Overview of Koteshwar, Ahmedabad

Location and Amenities

Koteshwar, situated in Ahmedabad, provides a convenient mix of amenities. This area is near key landmarks like the Koteshwar temple. It also links to amenities such as markets, hospitals, malls, and bus stands.

Property Prices

• The average property cost in Koteshwar is ₹5,743 per square foot with a yearly increase of 12.32%.
• Prices range from ₹3,584 per square foot for budget options to ₹17,037 per square foot for luxury properties.

Types of Properties

• Flats/Apartments: Many flats and apartments come in 2, 3, and 4 BHK configurations. Properties like Kiara Opulent, Maruti Siddhivinayak Signature, and Horizon Kiara Legacy boast diverse sizes and benefits.
• Independent Houses/Villas: Some standalone houses and villas offer more roomy living spaces for sale or rent.

Rental Options

• Monthly rent for 3 and 4 BHK flats varies between ₹20,000 to ₹45,000, depending on features and location. Maintenance fees generally fluctuate from ₹1,500 to ₹3,500.

New and Ongoing Projects

• Projects like Kiara Monolith, Horizon Kiara Legacy, and Polaris Callisto provide modern amenities, like power backup, clubhouses, gyms, and swimming pools.

Developer and Builder Presence

• Renowned developers including Kiara Group, Horizon Realty, and Polaris Group maintain projects in Koteshwar, promising quality and amenities.

Advantages and Considerations

Advantages

• Prime Spot: Koteshwar is in a prime location, with access to many amenities.
• Amenities: Properties often come with features like clubhouses, gyms, and swimming pools.
• Investment Potential: With property rates increasing by 12.32% each year, Koteshwar is an attractive investment.

Considerations

• Price Range: The property price range, spanning ₹3,584 to ₹17,037 per square foot, needs careful budget evaluation by buyers.
• Tenant Preferences: Landowners may prefer bachelors or families for tenancy, impacting renters.

PropertyWala's Conclusion

Koteshwar, Ahmedabad, is a prime location offering affordability, luxury, and convenience for sellers and renters. The area’s growth in property rates and respected builders indicate a promising real estate market. Buyers and renters should examine the available choices, amenities, and locality suitability for their budgets and needs.