Thursday, 26 November 2015

Chhani emerges out as the luxurious residential destination

Summary
Chhani Jakat Naka is main entrance to Vadodara City. Earlier there were Jakat Naka Office the Baroda Municipal Corporation were earning huge amount of "Jakat" Tax from this office. After implementation of the Value Added Tax in Gujarat, this office is been closed. 
Channi - Vadodara, the city of culture and socio-economic developments is also one of best cities to live in Gujarat. The city has got good infrastructure, transportation facilities, educational resources and plenty of employment opportunities too with so many national and multi-national companies being located here. This is the reason for properties to arise in Chhani. There are various kinds of residential properties available for investment today. Out of all the premium apartments seem to be the hot properties in Vadodara & Chhani because of their affordability and the high-end features in which they are available now-a-days. 
Premium Apartments in Channi falls in two broad categories – high rise apartments and low rise apartments. The high rise apartments are the tall buildings which having number of storey’s as compared to the low rise apartments which usually are confined to two or maximum of three storey’s. Presently the trend of high-rise apartments is slowly shifting towards low rise apartments in Channi.
Low rise apartments in Channi come in various formats. There are 2 BHK, 3BHK, 4 BHK and 5 BHK premium apartments in Channi available in low rise formats. At present the 2 BHK low rise apartments are catching trend in Channi- Vadodara real estate. They are much cost effective and offer comfortable lifestyle to the residents with more independent space as compared to the high rise apartments.
The 2 BHK low rise premium apartments in Channi are a perfect choice for families looking for privacy as well as hassle free living. These are a kind of walk-up apartments which do not require any elevators. The maintenance is less and also easy with low rise apartments and therefore living in low rise apartments will be much affordable than the high rise ones. Low rise means low risk in fire & earthquake and better exit in the cases of natural calamities. Therefore low-rise apartment homes tend to be much safer and less claustrophobic options of comfortable living places involving lower maintenance costs.
The property developers in Channi who have now recognized this demand of low rise apartments are leaving no stone unturned to offer the luxurious premium apartment homes in low rise formats to the Channi people. As a result today low rise apartments in Channi are now available in best of the formats and with almost same kind of facilities as in high-rise apartments.
Alchemy India is one such property developer offering luxurious premium apartments in Channi to cater to the ever increasing demand of individual families. The Samsara luxury apartments project of Alchemy India is one such example of township in Channi containing lavish and modern style apartments equipped with most advanced facilities and amenities like extensive swimming pool, splash pool, state-of-the-art gymnasium, meditation hall, home theatre, indoor and outdoor gaming courts, cafeteria, cards room, library, large open landscape areas, Thai gardens,Thai style club houses etc. Located far from hustle-bustle of the city at Channi-Nizampuria area, these are the state-of-art residential premium apartments designed to offer luxurious and healthy living to the inhabitants.

Although considered as an affordable housing destination, looks like Channi is slowly catching up with the cities offering premium apartments to the elite of the society. 

How Vadodara trends into a blend of Affordable & luxurious housing?

Summary
2015 is another golden year for Gujarat. The state continues to top in the list of Business confidence Index and industrial output among all the 29 states of India. The Vibrant Gujarat summit held in the month of January 2015, added more vibrancy to the Real-estate developers in developing luxury residential apartments as companies and partner countries commit to large scale investments in the state.
Vadodara is another city which is going to take advantage of this growth momentum. The city is 140 kms from Gandhinagar and is the 3rd largest city after Ahmadabad and Surat. Vadodara is a major hub for cotton textiles, chemicals, machines tools and pharmaceuticals. With the latest developments in terms of growth, industrial corridors the city’s residential apartment hunger has once again piqued the interest of NRIs and Indian residents alike.
The city is mainly an end user market and not speculative in nature, which generally happens in Tier-I cities like Mumbai and Delhi. The main locales of interest are Waghodia Road, Gotri and Vadodara-Halol Expressway and VasnaBhayli.
The real estate market in the city is showing signs of a pickup with a growing number of investors looking for plots in Vadodara. It is also known as a pensioners’ city because a large number of non resident Indians come back to this place.
Vadodara is an arch type tier II city where the prices of houses have been holding. The main reason for it, is this city is mainly an end user market not a speculative one like the bigger cities.
The industry and commerce sector is shifting to the outskirts of the city so the main focus for developments are now on the outskirts. The lower cost of land on the fringes of the city could be the main reason for this move. Real Estate developers in Vadodara plan to offer a better choice, which would make an improvement on the quality of life of the home buyer. There is also a lot of interest shown for luxurious apartments in Vadodara.  
Also the rental returns seem to be a safe and stable investment proposition. It not only guarantees a regular secondary income but also gives a satisfaction of owning a property at economical rates. The current market scenario in Vadodara is an open invitation to those looking for some steady rental income without burning a hole in their pockets.
To invest in luxurious apartments in Vadodara is the latest trend catching up in the real estate sector. At this point of development stage, this city offers luxury apartments with modern amenities. The main advantage of buying a luxurious apartment in Vadodara is that they come at a mid-range cost neither high nor too low.
Many giant real estate firms plan to develop luxurious gated community apartments in Vadodara which provide safe & secure amenities to their customers. Due to the huge industrial developments happening, it’s always a good decision to invest in luxurious apartments in Vadodara at this point of time. It’s because of these reasons many retired citizens and non residents of India are portraying their interest to invest in luxurious apartments in Vadodara.

Although considered as an affordable housing destination, looks like Vadodara is slowly catching up with the cities offering luxurious apartments to the elite of the society.