The rental values across Ahmedabad's localities, according to brokers, have grown on an average of 20-100 percent in the last four months, from Nov to Feb. The escalation in apartment rentals shows that the reversal of fear psychosis for high rises post Bhuj earthquake. Before earthquake, everybody preferred high rises.
There were few takers for first floor and they all wanted to go in for upper storeys. However, it was just the reverse case after earthquake where staying close to the ground was preferred. Once again people are preferring hi-rise living in Ahmedabad. Comments invited…
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