Overview of Ellis Bridge, Ahmedabad

Location and Accessibility

Ellis Bridge is situated centrally in Ahmedabad. It’s near business hubs, offices, schools, malls, supermarkets, hotels, and hospitals. Public transit connects it to the rest of the city and it’s close to landmarks like the Sabarmati Riverfront and Ashram Road.

Property Prices and Trends

• Average Price: Properties in Ellis Bridge average around ₹6,902 per sqft, ranging from ₹3,140 to ₹8,843.
• Growth Trend: Property prices have dropped by 13.94% over the last year. This could be a favorable sign for potential buyers.

Types of Properties Available

For Sale

• Apartments: Options include 1 BHK, 3 BHK, and 4 BHK, priced from ₹1.46 Cr to ₹4.5 Cr. Average prices range from ₹6,719 to ₹12,493 per sqft.
• Office Spaces and Showrooms: Available as well, with office spaces priced from ₹17 Lac to ₹69 Lac and showrooms at ₹7.1 Cr.

For Rent

• Apartments: Diverse options such as 2 BHK, 3 BHK, and 4 BHK flats. Rental prices vary from ₹16,000 to ₹70,000 per month.
  • 2 BHK: About ₹16,000 to ₹25,000 per month.
  • 3 BHK: Around ₹38,000 to ₹45,000 per month.
  • 4 BHK: Generally ₹70,000 per month.

Amenities and Infrastructure

• Amenities: Many properties offer bathrooms, balconies, parking, gas connections, wardrobes, air conditioning, and extras like fridges and microwaves.
• Infrastructure: The area has good ventilation and sunlight. It includes nearby parks such as Parimal Garden. High-rise buildings like Takshashila AIR give expansive views of the Sabarmati Riverfront.

Investment Potential

• Ellis Bridge’s central location and recent price drop suggest it’s a good spot for investors and those wanting to buy or rent.

PropertyWala's Conclusion

Ellis Bridge in Ahmedabad stands out as a top choice for buyers and renters. It's centrally located and connected well. Despite a recent price drop, its central positioning and good infrastructure make it appealing. It fits those who need amenities and want to exploit market trends. It’s perfect for those who want both luxury and convenience at various budgets.