Overview of Shahibaug, Ahmedabad

Location and Accessibility

Shahibaug stands out as a key residential area in Ahmedabad's eastern region. This part of the city is linked well to many crucial spots like the airport, the railway station, shopping malls, schools, hospitals such as Civil Hospital and Rajasthan Hospital, and other vital services; most are merely 2-5 km away.

Property Prices and Trends

Buying

The cost of properties in Shahibaug starts at Rs. 1,769 per square foot, averaging at Rs. 13,108 per square foot. The top-listed properties can hit as high as Rs. 115,714 per square foot.

Areas like Dafnala within Shahibaug feature an average price of around Rs. 8,080 per square foot.

Renting

Rents fluctuate significantly. For example, renting a 1 BHK flat that’s semi-furnished may cost about ₹14,000 per month. A fully furnished 2 BHK flat usually costs around Rs. 17,000-20,000 per month. A 3 BHK unfurnished flat can be rented for roughly ₹28,000 per month.

Property Types and Amenities

• Apartments and Independent Houses: Choose from several configurations, including 1 BHK, 2 BHK, and 3 BHK apartments, and independent houses.
• Furnished and Semi-Furnished Options: Properties come furnished and semi-furnished to meet different preferences.
• Amenities: Many homes offer features like 24-hour water and power supply, gas pipelines, furniture, and easy access to markets, hospitals, and educational centers.

Market Trends

Real estate demand in Shahibaug is growing with notable price changes every quarter. For instance, from Jan-Mar'24, rates per square foot climbed by 6%.

Historical trends show rises and falls, with a 9% increase in 2024, a 4% rise in 2023, and a 5% drop in 2022, pointing to a general upward trend in property prices.

Neighborhood and Localities

Shahibaug includes several sub-colonies such as Jain Colony, Gunvant Colony, and Arihant Nagar. Each has distinct property price ranges. Jain Colony, for example, ranges from Rs. 8,528 to Rs. 48,740 per square foot.

PropertyWala's Conclusion

Shahibaug in Ahmedabad proves attractive for both buyers and tenants. The prime location, wide range of property types, and rising real estate demand combined make it a strong choice. Providing affordable to luxury properties, it caters to a broad array of budgets. With its great access to essential services and steady market growth, Shahibaug attracts those seeking to invest or live in this vibrant and convenient part of Ahmedabad.