Sabarmati River Front Project: A Landmark Urban Development Initiative
The ambitious Sabarmati River Front project, valued at eight hundred crore rupees, is poised to kickstart real estate development by the end of the current fiscal year. This transformative urban infrastructure project promises significant opportunities for both commercial and residential property segments.
Key Project Highlights
- Total Project Area: 168 hectares of reclaimed land
- Developable Land: 22% (34 hectares) available for real estate projects
- Location: Central Ahmedabad
Development Potential
The project will unlock strategic land parcels in prime city locations, including:
- Ashram Road
- Walled City
- Shahibaug
- Kalupur
- Relief Road
Project Implementation
The Ahmedabad Municipal Corporation (AMC) has announced that the reclaimed land will be ready for real estate developments as early as December. This initiative is expected to significantly expand the city's established business districts and create new urban development opportunities.
The riverside location offers a unique value proposition for both commercial and residential developers, potentially transforming Ahmedabad's urban landscape and real estate market dynamics.