ahmedabad sg road has seen another deal worth more than rs 100 crore with a citybased player buying a 17500 sq yard plot near vaishnodevi circle according to sources the official deal size is about rs 118 crorethe plot has been bought by sheetal infrastructure sg road has been a site of a number of deals after it was widened corporates have focused on this area as have those developing residential projects the latest deal is expected to result in the construction of about 15 lakh square feet of highend residential developmentsheetal infrastructure cmd paras pandit said we have initiated the deal to buy about 17500 sq yard plot near vaishnodevi circle and it will be complete soon pandit added this area has seen big infrastructure development and connectivity has improved after the widening of sg road he went on to say a number of large corporate houses have been set up in this area and commercial development is also significant we believe this area has high potential for highend residential projects and we are planning to launch such a project on this plotpandit said that the company plans to construct 22 or 28 storey buildings on the plotahmedabad has recorded appreciable demand for highend residential properties after the covid lockdown a leading real estate consultant said improved connectivity between ahmedabad and gandhinagar has increased the deals on sg road in recent times and a number of developers are planning to launch projects on the stretch the consultant added there is good demand for residential and commercial properties this road is also getting most of the tall buildings in the city because developers are bullish about this stretch