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Figure 17 –Micro-market Split of New Sales in H1 2021 and H1 2022
The western region of Ahmedabad Municipal Corporation (AMC) is growing faster than the eastern region. This is due to the city's population saturation.Afterthe1980s,regionssuchasSatellite, Vastrapur, Jodhpur, Gurukul, and others began to growasresidentialneighborhoods.Duringthistime, residential construction was mostly comprised of individual plotting plans, bungalows, and a few apartmentprojects.Thecity'sbusinessgrowthhas notbeenconcentratedinasingleregiondesignated as CBD over the years. Commercial growth has primarilyoccurred alongmajorthoroughfaressuch as Ashram Road and C.G. Road. Prahaladnagar, which is ideally placed near the S.G Highway and renowned residential neighborhoods like as Bodakdev, Thaltej, Satellite, Chandkheda-Motera, and forthcoming residential neighborhoods, has become a new commercial development hotspot. The construction of the Sardar Patel Outer Ring Road,theMetroRailProject,andnewtownplanning initiativesaretransformingthecity'sresidentialand commercialrealestate.
Figure 13 –Development Pattern of Ahmedabad City Source. Google Map, Author’s Interpretation
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Thecitycanbedividedinto7majormicromarkets covering the city and suburbs based on the characteristicsofthearea.Theeasterncentralpart of the city has traditional type of settlement and comprises the walled city area. The belt from NarodatoNarolisemergingprimarilyasresidential belt, especially around SP Ring Road. Westernpart (CBD) started developing as residential areas for the middleand higher middle-income groups after the construction of the bridges across the river Sabarmati. Typology of residential development in western part of Ahmedabad is mainly low-rise residential apartment complexes, independent bungalows and row houses. The area beyond SP Ring Road, Western Suburb, has two upcoming townships. Northern suburb has seen upsurge in last three to five years' time with Chandkhedaand Moteratakinglead.Thesouthernsuburbisnascent marketwithhousesinlowerticketsizecategory.
Figure 14 –Distribution of Major Markets of the City Source. Google Map; Development Plan Studio, S2022, CEPT University; Author’s Interpretation
Western Central&CBD
CG Road, Ashram Road, Naranpura, Prahladnagar, Bodakdev, Satellite, Vastrapur,Vejalpur,Paldi Saturated • Themostvibrantmarketasofnow. • Residentialsegmentconsistsofbungalows,rowhouses, low-riseandhigh-riseapartments. • Retailsegmentconsistsofmallsandhigh-streetretail. • Commercialsegmentconsistsofgovernmentaswellas privateoffices.
EasternCentral Maninagar, Shahibaug, Kalupur, Saraspur, Kankaria, Dudeshwar Saturated • Theoldestsettlementofthecity. • Therealestatedevelopmenthassaturatedinthisarea. • New developments are mainly seen WRT the redevelopmentoftheoldstructuresonly.
