1. CityProfile City Profile Ahmedabad Withbestcomplimentsfrom
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5eConsulting. Hyderabad|Mumbai|Delhi|Ahmedabad|Kolkata
2. HO&RegisteredOffice Hyderabad Contact Mr.Raghuram
AVG,102A,SriDattasai CommercialComplex,Opp.Saptagiri
Theatre,RTCXRoads,Hyd 500020 Landline +910427627607:Mobile
+919701010000 Email:[email protected],[email protected]
Mumbai Delhi Kolkata Ahmedabad 12/3MonoharPukurRoad3 rd Floor
6Mangal ,3AVishrut Bunglows , B29/113SundarNagar 10B,Jangpura
NearUttamMancha OppositeASchool NearGanesh Temple MathuraRoad
Kolkatta 700026 Subhash chowk ,Memnagar Sundernagar ,Santacruz East
NewDelhi 110014 Mumbai400098 Ahmedabad380052 Ah d b d 380052
Contact Mr.SourabhAgarwal Contact Mr.RajivJha Contact Mr.Haresh
Desai Contact Mr.AshutoshNigam Landline +917940055790 Landline
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3. Introduction Parameter Description Population(2001census)
4.69million Population(2010projected) P l i (2010 j d) 5.80million
5 80 illi Area 1300sq.km
AhmedabadMunicipalCorporation(AMC)forthecorecityandsomeoftheregions
AdministrativeStatus
surroundingthecityareadministeredbytheAhmedabadUrbanDevelopment
Authority(AUDA).
Threemainseasons:summer,monsoonandwinter.Asidefromthemonsoonseason,
Climate theclimateisdry.Averagesummermaximumandminimumis33 C(80 F)
23 C (73 F) CityFunctions
Textileindustries,pharmaceuticalIndustries,Trading,Education,Logistics
DistanceofAirportfromCBD 13kmfromAshramroad(corecity) Commercial
RealEstateOutlook Residential Retail
SEZ,PoliticalStability,ProposedInfrastructureProjects,lowconstructioncost,
FactorsGoverningRealEstate Factors Governing Real Estate
proposedindustries
Sanand,Bopal,Shela,Ghuma,Shilaj,SPringroad,SGhighway,Ahmedabad
UpcomingSuburbs Gandhinagarhighway,Prahladnagar 1.8forResidentialR1
1.2forResidentialR2 PermissibleFSI 0.3forResidentialR3
1.8forCommercial 2.25forStarHotelson18mwideandaboveroad
4. GeographicalFeatures Six laning of Sarkhej- Viramgam highway
TATA Nano Plant Royal group township t hi 1200 acres
(proposed)
5. Demographics Population projection for Greater Ahmedabad
including AMC and AUDA area 2011 2021 2035 2001 Population*
5,417,374 6,905,477 8,231,375 10,900,000 Households (HH size 5 0)
5.0) 1,083,475 1 083 475 1,381,095 1 381 095 1,646,275 1 646 275
2,180,000 2 180 000 CAGR (%) 2.20% 2.46% 2.32% 1.92% Source
:Population for 2001 is taken from relevant Census of India 2001,
population for 2011 & 2035 are taken from CDP - Ahmedabad SEC
classification for Ahmedabad population p p % distribution 2001
2011 2021 2035 * SEC A 11% 119,182 151,920 183,744 239,800 SEC B
21.60% 234,031 298,317 360,807 470,880 SEC C 22.10% 239,448 305,222
369,159 481,780 SEC D 25.10% 271,952 346,655 419,271 547,180 SEC E
20.20% 218,862 278,981 337,421 440,360 Source: BW Marketing White
book, 2006
6. Economy&Development Sectorial
distributionofemploymentinAhmedabad
WorkparticipationratioofdifferentcitiesinwesternIndia Agriculture
1.70% Services Mining and Quarrying WPR (in %) 16.62% 0.40% 39 38
Manufacturing 37 32.13% 36 Transport 35 9.61% 3 34 33 32 31 30 29
Trade, Hotels and Mumbai Pune Vadodara Surat Rajkot Ahmedabad
Restaurants Construction 33.33% 6.21% 6 21% WPR (in %)
Source:CityMonitor2002 Categories % S. No.
UrbanCWEoccupation&HWoccupationforAhmedabad 1 Agriculture 1.7
17 Mining and 2 0.4 Quarrying 3 Manufacturing 32.1 4 Construction
6.2 Trade, Hotels 5 33.3 and Restaurants 6 Transport T t 9.6 96 7
Services 16.6 Source:TheMarketingWhiteBook,200304 Total 100.0
7. Economy&Development
SardarPatelRingRoadandproposedGIFTcity
BusRapidTransportSystem(BRTS) AhmedabadGandhinagarMetro GIFT Sardar
city Patelring Patel ring road DelhiMumbaiIndustrialCorridor
SabarmatiRiverfrontproject
8. CBD&CommercialAreas Lease Capital Co rentals (INR values
de Area psft pm) (INR psft) Old City SABARMATI Core 10- 20 800-
2000 Ashram Road 1 (CBD) 20- 45 1800- 4500 THALTEJ,SHILAJ CG Road 2
(CBD) 30- 60 3000- 6500 BAPUNAGAR 3 Gurukul 20- 30 1800- 2800 3
BOPAL,SHELLA Vastrapur 25- 40 2000- 4000 OLDCITY 1 2 CORE
Prahladnag g 5 4 ar 30- 55 3000- 5500 4 SG MANINAGAR Highway 5
(SBD) 35- 55 3000- 6000 SANAND Sabarmati 15- 30 1000- 2500
Maninagar 15- 25 1200- 2500 Bapunagar p g 10- 25 1000- 2500
9. ResidentialRealestate Cod Area Type Capital e Values (INR
psft) Old City Traditional Houses 800- 1500 Core SABARMATI 1
Navrangp Apartments 2500- 4000 ura 2 Naranpura N Apartments A t t
1500- 1500 2800 Gurukul Apartments 1800- 2800 THALTEJ,SHILAJ
Vastrapur Apartments 2500- 3500 2 BAPUNAGAR 3 Satellite Apartments
p 3000- 4500 1 4 Paldi, Apartments 2500-3000 BOPAL,SHELLA OLDCITY
Vasna CORE Sabarmati Apartments 2000-2500 3 Thaltej, Thaltej
Apartments 2000-3000 4 Shilaj MANINAGAR Bopal, Bungalows, Row
2400-3200 Shella houses SANAND Sanand Bungalows, Row g , 1800- 3000
houses Maninagar Apartments 1500-3000 Bapunaga Apartments 1100-
1800 r Shahibau Apartments 2200-4500 g
10. RetailRealestate Lease rentals Capital Co (INR psft values
de Area pm) (INR psft) Old City SABARMATI Core 20-50 1800-4500
Ashram 7000- 1 Road 70-95 10000 THALTEJ, SHILAJ 7500- 2 CG Road
80-110 12000 BAPUNAGAR 3 3 Gurukul 50-65 4500-7000 BOPAL, SHELLA
OLD CITY Vastrapu 1 r 45-70 4500-7500 2 CORE 5 4 4 Satellite 65-90
6300- 9500 MANINAGAR SG 6500- 5 Highway 70-100 10000 SANAND Sabarma
ti 30-50 2800-5000 Maninag ar 25-45 2500-4500 Bapunag ar 15-30
1500-3200
12. Overviewofhospitalitysector There are many existing hotels
in Ahmedabad, while Gandhinagar has a couple of good quality
hotels. There are about 1322 star category hotel rooms, inclusive
of 3 star, 4 star and 5 star category hotels, in Ahmedabad. g y g y
The average occupancy in these hotels is around 75%. Many national
and international hotel chains are scouting for and in the city and
some have finalised locations and plots for hotels in the city.
Locations of Hotels in Ahmedabad
13. Inventoryofexistinghotels Fivestarhotels Sr.No. Name&
No.ofRooms Occupancyin Tariff(INRperroomnight) %(Oct'08) %(O t'08)
1 Taj ResidencyUmmed 91 55% 780016000 2 LeMaridien 63 60% 800013500
3 ThePrideHotel The Pride Hotel 120 50% 700012000 7000 12000 4
Mariott parkland 160 NA 750010000 5 Inder Residency 79 60% 50007800
Total 513 56% Fourstarhotels Sr.No. Name& No.ofRooms
Occupancy(oct'09) Tariff Address 1 Cama Park Plaza ParkPlaza 50 65%
53009000 5300 9000 2 ComfortInnSunset 33 58% 40006000 3 St.Laurn 75
NA NA 4 HotelGinger Hotel Ginger 75 NA 2599 5 HotelCountryinn 75 NA
NA Total 308 62%
16. Proposedhotelsaspermarket intelligence Sr.No Name Location
Promoter Hotelbrand No.of Category rooms proposed 1 ITCnarmada
Keshvbaug, Welcomegroup ITChotels 100 5star vastrapur,Ring road 2
Shantikunj servicedapartment Paldi Orienthospitalities NA 26
4star/budget 3 Raddison Asrhramroad Raddison NA 80 4star 4 Orchid
SGHighway Orchid NA 100 5star 5 Dawny day Satellite Dawnyday NA 50
4star 6 GalaHotel Drivein Navneetgroup NA 300 4star 7 Proposedhotel
Vastrapur AlphaG NA 100 5star 8 Crownplaza Shapath5,SG Savvy
Crownhotels 100 5star Highway infrastructure 9 Proposedhotel
Prahladnagar Parshvanathgroup NA 100 5star 10 Proposedhotel
SGHighway Rajtravelsgroup NA 300 5star 11 Proposedhotel Proposed
hotel SGHighway S G Highway Phoenixgroup Phoenix group Zurihotels
Zuri hotels 100 4star 4 star 12 Proposedhotel Paldi Panoramic NA 36
4star universalsLtd 13 Proposedhotel CGRoad Intercontinental NA 75
4star hotels 1467
17. FutureOutlook ARR in Ahmedabad is average INR 5000
Occupancy levels are 65% to 80% in range .Which
ARRinAhmedabadisaverageINR5000.Occupancylevelsare65%to80%inrange
Which isincreasingeveryyear.
Hospitalitymarketislikelytowitnessahugeupswingduetocommercialandindustrial
proposalsaroundthecity.Allhotelsinthecityaredoingwellandexpectingmoreoccupancy
proposals around the city All hotels in the city are doing well and
expecting more occupancy incomingyears.
Demandwillincreaseascommercialspacesareaddinginthecitystock.
ActiveGovernmentpolicies,UrbanInfrastructure,lowpricesoflandandrealestate,
availabilityofland,Positivesupportfromtourismdepartmentandgrowthofthecityarekey
factorstodevelopahotelconsideringoptimumproductmix.
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