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Ahmedabad
Delhi
Knowledge Centre
INSITE REPORTS

Quarterly residential real estate analysis of top 8 cities in India

Ahmedabad Real Estate Report Jan-Mar 2021: Market Analysis

33 Apr 16, 2021 Download Report

CONCLUDING REMARKS

The recovery of real estate in Ahmedabad depends on how efficiently the State is able to manage the rising concerns around the COVID-19 cases. While new launches are likely to remain muted due to meek market sentiment, property rates are expected to maintain status quo, except in the case of new projects where property costs are likely to increase up to 20 percent on the back of increasing cement prices. Also, the speculation around the rise in Jantri (circle) rates, next fiscal year onwards, is expected to impact land rates, redevelopment cost and registration load on the buyers. On the upside, State has allowed people not working in GIFT City to reside in the city. However, the relaxation is limited to the first 5,000 residential units. The move will bolster development in GIFT City and attract investments from developers far and wide.

NEW LAUNCHES

The data depicts share of new launches across metro cities in the studied quarter

 

 

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. 99acres does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
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