Explore the Latest New Project in Shela, Ahmedabad

Houssed April 10, 2024

6 min read

New Project in Shela Ahmedabad is a fast-growing neighborhood outside of the city of Ahmedabad, Gujarat. It is situated in the western portion of the district. It is praised for its quick development and energetic living area, and it is well-known for its contemporary facilities and diversified population.
Prominent neighborhoods including Bhopal, Ghuma, South Bhopal, Manipur, and Makarba round Shela, each adding to the distinct beauty of the area. Important thoroughfares such as Sardar Patel Ring Road and Sanand-Sarkhej Road make Shela more accessible and a desirable place to live by connecting it to a number of hospitals, schools, and retail centers.

Additionally, Shela is conveniently located near well-known tourist destinations including Sarkhej Roza, Adalaj Stepwell, and the famous Sanand Lake, giving locals and visitors many of options for leisure and cultural discovery.

Why Should You Invest in Shela?

Shela investing is an attractive proposition for a number of reasons. First off, Shela is a great place to invest because of its rising property values. Apartment rental values, on average, cost about Rs. 4,600 per square foot, indicating an annual price increase of about 5%. Property rental values have been steadily rising over the years. Prominent developments such as Shivalik Sharda Parkview 2, Ratna Turquoise-BLU, and Elenza Green Field provide some of the greatest yearly rental returns in the area.
In addition, the development of the region is actively supported by well-known developers including Sun Builders, HN Safal Builder, Goyal & Co, Swati Procon, Vishwanath Builders, and Kavisha Infrastructure. Their notable presence fosters trust by demonstrating a strong foundation and dependability in the community.

Price Trends in Shela

Here is the statistical data to understand the price trends in Shela, Ahmedabad:

Year	Price/Sq ft
2019	Rs. 3,600
2020	Rs. 3,300
2021	Rs. 3,800
2022	Rs. 4,300
2023	Rs. 4,600

Disclaimer: All the prices mentioned above are based on the data collected from different sources and do not reflect the actual price. The above-listed price may vary as per the developer, location, and amenities.

Top 5 Reasons to Invest in Shela

1: Awesome Connectivity

2: Amazing Infrastructure

The presence of esteemed educational institutions and healthcare facilities in and around Shela makes it an appealing choice for families and professionals, potentially driving the demand for housing.

Reputed Educational Institutes	Renowned Hospitals	Entertainment Venues
Shanti Asiatic School	Navkar Hospital	Havmor restaurant
Amiraj College of Engineering and Technology	Noble Hospital	McDonald\'s
Shanti Business School	Sahyog Hospital	Skyz Restaurant and Banquet
Shela Primary School	Om Medical Hospital	La Milano Pizzeria
Sir Padampat Singhania University	Tej Hospital	In-Garden Cafe

3: Thriving Commercial & Educational Hub

The development of commercial and business hubs nearby has led to increased job opportunities, drawing a workforce to Shela.

Commercial hubs situated at Thaltej, Bodakdev, Prahlad Nagar & Satellite are around 10 km from Shela.

Club 07 Road is a notable retail hub in Shela, offering various retail outlets.

The area houses corporate offices across several business parks like Pinnacle Business Park, Synergy Tower, Shapath V, Commerce House 5, Westgate Business Bay, Siddhi Vinayak Towers, Iscon Emporio, Mondeal Heights, and Mondeal Square.

4: Quality of Life

Shela has access to elements that improve the quality of life, such as parks, leisure centers, and a carefully designed urban setting.

• Sun City retail Mall (5 km), TRP Mall (6 km), and Amrapali Shopping Mall (6 km) are some of the surrounding retail centers.
• The existence of parks and green areas that are kept up, such as Butterfly Park, Senior Citizen Park, South Bhopal Park, and Sky City Central Park.