Several luxurious villa projects in Gujarat are being developed by leading real estate companies in recent times. This is somewhat surprising as Gujarat’s realty market was perceived as a little conservative earlier. However, demand for luxury and premium properties is currently at its peak in Gujarat. This is mainly due to unprecedented growth and economic progress in Gujarat. Additionally, many businessmen and professionals are moving to Gujarat from other states and desire nothing but the best personal residences. Many diamond traders and textile tycoons are snapping up premium real estate in the state and hence the demand for villas and bungalows. Additionally, Gujarat has always witnessed substantial NRI investment and this has also given a fillip to the demand for these premium properties. Growing purchasing power and affluence are helping individuals acquire their dream homes without having to opt for the most viable apartment or tenement.
There are several luxurious villas projects in Gujarat that are being offered by some of India’s biggest developers like Rajhans Realty. Rajhans Feriado is the upcoming luxurious villas projects by Rajhans Realty. Ahmedabad is a hotbed for finding these properties. This has recently been declared as a Mega City and has been attracting property buyers in droves. Several well designed bungalows are now being sold to buyers in prime locations of Ahmedabad and these usually come with premium amenities and other facilities for residents as well. One big reason for the overwhelming popularity of villas is that bungalow and villa purchase rates are very low in Gujarat as compared to other states of the country. Buying bungalows in Mumbai, Delhi or Bangalore is next to impossible for a majority of aspiring buyers but this ambition can be realized in Gujarat without breaking the bank! Lifestyles and aspirations are changing for the high net worth and upper middle classes alike and this is fuelling demand for these exclusive homes and bungalows. These investments are also considered as favorable owing to Gujarat’s current growth story and the development of multiplexes, industrial hubs, commercial complexes, malls and residential structures all over the state.
Basic infrastructure has improved hugely in Gujarat as well and this has led to greater demand for luxurious villa projects in Gujarat that are situated at prime locations. Gujarat also offers multiple attractive options to buyers and developers are more transparent and friendly in their dealings with customers here as compared to big brands in other states.
