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Ahmedabad having high proximity affordable housing projects to city center: JLL

In a recent report, Jones Lang LaSalle India (JLL) suggested that as compared to some major cities like Mumbai, NCR, Bangalore, Pune and Chennai, cities like Ahmedabad and Kolkata have an advantage due to high proximity of affordable housing projects to city center.

At 15-20 km Ahmedabad and Kolkata offer the closest proximity to central business districts (CBDs) as against major cities like Mumbai, NCR and Bangalore where the distance comes at 60-65 km.

Ahmedabad has witnessed growth to a great extent under these circumstances. In terms of developers also Ahmedabad has some good players like Tata Housing (Shubh Griha), which has entered the market with focus on low income groups.

Another benefit has been that the proximity has helped players in Ahmedabad with projects endorsing prompt response from buyers. Due to these reasons, almost 80 affordable housing developments in areas of New Maninagar, Narol, Vatva and Kathwada in Ahmedabad are being executed by developers like Santosh Associates, Foliage, Galaxy Developer and Dharmadev Builders.

To read more real estate news:

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Source: Business Standard

2 Responses to “Ahmedabad having high proximity affordable housing projects to city center: JLL”

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  2. [...] Ahmedabad boasts of excellent infrastructural features and basic facilities. It has world class hospitals [...]

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