Luxury Living: The High-end Demand for Luxury Homes In Ahmedabad
- realestatepundits
- Apr 1, 2024
- 2 min read
Updated: Apr 2, 2024
In recent years, luxury homes have emerged as a preference for home buyers in Ahmedabad, India. With a fast-growing economy, high disposable income and luxury amenities, luxury accommodation offers a luxurious and exclusive lifestyle experience.
There are more than 30 upcoming luxurious projects in the bandwidth of Iskon-Ambli road. Which is also the first preference of luxury home buyers. Starting from 3,000 sq. ft. and going upto 10,000 sq. ft..
More than 7,000 units has been added in the segment of luxury estate in the last 2 year and more then 50% of it is already sold out.
Ahmedabad has witnessed a surge in demand for luxury accommodation in recent years. There are several reasons why luxury accommodation has become the preference of home buyers in Ahmedabad: -
A luxurious home in a premium location feels nothing less than a notch in the belt. Buying a luxury house contributes to a higher standard of living, translating into a status symbol. A premium property means you have achieved something huge in life and that is why people invest in or buy more luxurious homes. Some of the premium locations they look at are Rajpath rangoli road, Sindhu bhavan road and Iskcon ambli road. The range of a luxurious apartments in these areas starts anywhere from INR 3CR. and goes up to INR 15CR.
New Launches
The data depicts share of new launches across metro cities in the studied quarter
In conclusion, luxury housing in Ahmedabad is a preferred choice for home buyers due to its superior quality, luxurious amenities and facilities, and location advantages. The increasing demand for high-end homes in the city is driving the growth of the luxury real estate market, providing buyers with a wide range of options to choose from. While luxury housing comes at a premium price, the benefits, and conveniences it offers make it a worthwhile investment. In short, luxury housing in Ahmedabad is a trend that is here to stay and will continue to be a popular choice for discerning home buyers in the future.