The city of Sanand at the Ahmedabad district of Gujarat is a well-known hub of automobiles. It is a satellite town ruled by the Vaghela dynasty in the past.
The city of Sanand at the Ahmedabad district of Gujarat is a well-known hub of automobiles. It is a satellite town ruled by the Vaghela dynasty in the past. The town is well famous for its heritage in music. The famous Hindustani musician late Maharaja Jaiwant Sinh Vaghela was from this royal family and he was the ‘Guru’ of Pandit Jasraj. Indians considering such strong musical culture are getting attracted to this town. Real estate investors are quickly capitalizing in this area for its potential to represent the strong culture of Gujarat and India. The city too has traditional Gurukul-like music institutes, attracting music students. Real estate builders should note.
Connectivity of Sanand
Sanand connects to the national highway, linking with Ahmedabad and Kutch. More due to further connection with another highway, it’s linked with the Golden Quadrilateral that connects it with major economic, industrial and cultural regions of India. The town also connects itself with a major operational and fast growing port. It is also close to the Dholera port and the international airport. Talks are in a progression that soon Sanad would feature air, ocean and road transportation nationally as well as internationally. For such outstanding geographical benefits, major national and international industries have set their base here. Due to upsurge in its population, real estate projects are in high demand in this area.
Industrial potential of Sanand
Sanand is one the industrial hubs of the country. Very recently the town has attracted billions of US investments from some of world’s largest companies. Due to this industrial upsurge, employment is being generated in this area. The real estate builders are coming to this area as the population is rising. For this reason, retail markets are also getting built here. Major markets are bringing in people from all around Gujarat. The government is taking major incentives of real estate builders and aiming for a major market center from industrial products is in production.
Recession to progression
Due to the great recession of 2008, Sanand’s real estate market faced a hit on the face. But as time passed by, the government took strategic methods to boost the real estate market. After the recession, farmers were not willing to sell their land. Even if they would, they’d sell at extremely high price. However, recently the farmers are selling their lands willingly at cheap rates as the economy now is rising in fast rate. The real estate builders are now buying land and building several kinds of apartments in the area, expecting a good return in the near future.
Conclusion for real estate builders and customers
Analyzing all above-mentioned factors, the conclusion is coming to the point that buying plots in Sanand will not be disappointing. Due to a major industrial upsurge and the growth of mega markets, the city is indeed pulling investors and customers. Many foreigners have even settled here, for work purposes. Major, industrial tycoons own a home in this area. Real estate builders are building apartments here that are reasonable in price feature all necessary amenities. For any middle-class income holder, buying an apartment here would be very beneficial.
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