Sector-23, Gandhinagar
About
Overview of Sector-23, Gandhinagar
Location and Connectivity
Gandhinagar's Sector-23 sits in a strategic spot, promising good connectivity to major urban areas. It forms part of a meticulously planned city boasting access to key facilities including roads. Upcoming projects like the metro and enhanced road expansions are expected to further elevate its connectivity to Ahmedabad and surrounding areas.
Property Prices and Trends
- The typical price for a square foot in Sector-23 is around Rs. 5,666.
- Apartment prices vary widely, from 20 lakhs to 50 lakhs per 2 BHK unit. There are also choices ranging between 50 lakhs and 75 lakhs.
- Despite overall stable market trends, detailed appreciation rates for Sector-23 aren't as clear compared to locales like Saragasan, Randesan, and Raysan.
Types of Properties Available
- In Sector-23, you can find numerous types of properties—apartments, flats, and independent houses.
- There are small ones like 1 BHK units and bigger ones that stretch up to 2 BHK and more.
Amenities and Quality of Life
- The area boasts Gandhinagar’s clean and green environment, charming for families and professionals alike.
- Nearby essential services, educational institutions, and upcoming commercial areas bolster living standards here.
Rental Market
- Those renting in Sector-23 will find multi-story apartment options with amenities like AC, fridge, sofa, and washing machine. Flats usually rent for around ₹22,000 per month.
Key Drivers of Real Estate Appreciation
- Infrastructure Development: Projects currently underway and planned, such as GIFT City's growth and enhanced connectivity, are projected to increase property values.
- Educational and Economic Opportunities: The existence of educational institutions and the expanding economic hub of GIFT City fuel demand for residential properties in this region.
PropertyWala's Conclusion
Sector-23 in Gandhinagar stands out as a good choice for both buyers and renters due to its strategic spot, variety of property options, and positive real estate trends in Gandhinagar. Despite the lack of specific appreciation rates for Sector-23, the larger trends here imply a strong long-term investment and decent rental returns. If you are hunting for combined connectivity, amenities, and potential property value growth, Sector-23 is indeed worth thinking about.
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Price Trends
- Locality ID
- A334040111