Top 3 residential options in Ahmedabad Satellite, Bopal and Prahlad Nagar have emerged as the most preferred residential locations in Ahmedabad both for buying a property as well as for rental purpose. If you are looking to buy or take a rented accommodation in Ahmedabad, it would be a good idea to have a look at some of the localities that are most searched by the buyers. As per the latest PropIndex (Oct-Dec 2013), Satellite, Bopal and Prahlad Nagar were the most preferred residential options in that order for both buying a property as well as for renting. So what makes these localities so popular? Well, while location and connectivity works in the favour of Satellite and Prahlad Nagar, affordability is acting as a catalyst in Bopal. Satellite The locality has been one of the three most preferred residential localities for both outright sale as well as rent in the last one year, as per data with Magicbricks. Located in west Ahmedabad, residential demand in Satellite is driven by the availability of properties in a varied budget range and good connectivity. Through Ahmedabad Municipal Transport Services, the locality is connected to other residential places, such as Vastrapur, Vejalpur and Prahlad Nagar. As per data with Magicbricks, 3BHK units are most common here and are available in a wide budget range of Rs 60 lakh to 1 crore. Sizes of these vary from 1500-2500 sq ft. The 2BHKs are available for Rs 30-70 lakh and are sized around 900-1300 sq ft. Bopal As opposed to Satellite, residential demand in Bopal is driven by affordability. Compared to neighbouring localities, such as Satellite, Vastrapur, Prahlad Nagar and Bodakdev, the locality offers lower capital and rental values. For instance, a 3BHK is available for Rs 50-80 lakh, while you may get a 2BHK unit for Rs 30-40 lakh. Rental values vary largely from Rs 7500-9500 per month as compared to approximately Rs 11,000-14,000 per month in localities such as Satellite, Bodakdev and Vastrapur. Prahlad Nagar Prahlad Nagar is probably the most expensive amongst the three locations. Generally, the larger units, such as 3 and 4BHK units are available here. A 3BHK is available within a price bracket of Rs 90 lakh and Rs 1.4 crore and are spacious with an area of 1600-2000 sq ft. 4BHK homes are lavish and are sized around 2500-3800 sq ft. These are priced around Rs 1.5 to 5 crore and above. Rental values for a 3BHK vary from Rs 25,000-40,000 per month, while a 2 BHK would command anywhere between Rs 10,000 and 15,000 per month. Sruthi Kailas, Magicbrick.com Bureau