There is a reason why Sarkhej-Gandhinagar highway (SG highway) is the most coveted residential hub in Ahmedabad. It is sought after by investors for residential and commercial purposes. Not only Ahmedabad’s people are tapping this premium real estate hub, but so many people are like from across the state and NRI’s. This demand has led to a great spurt in the number of newly developing apartments on SG highway.
Here are reasons why SG highway is the most sought after destination for real estate purchases.
This highway is the connecting spot to two of the most flourishing cities of Ahmedabad which makes the location apt for the people working in these 2 cities. Hence, the number of home buyers booking apartments in SG highway has increased along with the whooping land value. High-end apartments and commercial spaces on SG highway have seen a growth like never before.
Some of the prominent landmarks on SG highway make it a reached out area by many. With the neighbourhood peppered with prominent landmarks such as Gujarat high court, Sola Bhagwat vidya pith, Vaishno Devi temple, Rajpath club, Iskcon temple, Cancer center to name a few, there is not saying what else will come up along SG highway’s line of real estate to make it more popular.
Properties around SG highway have seen a change in the price trends in recent times. From Rs 3,642 (estimated) per square foot in January 2016 to Rs 3,570 (estimated) per square foot in September 2016, this has only created an opportunity for investors to enter the market. Also owing to the current demonetization which has taken the market by storm, loan interests will be cheaper and residential apartments, easier for the common man to purchase. SG highway still remains a cheaper area to purchase property in as opposed to its counterparts within the city limits.
Real Estate Options in and Around SG Highway:
For the various reasons stated above, SG highway has become a very popular place for residential and office properties. Many small and big spaces with reputed real estate brands are planting their feet in and deep. In addition some of the current office and commercial projects are Avirat Silver Radiance One, Avirat Silver Radiance and Avirat Silver Brook. Some of the affordable yet luxurious residential options are Avirat Silver Brook and Avirat Silver Casa.