Nikol, Ahmedabad

About

Overview of Nikol, Ahmedabad

Nikol, located in the eastern region of Ahmedabad, is quickly becoming a highly desirable locality for buyers and investors alike. Let's dive into what Nikol promises to deliver:

Strategic Position
  • Nikol connects seamlessly to both old and new areas of Ahmedabad, ensuring easy accessibility.
  • It's close to prominent spots such as Naroda, Bapunagar, and Odhav.
  • The proximity to Sardar Patel Ring Road and Narol-Naroda Road ensures smooth travel to commercial hubs, educational centers, medical facilities, and shopping areas.
Connectivity
  • Nikol features an excellent public transport network with frequent AMTS buses, BRTS routes, and auto-rickshaws.
  • The forthcoming expansion of the Ahmedabad Metro will boost commuting ease further.
Property Prices
  • Nikol offers property prices that are budget-friendly compared to other areas like Satellite or Prahlad Nagar.
  • Average prices range between ₹3,000 to ₹4,500 per square foot, with current rates averaging around ₹3,750 per square foot.
Property Choices
  • A diverse range of property types are on offer, including 2BHK and 3BHK apartments, standalone houses, and villas.
  • Residential projects feature high-end amenities like clubhouses, swimming pools, gyms, and landscaped gardens.
Infrastructure
  • Nikol showcases significant growth in infrastructure, ensuring all essential amenities are at hand.
    • Educational Institutions: Nearby schools include Divine International School, Montessori School, Saint Paul English School, and VIP International School.
    • Healthcare Facilities: Accessible hospitals such as Satyamev Hospital, Shreeji Hospital, Dev Hospital, Palm Hospital, Harmony Hospital, and Safal Medical Hospital.
    • Shopping Centers: Malls like Pancham Mall, Vrundavan Shopping Centre, City Centre Mall, Krishna Vihar Shopping Mall, and Palm Arcade.
Real Estate Market
  • Nikol is experiencing a real estate boom with numerous residential projects and townships under development.
  • The area continues to grow, making it an appealing option for both residential and commercial investments.
Rental Market
  • Nikol provides excellent rental returns given the rising demand for affordable housing.
  • Rental prices vary; examples include ₹14,000 for a 2BHK flat, ₹20,000 for a fully furnished 3BHK flat, and ₹3,000 for a 1BHK flat.
Property Value Growth
  • Experts believe property values in Nikol will go up due to its affordability and expanding infrastructure.
  • Historical data shows significant price appreciation over the past five years, with a 15.2% hike in the last year and a 72.7% increase over the last ten years.
Quality of Living
  • Nikol provides a pleasant living environment with thoughtfully planned layouts, wide streets, green spaces, and pedestrian-friendly routes.
  • Known for a peaceful atmosphere and cultural richness, including attractions like Shree Mahakali Mataji Nu Mandir and Khodiyar Mata Temple.
PropertyWala's Final Thoughts

Nikol in Ahmedabad presents a strong case for anyone looking to buy or rent. Its strategic positioning, affordability, booming real estate market, and emerging infrastructure make it a top pick. Whether you're a first-time homebuyer, an investor, or seeking to upgrade, Nikol combines luxury with affordability and essential amenities. With its high potential for future price appreciation and excellent rental returns, Nikol stands out as a prime choice for real estate investment in Ahmedabad.

Reviews

Nikol is a fastest growing locality in East Ahmedabad., Good Schools, Hospital and Airport is near by. Roads and streets are well developed. Rare crime reporting in area. Very safe place to live in and for business.
Goods Brands are entering in this locality.

Pros
  • Cleanliness is good streets are well maintained.
  • Essentials are available 24 hours like medical and hospital s.
  • Good Schools available, Very safe locality for Girls kids , and others also.
Cons
  • More infrastructure required.
  • More recidencial property needs to build.
  • Night life is not existing.

Now Nikol is One of the Very well Develop Location of East Ahmedabad.There is All Amenities Near by Like Schools,Hospitals,Collages Etc.

Pros
  • Nice for Resident

Near school, collage, vegetable market, hospital, ATM bus stop,108 medical emergency, govt. collage, jan seva kendra

It is the next faster developing area with only Gujarati people. Mostly Patel and Kathiyawadis.

Pros
  • Dmart only 5 min walking distance
  • Dominos, lapinoz, and all other food joints only 5 min drive
  • Best people in neighbourhood

Nikol is Newly Well Developed Area. Peaceful living. Developed with Multiplex, Restaurants, Shopping Malls, International Public Schools, Multi Specialty Hospitals within walking distance. Excellent Location for Residence.

Pros
  • Well Developed
  • Good Community
  • Peaceful living
Nikol, Ahmedabad is rated 8 out of 10 based on 5 user reviews.
Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.

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Rental Properties

Price Trends

Also known as: Nikol Gam, Ankur Chokadi
Locality ID
A333779111
PinCode
380021