Rise of urban luxury

Shekhar Patel, MD and CEO, Ganesh Housing Limited, discusses Ahmedabad’s rise as a luxury real estate hub

- 

What are the latest trends in India’s real estate market in western regions like Ahmedabad? Ahmedabad is clearly emerging as one of the most important growth markets in the western region. Its strategic location, growing infrastructure, and supportive government policies are creating the right environment for both residential and commercial growth. We are witnessing rising demand for larger homes, gated communities, and premium formats, alongside increasing interest in mixed-use and sustainable developments, which are becoming defining trends across the western region. In line with this trajectory, we have initiated developments such as Million Minds Tech City, which reflects the city’s potential to evolve into a hub for corporates, technology, and integrated urban living. While the western region as a whole is seeing a shift toward integrated, mixed-use, and sustainable projects, Ahmedabad stands apart as the market where infrastructure, policy, and long-term opportunity are coming together most strongly.

How is the market progress in Ahmedabad and other markets in Gujarat?