Project In Focus: Adani Elysium, Ahmedabad
The micro-market Near Vaishno Devi Circle on SG Highway is a highly desirable residential destination in Ahmedabad. Owing to commercial hubs nearby, the locality has been a favourite among leading developers and has seen good demand for affordable as well as luxury properties in the recent years. If you are also planning to invest in the locality, renowned developer Adani Realty has launched a project named Adani Elysium as part of its 600-acre integrated township in the suburb. PropGuide updates you with all the details of the property:
About the property
Adani Elysium is an expansive gated housing complex covering 20 acres on the SG Highway, a busy suburb of Ahmedabad. It features highrise towers of G+17 storeys with 400 apartments of 2 and 2.5BHK layouts sized between 703 sqft and 882 sqft. Launched in 2014, the project is one of the six residential projects nestled within the mega township called Shantigram and is ready for possession since November 2017. Flanked by landscaped greenery, the residences are three-sides open with contemporary finishes. A host of lifestyle amenities within the township is available for the residents which entails:
*A rainwater harvesting system
*A nine-hole golf course
*A stormwater management system
*A swimming pool
*A children's play area
*A multipurpose room
*A power backup provision
*A car parking area
*Shops for daily needs
A part of the Adani Group with six years of industry experience, Adani Realty, has successfully delivered residential, commercial and social club projects across cities like Ahmedabad, Mumbai, Gurgaon and Kochi, with an area spanning over 69 million sq ft. It has won prestigious awards for developing iconic projects and valuable contributions in the real estate industry. 'The Meadows', also a project in Shantigram bagged the 12th award, for 'Best Residential Project' in Mid-Luxury segment at CNBC Awaaz, 11th Real Estate Awards 2016-2017.
The township is well planned with wide arterial roads, a shoppers' plaza and 80 per cent open space. Near Vaishno Devi circle on SG highway is a popular residential area which is well connected to key destinations of the city such as Chandkheda, Motera and Santej. Prestigious educational institutions and offices in the vicinity have kept demand for homes here at a steady rate.
Infrastructure and connectivity
Strategically nestled on SG Highway connecting Ahmedabad and Gandhinagar, the locality is a well-established residential location having around 30 upcoming residential projects. There are many engineering colleges and management institutes in proximity along with primary schools, healthcare centres, bank branches, restaurants, supermarkets, etc. which cater to the infrastructural needs of the residents. The mega township also has one of the country's largest private social clubs.
The Sardar Vallabhbhai Patel International Airport is just 15 kilometres from the area while road transportation is provided by buses, autos and taxis. A proposed road-widening project worth Rs 750 crore involving the construction of flyovers in the suburb is set to improve connectivity in future.
Average price in the area
Apartments in the area have an average capital value of Rs 3,500 sq ft. The 1BHK homes are available at a price of Rs 28 lakh for unit sizes of 680 sq ft.Spacious 2BHK apartments of unit sizes of 1,000 sq ft are priced at Rs 40 lakh. Apartments of 3BHK layouts are priced at Rs 50 lakh for unit sizes of 1,500 sq ft.
The SG Highway is also a coveted destination among non-resident Indian (NRI) investors. Adani Elysium is ideal for investment purposes as the residential properties on the SG Highway promise better rate of returns. The project offers families a contemporary lifestyle, that too at an incredibly pocket-friendly price and is an ideal option for those looking for immediate possession.