Overview of Shilaj, Ahmedabad

Shilaj lies in the western suburbs of Ahmedabad. It's a high-end residential area noted for top-notch infrastructure and great connectivity.

Where It's Located and How It's Connected

• Shilaj sits close to key places like Thaltej, Bopal, and Ambli. This makes it a well-linked neighborhood.
• It also connects quickly to major tech parks, business centers, and other key spots in Ahmedabad.

Property Types and Their Prices

Residential Properties

• Apartments: Go for Rs. 4,700 to Rs. 6,450 per square foot. The usual price is about Rs. 5,350 per square foot.
• Builder Floors: These range from Rs. 5,650 to Rs. 16,100 per square foot.
• Land: Rates are from Rs. 5,500 to Rs. 12,600 per square foot.

Price Trends

• Apartments: Last year, prices went up by 8.1%. We've seen a 27.4% hike in 3 years and a 33.8% increase in 5 years.
• Builder Floors: Prices have risen by 21.0% over the past year and jumped by 167.9% in 3 years.
• Land: Rates climbed by 108.7% last year and 288.4% in 5 years.

Rental Properties

• 2 BHK Flats: Monthly rent ranges from Rs. 18,050 to Rs. 28,249.
• 3 BHK Flats: Monthly rent is between Rs. 24,500 and ₹38,000. These flats often feature wardrobes, TVs, fridges, microwaves, and gas connections.
• 4 BHK Flats: Rent can hit up to ₹75,000 for semi-furnished flats with more space and additional amenities.

Great Amenities and Infrastructure

• There's excellent social and physical infrastructure in Shilaj, including easy access to markets, hospitals, schools, and shopping malls.
• The area has developed well-connected residential areas boasting villas and apartments, with basic amenities nearby.

Strong Investment Potential

• Shilaj has shown big property price rises, showing solid investment chances.
• Despite a 6.53% dip last year, yearly growth in property rates means now is a smart time for buying or selling properties in Shilaj.

PropertyWala's Final Thoughts

Shilaj, Ahmedabad, offers top-notch prospects for both buyers and renters, thanks to its prime residential setup, superb connections, and excellent infrastructure. It suits all budgets with diverse property types and prices. Historically, property values have risen, pointing to Shilaj as a favorable place for real estate investments. Of course, keep tabs on market trends and quick shifts. In a nutshell, Shilaj is a hot spot for anyone wanting a vibrant, full-of-amenities living or investment choice in Ahmedabad.