Rich Peoples’ New Ahmedabad:A Funky Video & Hard Truth
Ahmedabad, DeshGujarat
GIHED is an organization of builders(builders in Ahmedabad like people to say them Developers) in Ahmedabad. GIHED has become well-known in recent years, thanks to new trend of aggressive property related reporting in local newspapers, especially Times of India on the front page and Divya Bhaskar on it’s paid supplement page.
In Ahmedabad, GIHED organizes annual property shows on a large scale. The video above(in two parts here) was created on the occasion of GIHED’s 2008 property mega show. Major part of this video features new Ahmedabad that has emerged in mainly last one decade on the western side of Sabarmati river.
This Video shows a developed Ahmedabad, but hello hello !! Can we also go beyond the “make up” of this city to unmask a real face ? the fact is that, we can depict this Ahmedabad as just rich peoples’ Ahmedabad. It is a hard fact that the way new Ahmedabad has developed, it makes it a city only for rich peoples. In new Ahmedabad there is no place for a middle class or poor family because they can not afford it.
Visiting GIHED’s property fair 2008 was painful for most of the visitors belonging to middle class because almost all schemes that builders offered in this show were in the range of 5-6-8 millions to 20-30 millions Rs.
Ask for a bungalow on Science city road(that is far far away from Railway station or airport) and know that it’s cost is 15 to 20 million bucks, ask for a 3bhk flat and you get shocked to hear it’s price at 6.8 million bucks in Prahaladnagar area near S.G. highway. Any 2BHK(2 bedroom, hall, kitchen) flat in western side of Ahmedabad does not cost less than 1.5 million to 2.0 million. This has become a starting price for such an apartment. Even Chandkheda area now charges 1.6 million bucks for 2bhk flat.
Last scheme of lower price in Ahmedabad announced and implemented was Bakeri’s Shrinandnagar scheme decade back in Vejalpur area. This scheme offered low cost flats(of 2.5 lakhs 1bhk) because it’s location was at ‘Vejalpur-Juhapura border’ of Hindu-Muslim area. However once Hindus started residing there in a considerably well figure, it’s prices have also escalate then after.
So 2 crore bungalow and 3 crore bungalow with swimming pool, security, garden or golf course is not a news. Not at all now anymore(Times of India people should please skip such news). Ahmedabad is actually desperately waiting for not next Rolls Royals or Merc but a “NANO” of property market. Some affordable scheme at reasonable location in the city for common man. Some Tatas in Ahmedabad’s property market are urgently needed. GIHED people, are you listening?
February 24th, 2008 at 8:23 pm
I think you should let the market forces work rather than freaking out like this. Why should TOI skip such ads? Arent all other companies advertising their products and services with much of funfare, then why not let builders try their best to sell product at best available price in market? I understand your concern for lower and middle class but trust me, market will definately come to their rescue as soon as they become critical mass. Best example is the way NANO came. I think you should get more understanding of how free market economy works. We are no more nehruvian socialist economy which never worked, we are now dynamic, growing and free economy.
February 25th, 2008 at 1:15 am
**Message to the Lion of Gujarat “Narendrabhai Modi “ – Chief Minister, Gujarat State**
Respected Narendrabhai Modi – Chef Minister of Gujarat,
Glad to see the videos of Ahmadabad, its seems that Ahmadabad, Gujarat will be the superpower of world instead of India, and we are very lucky that we have chief minister like you, we proud of you Sir here in the United States.
February 25th, 2008 at 3:21 am
-If there are no affordable houses for middle class in the city then middle class will have t o survive on rented accommodation. This cut their income and spending power. Middle class comprise greater part of our society in Gujarat.
-Higher housing property prices means more income for builders and less opportunity for middle class buyers.
-Middle class is an important work force that fuels most of the industry and offices performance. If middle class is in continuous tension over getting a suitable house. This affect his work and so as society. Happiness of middle class is completely necessary.
-More Ahmedabad grows horizontally more transportation will be needed because people will have to move horizontally for their needs and jobs. This will add to the traffic in Ahmedabad which has already become a problem. So for making Ahmedabad livable and not making it Mumbai, one has to check current style of growth.
-China had to go for massive reconstruction because old plans were done without proper planning. Ahmedabad should learn from China and should not grow in unplanned style.
-In Ahmedabad the most unfortunate arena is that even in surrounding parts of city like ring rod or bopal or Chandkheda, prices are shooting. Usually more you go far from the city, prices goes down.
-The best option for a person who wants to buy an affordable house is to go to the area like Khadia that is in eastern Ahmedabad. But then remember the fact that any emerging middle class person would not choose this option because Khadiya is an old pol locality and it falls in muslim areas around. No good school at this side of Ahmedabad. I think east Ahmedabad needs a good school.
-When we see the buyers buying property of 68 lakh or 80 lakh or 2 karod we can not understand how come Ahmedabad has got so much money? But the fact is that there are non Gujaratis who settle in Gujarat, Surtis and NRI people who invest in Ahmedabad, such people are growing.
-There is no land in core part of Ahmedabad city now. So land prices are continuously shooting in and around city. If builder buy a land at high price, he has to sell the flat in high price. Therefore builders build flat system for higher class people at high rate. This has become a vicious circle.
February 25th, 2008 at 3:55 am
It’s a story of every city nowadays worldwide. People spend half of their life for making a dream home in cities.
February 25th, 2008 at 12:04 pm
ucha bhav ne karane shaherikaran ghatse e saru che
February 25th, 2008 at 3:40 pm
Hi Friends,
What i know from above artical is the price of new propery is skyrocketing. But we have to remember the old schemes are still remained in the affordable range to the middleclass people. I am not saying price is not increased for old property but still in the affordable range.
New culture and NRI ppl buying a new property because getting the paperwork and loan is pretty easy and less time consuming. So if you are a real investor look for good old property i bet you would get it in 30-40% less price.
February 25th, 2008 at 4:14 pm
WHAT GUJARAT NEED????????
1) ALL PORT CONNECTIVITY WITH RAILWAY. 5 DAYS SIT IN TRAIN AND U VISIT ROUND ALL GUJARAT THAT FACILITIES. AIRPORT CONNECTIVITY WITH RAILWAYS AND BUS SERVICE.
2) GUJARAT TOURISM CHANNEL, GUJARAT TOURISM MEGAZINE, MAXIMUM TRAVEL OPERATOR IN GUJARAT.
3) BULLET TRAIN CONNECTIVITY 3HOUR MUMBAI AND DELHI. DAILY BULLET TRAIN ROUTE.
4) MAKING ALL AGRI UNIVERSITY CONNECTED WITH ISRAEL AGRO UNI. AND USA AGRI UNIVERSITY. AGRO MALL, AGRO PARK, AGRO INDUSTRIAL AREA.
5) ALL WORLD BIG COUNTRY CONNECTIVITY. TOKYO, USA, JAPAN, RUSSIA , BURMA, IRAN, TURKEY, KOREA, PAKISTAN, AFGANISTAN.
February 26th, 2008 at 2:12 am
કદાચ આ જ કારણથી નરેન્દ્ર મોદી ગાયહેડના પ્રોપર્ટી શોમાં ઉદઘાટન માટે ગયા ન હતા. નરેન્દ્ર મોદી આવવાના છે એ જાહેર થયું હતુ ઈન્વીટેશન કાર્ડમાં. ગાયહેડના પ્રોપર્ટી શોમાં હું પણ ગયો હતો અને મારા ટાંટિયા ઢીલા થઈ ગયા હતા. એક પછી એક સ્ટોલ પર કરોડ બે કરોડને આંબતા ઘરોના ભાવ જોઈને મને તો લાગતુ હતુ કે હું અત્યંત ગરીબ છું અને આ એક્ઝીબીશન મારી મજાક કરવા બનાવ્યુ છે. મધ્યમ વર્ગના જે લોકો સ્ટોલ પર મકાનના ભાવ પૂછતા હતા એ લોકો તુરંત લઘુતાગ્રંથિમાં સપડાઈ જતા હતા.
ડેવલપમેન્ટનું આ મોડેલ સારુ નથી. અમદાવાદ સારામાં સારુ એટલા માટે છે કે વીસ જ મિનીટમાં ક્યાંય પણ પહોંચી શકાય છે. વધુ ને વધુ ડીસેન્ટ્રલાઈઝડ થતુ વિસ્તરતુ અમદાવાદ, મોઘા મોંઘા મકાનો અને ગોલ્ફકોર્સને બે કરોડના સ્વીમીંગ પુલ સાથેના બંગલા એ જો ડેવલોપમેન્ટ હોય તો ધૂળમાં પડે આવું ડેવલપમેન્ટ. આવા ઘરો કેટલીક સંખ્યામાં હોય તો બરાબર છે પણ એ જ જો જનરલાઈઝડ ટ્રેન્ડ બની જાય તો શું કરવું પછી મધ્યમ વર્ગે?
અમદાવાદના ખૌધરા બિલ્ડરો જાત જાતના પ્રયત્નો કરે છે કે જેથી પ્રોપર્ટીના ભાવ વધે. ટાઈમ્સ ઓફ ઈન્ડિયામાં નિયમિત એવા રિપોર્ટીંગ આવે છે કે જેથી પ્રોપર્ટીના ભાવ વધે. આ એક ષડયંત્ર છે પત્રકારો અને બિલ્ડરોની સાંઠગાંઠનું. અમદાવાદ મુંબઈ જેવુ ન જીવી શકાય અથવા જીવવા માટે અઘરૂ બની જાય એવું શહેર ન બને તો સારું. અત્યારે તો બહુ બગડ્યુ નથી.
February 26th, 2008 at 2:35 am
Gujarat’s most of the influential politicians are having their land and schemes around New Ahmedabad. They own their lands by fake names and schemes with dummy partners.
Between S.G. Highway and Ring road politicians and babus are having their land that they bought judging property price rise in future.
Anandiben Patel’s son Sanjay, Surendra Patel(former Auda chief), Babubhai Jamnadas Patel(MLA Daskroi), Amit Shah(Home Minister), Vajubhai Vala(finance minister), Ahok Bhatt(speaker) etc. these are some major players who are having unbelievable land around Ahmedabad and they want property prices to shoot more and more.
February 26th, 2008 at 2:23 pm
This will give rise to new large suburbs and towns developing around A’bad, where people from the middle class might prefer to move away. Check out the present state of Dubai. Many of those who contributed to its awesome growth can not live there. They have to daily travel up to 3 hours from the places like Sharjah to make it to their work places.
February 27th, 2008 at 5:18 pm
Mumbai has become impossible city. I wish Ahmedabad will not become such. I back the idea presented in the article above that NANO is needed in Ahmedabad real estate market.
June 16th, 2008 at 12:11 pm
This seems to be real good news to people who want to invest in real estate in ahmedabad and especially bungalow schemes in ahmedabad
June 17th, 2008 at 1:49 am
Gujarat is booming at an exponential pace -such an overnight boom in most cases is backed by politicians interest and demand that might not last long. Not sure how economical minded Ahmedawadis can currently afford 3 to 5 crores buglows! it sure seems to be a trend that might not last for ever, middle class are truly squashed. We are close to experiencing the ill effects of urbanization – how is this considered to be a development when it is only helping rich and wealthies – this is loopsided development will sure enought increase the gap between rich and poor!!