From being a satellite town to a thriving residential hotspot, Bopal in Ahmedabad has gained much appreciation amongst the home buyers due to fast pace infrastructural development. The region which was once a sleepy town, today boasts the presence of residential apartments, villas, independent homes and plots.
Take a look at other factors that makes Bopal, a flourishing residential locality in Ahmedabad:
Location and Connectivity
Situated on the Sardar Patel Ring Road or popularly known as SP ring road, Bopal enjoys smooth connectivity to other important areas of the city like Sabarmati, Motera and Vastral Gram. The area is also well-connected to the leading employments hubs such as Sanad, Prahlad Nagar, etc.
The locality also has thriving connectivity via the BRTS route that connects it to the last-mile areas like Ghuma.
Apart from this, the state government has also approved a metro station which is currently under construction and is just 5 km away from Bopal. It is scheduled to open by 2020.
Also read : Gota – An Emerging Realty Hotspot in Ahmedabad
Social and Civic Infrastructure
In the last 5-7 years, Bopal has undergone a major transformation in terms of infrastructure. Development works like drinking water facility, drainage, and waste management system has been completed at a fast pace.
Besides this, the locality is also home to many leading educational institutions like Delhi Public School, Shivashish School, New Tulip International School; colleges like Ahmedabad Homeopathic Medical College, Ahmedabad Physiotherapy College and Khyati Foundation; banks and hospitals.
Apart from this, a well-developed Community Health Center (CHC), state-of-the-art heart center and some of the famous tourist hotspots like Bopal lake, Ghuma Lake, and Umiya Mata Temple are also present in the locality.
Real Estate Market of Bopal
Due to the presence of employment hubs, Bopal attracts lots of professionals, company executives and senior management employees to purchase property here. From, last few years, many leading developers have entered this locality to develop apartments and hi-end villas for the prospects.
The southern part of Bopal also popularly known as SOBO (South Bopal) has emerged as one of the most loved residential areas. The main reason behind this is the development of a 6,235 sq. km of the park for the neighbouring residents that include special features like seating arrangements for senior citizens, gazebos, a walkway for fitness enthusiasts, and a basketball and volleyball court.
Some of the leading developers present in this region are Signature, Pacifica, Prakruti builders, JP Iscon, etc. Popular ready-to-move-in projects in Bopal are Prakruti Bungalows, JP Iscon Platinum, Silver strokes apartment, Goyal Akash Residency, etc.
Property Price and Trends
The current property price in Bopal is Rs 3377 per sqft. One can easily find a 1, 2 and 3 BHK units are budget-friendly rates. For instance, a 1 BHK starts from Rs 17 lakhs onwards, while a 2 and 3 BHK starts from 29 lakhs and 45 lakhs respectively. A well-designed villa falls in the range of Rs 70 lakhs.
Bopal has seen a Y-o-Y increase of around 2.5%-4%. Apart from this, many commercial developments in the locality have also increased the property rates which according to experts will push up further in years to come.