Ahmedabad is the largest city in Gujarat. It is one of the top ten most major cities in India. The city is located on the bank of river Sabarmati. Ahmedabad is located very strategically close to Mumbai, which is also known as the commercial capital of India and is readily available to the Middle East and African markets. Properties in Ahmedabad are gaining a lot of attention by both investors and end-users.
Ahmedabad is a booming city and is the cultural capital of Gujarat. It is very well-connected to other important cities in the State and the country. As Ahmedabad is well-connected to other cities, it plays a very crucial role in the economy.
Ahmedabad is a vital center for trade and commercial activities in Western India. The workforce in the city is constituted of people from other parts of Gujarat and neighboring states.
The city of Ahmedabad has a well-established textile industry. Ahmedabad is home to several public and private sector companies as well as multinational firms. Several pharmaceutical, chemical and IT companies have made Ahmedabad their base. Other than these, the automobile, and oil and natural gas industries are also developing at a very rapid pace.
Ahmedabad is one of the front-runners to become an industrial powerhouse of India. The financial services, retail, and real estate industries are growing at a fast pace. Ahmedabad Properties will see a steep rise in the real estate market due to this reason. Other major contributors to the economy of the city are dairy, biotechnology, gems and jewelry, petrochemicals and engineering.
The city has some of India's best educational institutes that attract the best brains in the country. Thus, there is no paucity of skilled workforce in the city. In addition to this, many private and public sector banks have branches in the city. The city also provides world-class health care facilities to its residents.
The central portion of the town of Ahmedabad offers excellent investment opportunities to both big corporations and small business start-ups and entrepreneurs. The industries that are already well established in the city still have the potential for growth. Also, the cost of investing in Ahmedabad is much lower than other metropolitan cities.
The government of Gujarat is investing heavily in Ahmedabad Properties to improve the overall infrastructure of the city. Millions of rupees have been spent to provide potable water and a steady electricity supply to the city. Other development plans for the city have contributed to improved roadway networks and telecommunication. An agency known as the Gujarat Development Board looks after infrastructure development of the city and the State.
The Gujarat government has announced some policies and incentives to attract investors in the city of Ahmedabad. The administrative set up of Gujarat is proactive and takes various initiatives from time to time. The process of investment in the city has been made very transparent and easy.
Gujarat Government has taken initiatives as the city is now witnessing a constant stream of investors. The rate at which Ahmedabad is growing, it will become one of the most preferred destinations for investors from all over the world very soon.