Ahmedabad/Ashram Road / Cg Road
Ahmedabad's Original CBD, A Century of Commerce on the Sabarmati's Banks
Ashram Road and the adjacent CG Road (Chimanlal Girdharlal Road) constitute Ahmedabad's original and most historically significant Central Business District, the riverfront commercial spine that has anchored the city's financial and institutional life since Mahatma Gandhi's Sabarmati Ashram established its identity in the early 20th century. Ashram Road runs north-south along the western bank of the Sabarmati River, housing the Reserve Bank of India's Ahmedabad Regional Office, major bank headquarters (including Axis Bank's corporate office), insurance company regional headquarters, governmen
Grade A
Grade A Commercial Offices
Managed Office
Managed Offices
Co-working
Coworking Spaces
Nearest Metro Station(s) Sardar Vallabhbhai Patel International Airport (SVPIA), Hansol, ~13 km via NH-48 (Ahmedabad-Mehsana Road)
Banking & Financial Services
Highest density of bank headquarters and regional offices in Ahmedabad; RBI, Axis Bank, Bank of Baroda, SBI, defining the corridor's institutional character
Trading & Commodity Commerce
Gujarat's dominant trading community, diamonds, textiles, agricultural commodities, chemicals, has historic roots on Ashram Road and CG Road
Professional Services
Ahmedabad CA community (one of India's largest); law firms (Gujarat High Court at Old High Court metro station, directly adjacent); tax advisory and compliance
Government & Regulatory
State government liaison offices, regulatory authority regional offices, court-adjacent professional services
Retail & Consumer Brands
CG Road is Ahmedabad's premier high-street shopping destination; branded apparel, F&B, and lifestyle brands drive consistent footfall
No IT SEZ. Ahmedabad STPI is located in the vicinity, enabling STPI unit registration for qualifying IT/ITES exporters. The corridor's value is regulatory proximity (RBI, SEBI Ahmedabad regional office, Gujarat High Court) and institutional prestige, essential for businesses requiring compliance and government interface.
Gujarat University (University Road, ~3 km), large undergraduate pool across engineering, commerce, and science. LD College of Engineering (Navrangpura, ~1.5 km), major public engineering college. MICA (Shela, ~10 km), India's premier marketing and communications institution. CEPT University (~2 km), architecture and design. The central city residential population provides a large experienced professional workforce for banking, insurance, trading, and professional services roles.
The Ashram Road and CG Road building stock is predominantly older (1970s–2000s) with selective Grade A buildings, particularly the Sakar series and newer Navrangpura developments. ESG certification is less prevalent than on SG Highway or GIFT City. Newer builds on the CG Road corridor are incorporating IGBC and LEED design elements. The Sabarmati Riverfront is itself an urban sustainability model, green walkways, solar lighting, and public amenities adjacent to Ashram Road.
Torrent Power and UGVCL provide distribution in the Ahmedabad core; supply is reliable in the central city zone. All commercial buildings provide DG backup. Jio Fibre and Airtel enterprise services available throughout. Ashram Road's metro connectivity (Commerce Six Road and Old High Court) represents a significant transit upgrade for a corridor that was previously dependent on road transport.