Overview of Shyamal, Ahmedabad

Location and General Information

Shyamal, located in Ahmedabad, Gujarat, India, stands out with its well-developed and prime infrastructure. It's in a desirable area, making it attractive for both buyers and renters.

Property Prices and Trends

Price Range

• Prices for properties start at about ₹4,000 per sqft, with the average price hitting ₹7,116 per sqft.
• On Shyamal Cross Road, specific properties have starting prices around ₹62.00 lacs and the average price reaching ₹3.39 crore, with the highest listed property costing ₹9.10 crore.

Price Trends

• A drop of 12.36% in property rates occurred in Shyamal over the past year, signaling a decline in the market.
• However, Shyamal Cross Road has seen a growing trend in the last half-year.

Types of Properties Available

Residential Properties

• You'll find various types of homes like apartments, villas, and independent houses.
• Options range from 1 BHK to 4 BHK apartments, plus under-construction and ready-to-move choices.

Commercial Properties

• Commercial spaces here include office spaces, shops, and warehouses.
• Furnished office spaces are available, fitting for businesses in IT, software, MNCs, and pharmaceutical firms.

Rental Market

Rental Prices

• Residential rentals start at about ₹14,000 per month for a 1 RK builder floor.
• Office spaces and commercial rentals range from ₹11,090 to ₹99,900 per month.

Rental Options

• You can find furnished and semi-furnished rentals like apartments, houses, and luxury builder floors.

Infrastructure and Amenities

Shyamal boasts safe, well-maintained areas with amenities like main road-facing homes, parking, outdoor seating, and cafes. It's near essential services and conveniences, making it perfect for living and working.

PropertyWala's Conclusion

Shyamal, Ahmedabad offers a blend of residential and commercial properties, ideal for buyers and renters. With properties spanning various price ranges from budget-friendly to luxurious, the locality supports a comfortable lifestyle. Investors should weigh the downward trend in broader Shyamal property rates against the upward trend in specific areas like Shyamal Cross Road. Overall, Shyamal remains a promising area for real estate investment and living.