Overview of Kathwada, Ahmedabad

Location and Development

Kathwada is in Ahmedabad, Gujarat, a part of the city's growing real estate landscape. This area is seeing big changes.

Property Prices

• Properties in Kathwada start at around Rs. 2,000 per sqft, with averages at Rs. 4,501 per sqft.
• The top price for a property here can reach Rs. 4,375 per sqft. There’s been a recent 2% drop.

Property Distribution

• Most properties listed in Kathwada fall in the ₹40Lac - ₹60Lac bracket (27%) and up to ₹20Lac (23%).
• 3 BHK apartments are the main type on offer.

Rental Market

• If you’re renting, options exist in and around Kathwada, including areas like Nigam Nagar and Chandkheda. For example, a 2 BHK apartment might cost ₹18,500 monthly.

Market Trends

• Property rates in areas like Nikol have steadily grown. For instance, rates per sqft went from ₹3034 in 2021 to ₹3363 in 2023, showing a 6% annual increase.

Amenities and Infrastructure

Details on Kathwada's specific amenities are sparse, but it’s part of a bigger plan for Ahmedabad's improvements. Ahmedabad is bustling with industrial and economic activity, comprising various manufacturing and service sectors.

PropertyWala's Conclusion

Investing in Kathwada offers promise for buyers and renters, with affordable rates and future appreciation. The nearby growing neighborhoods and Ahmedabad’s overall economic growth make it a smart real estate choice. Still, buyers should research the local amenities and infrastructure to confirm they match their requirements.