Overview of Ambawadi, Ahmedabad

Ambawadi, found in the Western region of Ahmedabad, stands out as a prime residential area in the real estate market. Here are some major factors to think about when considering buying or renting a spot here:

Position and Approachability

Ambawadi lies near big roads like IIM Road and Vasna Road, ensuring excellent connectivity and ease of movement. This easy access to key infrastructure makes the spot ideal for both people who live there and investors.

Property Prices and Patterns

Ambawadi's property rates are quite diverse. Properties start around Rs. 4,142 per square foot. An average home costs Rs. 10,168 per square foot. Prices can soar up to Rs. 1 lakh per square foot for luxury units. The market has seen a big growth of 31.68% per year, showing a solid trend.

Different Parts of Ambawadi

Within Ambawadi, there are various areas with unique rate trends.

• Manekbaug Area: Starts at Rs. 5,238 per square foot, the average being about Rs. 8,897 per square foot. In the last year, prices have gone down by 22.2%.
• Other Regions: Places like Tapovan Society, Acharya Narendradev Nagar, and Patel Colony also feature different price points, showing a variety of housing choices here.

The Rental Scene

Renting in Ambawadi provides many choices like 1, 2, and 3 BHK fully furnished flats, pet-friendly units, and high-rise apartments. Prices can begin at approximately ₹22,000 for a 2 BHK flat, but this varies based on size and facilities.

Rising Real Estate Interest and Changes

Ambawadi's prime spot and various amenities push up real estate demand. The area has grown steadily with regular price fluctuations showing a firm upward trend.

Summary From PropertyWala

If you're pondering buying or renting in Ambawadi, Ahmedabad, it's vital to study current market trends and the specific area you're eyeing. This spot has affordable and luxury housing options, plus it likely means future rises in property values. Given the yearly increase and central location, Ambawadi looks like a good pick for both investors and those looking for homes. But pay attention to each area’s price changes since they can differ.