Ahmedabad

Ahmedabad is an ideal city for acquiring residential property due to the excellent infrastructure that the city has and the kind of facilities it offer. Many people opt for Ahmedabad with business intentions and they look for residential property to establish their livelihood.

The cost of living is moderate in this city so the property prices are either not very high or very low. But the trend indicated that the property price will start ascending at a very alarming rate. India Real Estate Agents can find the best residential in and around the city at a fair price.

Ahmedabad is the largest inland industrial center and the second largest industrial center in Western India after Mumbai. It is an important business center as the largest city in the state of Gujarat and the 7th largest city in India.

The need for industrial property will never saturate in this city due to its ever increasing value as a major industrial hub. Ahmedabad is popular for industries like textiles and chemicals. Heavy amount of products are exported and imported through Ahmedabad. It is a very active state in terms of participation in Indian economy.

The textile industry has been the main industry of Ahmedabad since 1861. Arvind Mills in Ahmedabad is one of the largest textile mills in the country. Ahmedabad also has a commendable chemicals and pharmaceuticals industry. The city serves as the corporate headquarters of the Adani Group, a leading trading and export company of India.

Ahmedabad is one of the largest commercial hub in Western India, second to only Mumbai. The cit6y offers great infrastructural base and excellent opportunities for commercial purposes. It has a long history of self generating prosperity through trade, commerce and textile manufacturing. Popularly referred to as the "Manchester of the East", a majority of the citizens of Ahmedabad are traders, known as Vanias.

For an efficient running of business, the city has a fully developed commercial areas and all the modern day communication and transportation facilities are available. There is good connectivity to all the important business centers, inside and outside the country making it a favorite destination for traders. This is the reason that the prices of commercial properties are rising and it is expected to rise at a higher rate after several MNCs are planning their base in Ahmedabad.

The last few years have seen the rise of the Information Technology industry in Ahmedabad. A Nasscom survey conducted in 2002 on the "Super Nine Indian Destinati ons" for IT-enabled services (ITES) had ranked Ahmedabad fifth among the top nine destinations.