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    Realty hot spot: A developed residential micro-market in Northern Ahmedabad

    Synopsis

    'Chandkheda-Motera' is located near the Sabarmati River in the Northern part of Ahmedabad. It boasts strong infrastructure, social as well as transport. Schools, hospitals, banks and malls dot this well-connected Ahmedabad locality.

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    In this week's ET Wealth realty hot spot series, we turn the spotlight to a developed residential market in Ahmedabad. The locality is called 'Chandkheda-Motera' and is located near the Sabarmati River in the Northern part of Ahmedabad. It boasts strong infrastructure, social as well as transport. Schools, hospitals, banks and malls dot this well-connected Ahmedabad locality.

    A 3-BHK property type, comprising around 1800 sq. ft. area, costs approximately Rs 68 lakh on average and enjoys abundant supply to home buyers. Property types are also available in 2- and 4-BHK variants, with price ranging from Rs 7,500-23,000 per sq. ft.

    The area is 12 kms from the airport, 6 kms from the nearest railway station and 3 kms from Ring Road. Here are other highlights of Chandkheda-Motera that make it a real estate hot spot.
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    Key highlights
    • Developed residential micro-market situated near Sabarmati River in Northern Ahmedabad
    • Has adequate presence of educational institutions, hospitals, banks, convenience stores, eateries and malls
    • Key infra - Shree Swaminarayan Intl. School, Sentara Multispeciality Hospital, 4D Square Mall, D-Mart, etc.
    • Good transport infra comprising Ahmedabad-Patan Highway, BRTS Corridor, SP Ring Road and SG Highway
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    Supply by BHK
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    Consumer preference by budget segment (Rs)
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    Consumer preference by covered area (sf)
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    Schools 15+
    Hospitals 15+
    Restaurants 20+
    Banks 20+
    Grocery Stores 20+
    Petrol Pumps 15+

    Source: Magicbricks
    (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)

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