes can purchase residential plots or land in various parts of the region. These plots may be available in developed residential areas or upcoming suburban locations.
- Commercial spaces. Wealthy foreigners can invest in office spaces, retail outlets, and commercial complexes. These properties are typically located in business districts, commercial hubs, or mixed-use developments.
- Industrial and warehouse spaces. With the thriving industrial sector, there are options for buyers interested in such type of investment real estate in Ahmedabad.
- Farmhouses. In the outskirts, there are properties that often feature spacious land areas along with residential accommodations and recreational amenities.
Overall, the Indian real estate market offers a diverse range of options, catering to both residential and commercial needs. A wide range of property prices in Ahmedabad provide excellent opportunities for investors with different budgets.
Reasons for investing in property in Ahmedabad
Properties in Ahmedabad for investment present a compelling opportunity for foreign buyers. The most convincing reasons underpinning the attractiveness of local real estate market include:
- Ahmedabad's residential market has shown a remarkable growth trajectory, with a 21% yearly increase in new launches and a 50% rise in total sales in the first quarter of 2023 alone.
- The city experienced a significant surge in demand, with a 131% year-over-year growth in 2023, translating to 41,327 residential units sold. This demand is not just confined to residential properties but extends to commercial spaces, driven by the city's expanding economy.
- Ahmedabad offers attractive rental yields, with the city experiencing a rental yield of 4.79% in 2023. This is competitive when compared to other major cities in India, making it an appealing option for investors looking for steady rental income.
Buying real estate in Ahmedabad
The comprehensive database of Global Properties allows users to explore a variety of plots, commercial spaces, houses and apartments in India. The platform provides intuitive interface and detailed listings with high-quality photos, property details, and location insights. Moreover, the aggregator's tools and filters allow for customization according to specific needs, such as budget, type of real estate for sale in Ahmedabad or any other location, ensuring a tailored search experience.