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Ivan Elara - 2 BHK apartment for buy-new in Shela, Ahmedabad - main view
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Type

Apartment

Bedrooms

2-3 BHK

Floor

5 of 14

New ProjectApartment TERRA VERIFIED RERATERRA VERIFIED

Ivan Elara

Ivan Elara Shela, Ahmedabad

₹55 Lakh - ₹75 Lakh
Bedrooms
2 - 3 BHK
Floor
5 / 14
Furnishing
Semi Furnished
Status
under-construction
Type
Apartment

About this property

Integrated mixed-use development with 26 on-site premium retail units Rooftop sanctuary featuring infinity walk path and star observation deck Over 30 curated amenities across ground, first, and terrace levels Wellness zone featuring a yoga deck, outdoor gym, and reflexology park Superior connectivity via 24m, 18m, and 6m wide peripheral roads Dedicated age-specific zones for toddlers and senior citizen sit-outs Social hub with banquet hall, barbecue zone, and cultural exchange area

Property Details

Basic Information

Property ID
#1487
Property Type
Apartment
Listing Type
New Project
Construction Status
under-construction
Possession Date
30 December 2030

Configuration

Bedrooms
2 - 3 BHK
Furnishing
Semi Furnished
Floor
5 of 14

Area & Dimensions

Carpet Area
650 - 930 sq.ft

Legal & Compliance

Investment Calculator

Estimate returns after costs

5 Years
1 Yr15 Yrs
₹
%/yr
Future Value
₹73.60 Lac
+₹18.60 Lac
Net Rental Yield
2.3%
after vacancy & upkeep
Net Rent (5Y)
₹68,942
rent from month 56
Net ROI
23.7%
~4.4%/yr
Investment Summary5 Year Projection
Purchase price₹55.00 Lac
+ Stamp duty & registration₹3.85 Lac
+ Capital appreciation₹18.60 Lac
− Selling costs₹1.47 Lac
+ Rent collected₹76,602
− Maintenance & tax₹7,660
Net profit₹13.97 Lac

Assumes 6% yearly appreciation, 5% rent growth, 1 month(s) vacancy a year, and no rent for the first 55 months (possession + delay). Source of the appreciation and rent defaults: Shela area market data (updated Oct 2026). Projections are estimates, not guarantees, and exclude loan interest and income tax.

Amenities

12 amenities available

Power Backup
Swimming Pool
Water Supply
Lift
Club House
Park/Garden
Visitor Parking
Security
Children Play Area
Parking
Gym
Gas Pipeline

Floor Plans (2)

Floor Plan 1 - Ivan Elara
Floor Plan 2 - Ivan Elara

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Legal Clarity

Approvals & Documentation Status

Verified approvals
Not yet verified

No approval documents have been submitted for this listing yet.

RERA Registration
State Real Estate Regulatory Authority
TERRA VERIFIED RERA

Approvals & Clearances

Approval details are not available yet. Ask the developer for the commencement certificate, building-plan approval and RERA certificate before booking.

Developer Information
Developer
Ivan Smartspaces LLP
Project
Ivan Elara

"Verified" means TerraNexxus has checked the linked document on the date shown. Items marked "Pending verification" are declared by the lister and have not been checked yet. Always verify independently before making a purchase decision.

Frequently Asked Questions

Common questions about Ivan Elara

Ivan Elara is listed at ₹55 Lakh - ₹75 Lakh. Confirm the final price, payment plan and registration costs with the lister through an enquiry on this page.

Shela market on TerraNexxus

From live listings, 4 November 2026

Active listings in Shela
51
Asking prices in Shela
₹40 Lakh – ₹4.80 Cr
42 listings
Active listings in Ahmedabad
616

Asking prices set by listers on TerraNexxus, not registered sale prices. Per-sq-ft figures use carpet area (else built-up area) and leave out price ranges and on-request prices.

Tools

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Down Payment

₹11 Lakh

20%

Loan Amount

₹44 Lakh

80%

Total Interest

₹47.64 Lakh

52%

₹44 Lakh
10%90%
8.5% p.a.
6%15%
20 Years
5 yrs30 yrs
Payment Breakdown
Principal: ₹44 Lakh
Interest: ₹47.64 Lakh

Total Amount Payable

₹91.64 Lakh

Get pre-approved loans from

SBIHDFCICICIAxis

TerraScore™

Indicative property rating

Good

1 of 4 factors are backed by TerraNexxus-verified data. Tap a factor to see why.

TerraScore™ is an indicative rating, not advice. Unverified factors use lister-provided data (listing updated 16 Oct 2026). Always verify independently.

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