Shahibaug in Ahmedabad

Locality Insights

Shahibaug stands out as a key area in Ahmedabad. It’s noted for its central position and various amenities. This place is near many essentials such as the civil hospital and other significant landmarks. Hence, it's a favored spot for living.

Property Values

• Average Price per Square Foot: Generally, properties here range from ₹7,250 to ₹13,108 per square foot. Prices can dip down to ₹1,769 per square foot or spike up to ₹1 lakh per square foot.
• Price Spectrum: Flats see prices from ₹5,500 to ₹10,300 per square foot, with builder floor prices between ₹6,000 to ₹7,600 per square foot.

Real Estate on Offer

• Housing Options: Including a variety of 1, 2, and 3 BHK apartments, there are both ready-to-move and ongoing constructions.
• Other Choices: Independent houses and builder floors are available too, along with plot options for custom home designs.

Market Performance

• Quarterly Rates: Noticeable change is seen each quarter. Prices spiked up 3% from July to September 2024 and surged 9% from April to June 2024.
• Property Value Growth: Significant improvement in property values over years. A glance at figures: an 8.2% raise in one year, a 5.1% rise in three, a 9.8% increase in the last five, and a whopping 10.7% in the past decade.

Amenities and Conveniences

• Facilities: This region is equipped with strong infrastructure, being near hospitals, schools, and more critical facilities.
• Community Setups: You find societies and complexes here featuring well-maintained amenities like gardens, pools, puja rooms, and reserved parking areas.

Rental Rates

• Variety: Rental prices vary greatly. For instance, renting a 2 BHK flat may reach around ₹40,000 per month, while a 3 BHK flat could be around ₹25,000 per month.
• Setup Options: Flats come as furnished or unfurnished to suit different requirements.

Final Insights by PropertyWala

Shahibaug, located in Ahmedabad, makes a good choice for both buyers and renters. It showcases great connectivity, essential amenities, and consistent value growth. Always pay attention to recent price shifts for a better picture. Whether you are here for a ready-to-move-in apartment or a plot to build a home, Shahibaug has a versatile option for all budgets and wants.