Rising property prices
Narendra Modi Cricket Stadium in Motera area of Ahmedabad has already opened a month and a half ago, but the property market here has started showing a boom.
Boom up to 25-30 per cent In the last one and a half months, land deals worth more than Rs 250 crore have been done in Motera and its surrounding areas. Property prices are increasing in the area of 7 8 km around the stadium. In areas like Sughd, Chandkheda and Bhat, land prices have risen by 25 to 30 per cent.
#AwaazStory | # Corona Businesses are in trouble in the epidemic but #Ahmedabad The property market is booming. Property prices have increased around the world’s largest cricket stadium. Many big real estate players are buying land in these areas.@ManishDesaiCNBC pic.twitter.com/HSEzyzE90d
– CNBC-AWAAZ (@CNBC_Awaaz) April 3, 2021
Outside investors are also investing money. Short-term investors and long-term investors are showing a lot of interest in this area. Ahmedabad remains the first choice of investor. People in the property market say that a residential scheme is also to be organized here.Also read: Indian Railways: Travel can be done without reservation too! Railways to start 71 unreserved trains from April 5, check full list
In urban areas, the areas where the maximum colony has developed, the property prices can be expensive in the coming time. If you are thinking of taking home, then now you have to spend more.