The Growing Demand For Warehousing And Industrial Real Estate In Ahmedabad

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The Growing Demand For Warehousing And Industrial
Real Estate In Ahmedabad

• Ahmedabad, the largest city of Gujarat, is a
  highly potent and emerging industrial as well as
  commercial hub. Its conducive environment
  provides the perfect conditions for businesses
  and industries to flourish. Apart from this, the
  city has also been a centre for the
  pharmaceutical, chemical and textile industries.
• As a result of its prime location and dynamic
  development in the city, there is a boom in the
  real estate industry. With its strategic location
  and robust infrastructure the demand for
  warehousing and industrial real estate in
  Ahmedabad has risen.
• Ahmedabads excellent connectivity and favourable
  business environment attract many manufacturing
  and logistic companies leading to the building of
  industrial parks and logistics hubs. The rise of
  manufacturing companies is directly proportional
  to the rise in demand for warehouses to store the
  yield. Similarly, the influx of industries calls
  for the setting up industrial real estate
  infrastructure in the city.
• The key factors driving the growth of Ahmedabads
  warehousing and industrial real estate market are
  as follows
• Strategic location
• Situated in western Gujarat, the citys prime
  location makes it an attraction for businesses
  and industries. Its smooth connectivity across
  road, rail and air makes it an ideal logistics
  and distribution centre. The presence of the
  Dedicated Freight Corridor and the
  Ahmedabad-Mumbai Industrial Corridor further
  enhances the citys connectivity and
  accessibility.
• Flourishing manufacturing sector
• Ahmedabads manufacturing sector encompasses
  various industries including textiles,
  pharmaceuticals, chemicals, engineering, and
  automobile components. Fostered by the diverse
  skill force of the city, ithas led to the demand
  for industrial real estate infrastructure. The
  city is also considered a potential base for many
  start-ups falling under the Made in India
  motive.

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• Favourable Business Environment
• Diverse categories of men and women workforces,
  improving infrastructure and extremely good
  connectivity favour a healthy business
  environment. Catering to the domestic and
  international fronts, the ease of running
  business, investor-friendly policies, and
  availability of incentives or subsidies is also a
  major cause of this demand. The GIDC also work
  year-round to ensure favourable business
  environments.
• Growth of E-commerce and Logistics
• The exponential rise in the e-commerce market
  demands quick and reliable logistic assistance.
  This in turn can be fuelled with the correct
  infrastructure such as the warehouses located
  near the urban centers or prime areas of the
  city. Ahmedabads proximity to major markets and
  excellent transportation links make it an
  attractive choice for fulfilling these
  requirements.
• Infrastructure development
• The city is home to modern industrial parks,
  special economic zones, and integrated logistics
  parks furnished with state-of-the-art facilities.
  The availability of ample land, both for rent and
  purchase, caters to the needs of business owners.
• Cost Advantage
• In comparison to the other metropolitan cities,
  the cost of living, land price, and labour are
  less. This, along with the availability of a
  skilled/organised workforce at competitive wages,
  fuels up the demand for warehouse and industrial
  real estate infrastructure.
• The growing demand for warehousing and industrial
  real estate in Ahmedabad reflects the citys
  emergence as a dynamic business destination. Its
  strategic location, flourishing manufacturing
  sector, favourable business environment,
  infrastructure development, and cost advantages
  have presented Ahmedabad as a preferred choice
  for businesses seeking to expand or establish
  their operations. As the city continues to
  attract investments and witness robust economic
  growth, the demand for industrial real estate is
  expected to soar, contributing to Ahmedabads
  development as a thriving industrial and
  logistics hub.
• Source https//goyalco.com/the-growing-demand-for
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