Top Emerging Areas in Ahmedabad to Invest in Commercial Real Estate
Ahmedabad, the commercial hub of Gujarat, has seen tremendous growth in its real estate sector, particularly in the commercial space. From modern office spaces to retail hubs, the city offers a plethora of opportunities for investors looking to grow their portfolios. But with the ever-expanding boundaries of the city, where exactly should one invest for optimal returns?
Here’s a look at the top emerging areas in Ahmedabad that are ideal for commercial real estate investment.
1. SG Highway
Sarkhej-Gandhinagar Highway, or SG Highway, has transformed into a hotspot for commercial real estate in recent years. Being a key connector between Ahmedabad and Gandhinagar, this stretch has seen the rise of premium office spaces, malls, and retail centers. The presence of multinational corporations and IT parks makes SG Highway a magnet for investors and businesses alike.
- Proximity to residential neighborhoods.
- Well-connected to major parts of the city.
- Rising demand for office spaces and retail outlets.
2. Bopal-Ambli Road
Bopal-Ambli Road is another rapidly growing commercial corridor. Once considered on the outskirts, this area is now at the heart of Ahmedabad’s expansion, catering to a vast residential population. With new infrastructure developments and the growth of mixed-use projects, it has become a prime location for retail spaces and office buildings.
- Increasing urbanization and residential growth.
- Ideal for retail stores, showrooms, and office spaces.
- Future infrastructural upgrades like metro connectivity.
Prahlad Nagar, already a well-known name in Ahmedabad’s commercial real estate scene, continues to show great potential for future growth. Known for its corporate offices, luxury hotels, and high-end commercial spaces, it is one of the most preferred destinations for businesses. The area also boasts excellent amenities, modern infrastructure, and proximity to other business hubs.
- Prestigious business address.
- High demand for premium office spaces.
- Well-developed social infrastructure and connectivity.
4. SP Ring Road
The SP Ring Road has emerged as a new frontier for commercial real estate in Ahmedabad. The vast stretches of land available for development make it a prime candidate for future commercial hubs, particularly with large industrial, retail, and logistics projects planned. Many investors are eyeing this area as it promises long-term growth.
- Abundance of land for large-scale commercial projects.
- Expected growth in logistics, retail, and industrial spaces.
- Improved road connectivity and proximity to major highways.
5. Gota
Gota, located in the northern part of Ahmedabad, is evolving from a residential area to a booming commercial destination. With its proximity to SG Highway, Gota has seen significant infrastructure development, making it a good choice for those looking to invest in upcoming commercial projects. The area is especially popular for retail and hospitality businesses.
- Affordable entry point for investment.
- Rapid development and infrastructure upgrades.
- Proximity to both residential and industrial zones.
6. Bodakdev
Bodakdev is another upscale area that is perfect for commercial investments, especially in the retail and hospitality sectors. The area has seen rapid commercial development in the form of restaurants, cafes, shopping complexes, and office spaces. Given its central location and affluent clientele, Bodakdev offers excellent returns for investors in commercial real estate.
- High-end retail opportunities.
- Established business environment.
- Premium office spaces with excellent footfall.
7. Ashram Road
Ashram Road is one of the oldest business districts in Ahmedabad, but it continues to evolve with new commercial developments. Being centrally located and well-connected to all parts of the city, it remains a prime area for businesses and investors. Many companies still choose Ashram Road as their base due to its legacy as a business hub.
- Established business district.
- High demand for office and retail spaces.
- Great infrastructure and connectivity.
Conclusion
Investing in commercial real estate in Ahmedabad is a promising venture, especially with the city’s continuous growth and expansion. Each of these areas offers unique advantages based on your investment goals, whether you’re looking for long-term growth or immediate returns. From SG Highway’s thriving business environment to Bopal-Ambli’s up-and-coming commercial projects, there is no shortage of opportunities to tap into. If you’re ready to make a smart investment, now is the time to explore these top emerging commercial hubs in Ahmedabad.
Invest wisely, and watch your commercial real estate investments grow in one of India’s most dynamic cities!