In a significant development for Ahmedabad's real estate sector, Resset Group has acquired a 3-acre prime land parcel in South Bopal through its Special Purpose Vehicle (SPV) for approximately INR 42 crore, with an additional INR 2.5 crore paid in stamp duty. The site, located near the proposed Olympic 2036 Village, is set to house a premium residential and retail project offering 2 and 3 BHK units. The development will feature contemporary designs, sustainable architecture, and a Singapore-inspired landscape by Studio Black Smith, reinforcing Resset's focus on innovation and community-centric planning.
Resset Group has strengthened its position in Ahmedabad's growing property market by acquiring a three-acre prime land parcel in South Bopal, one of the city's most rapidly developing zones. The acquisition, completed through the Group's Special Purpose Vehicle (SPV) for approximately INR 42 crore, also included a stamp duty payment of INR 2.5 crore, reflecting the developer's transparency and commitment to long-term investment in the city's urban growth corridor.
The site is strategically positioned at a double-road corner in the heart of South Bopal, close to the proposed Olympic 2036 Township. The area has emerged as a hub for new-age residential development, backed by strong infrastructure, superior connectivity, and proximity to major business and commercial districts.
Resset Group plans to create a premium mixed-use development combining residential and retail elements. The project will feature 2 and 3 BHK homes, complemented by modern retail spaces and a range of lifestyle amenities. Designed in collaboration with Singapore-based landscape design firm Studio Black Smith, the development aims to set a new benchmark for mid-luxury living in Ahmedabad, merging technology, contemporary architecture, and sustainability.
Real estate analysts have noted that South Bopal continues to attract robust investor and buyer interest owing to its excellent connectivity, proximity to major business hubs like S.G. Highway, Bopal, and GIFT City, and its well-developed BRTS and metro networks. The area's proximity to educational and healthcare institutions, coupled with the upcoming Olympic 2036 infrastructure, is expected to drive further appreciation and visibility for the locality.
Ahmedabad itself remains among India's top five real estate growth cities, supported by infrastructure-led expansion, the semiconductor corridor near Sanand, and global event bids. These developments have collectively positioned the city as a strong contender for long-term real estate investment.
Over the years, Resset Group has built a reputation for its emphasis on speed, quality, and transparency. Its previous projects-Good Earth in South Bopal, Evara on Basant Bahar Road, and Proxima-have all demonstrated the company's commitment to architectural finesse and timely execution. Good Earth, in particular, is regarded as one of South Bopal's finest residential offerings, known for its design, planning, and amenities.
Resset's ability to deliver projects on time is supported by its use of advanced construction technologies, Grade-A contractors, and precision project management systems, which together enable high-quality, efficient execution. The South Bopal acquisition marks the developer's fourth major project in the area, reinforcing its long-term vision for shaping the region's skyline and contributing to Ahmedabad's sustainable growth.
This purchase also aligns with Resset Group's Vision 2030, which aims to deliver over 3,000 homes in Ahmedabad by the end of the decade. The company's leadership has emphasised that its mission extends beyond developing real estate to building vibrant communities where innovation, sustainability, and human connection coexist seamlessly.
With a proven record in design-led, sustainable development, the company continues to strengthen its position as one of Gujarat's most progressive developers. The planned mixed-use project near the Olympic 2036 Village reaffirms Resset's long-term strategy to blend urban convenience with community living, further enhancing the appeal of South Bopal as a premier residential destination in Ahmedabad.
Source - PTI
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