The city of Ahmedabad, now the seventh largest metropolis in India and the largest in the state of Gujarat, was founded in 1411 AD as a walled city on the eastern bank of the river Sabarmati. The development of residential townships, malls, office spaces and flyovers are some of the growth stimulators changing the cityscape of Ahmedabad. Maximum activity in terms of planned residential, commercial and retail development can be witnessed in this western micro market of Ahmedabad. Residential real estate of Ahmedabad is dominated by private players and the market is also heavily driven by an active investor base, with most of the participants plowing capital market profits into the real estate markets.
