Vadodara, also known as Baroda, is the third biggest and most inhabited city in Gujarat. This city is located on the banks of Vishwamitri River and is just 139 km away from Gandhinagar, the state capital of Gujarat. Known as the cultural capital of Gujarat, the infrastructure growth in the city is in upswing and the people are witnessing a steady rise in the residential and commercial properties in Vadodara.
This city is emerging as a destination for real estate as it will soon be having the biggest IT parks. Being one among the cosmopolitan cities, the residential and retail sector is also improving with more and more demand for flats in Vadodara. The city comes under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and hence witnessing significant infrastructure development projects in Vadodara such as:
Newly constructed Ahmedabad-Vadodara Expressway in the northern side of Vadodara has reduced travel time and the traffic congestion. Another expressway from Vadodara to Mumbai is proposed, that will improve the connectivity to Mumbai from Vadodara. Then there is the Ajmer road on the east of Vadodara that connects to Surat, the textile city of Gujarat. The developments along these road networks are making Vadodara a junction point and therefore the builders in Vadodara are looking for properties in Vadodara for constructing apartments. Here is a quick look on some of the localities in Vadodara.
Gowra: Gowra is a mix of residential and commercial properties and is witnessing price rise in property in Gowra by 8-12 percent every year. Resident of flats of Gowra is finding it easy to commute as one can find Vadodara, Goya Gate and Vishvamitri railway stations in close proximity. The other reasons for real estate growth here is the Gowra Lake, which lies in the centre of the city and the upcoming Vadodara-Surat National Highway which is likely to be ready by the end of 2013. Therefore, it is budding residential and commercial locality with increasing price trend.
Price trend: Return on Investment is witnessing an increase of 31% q-o-q. The highest, lowest and the average locality price is Rs. 4,600 per square foot and this is encouraging one to invest in projects in Gowra.
Gotri: Gotri has suddenly become a prime investment destination due to the rapid expansion of the city. One can find the best residential flats for sale in Gotri with ultra-modern facilities and amenities. Gotri is famous for Nisargopachar Kendra at Vinoba Ashram, Gujarat Medical Education and Research Society and for the Island named Yoginagar Township. Basic amenities like water and electricity is supplied by Vadodara Municipal Corporation and Gujarat Electricity Board respectively. Proximity to bus stand, railway station and airport is creating demand for Property in Gotri.
Price trends: The return on investment is witnessing a hike of 10% q-o-q. The prices are for apartments in Gotri are:
Highest locality price: Rs. 2,600 per square foot
Lowest locality price is Rs. 2,400 per square foot
Average locality price is Rs. 2,500 per square foot.
The average price for plots in Gotri is Rs. 16,352 per square yard.
Waghodia Road: Industrial boom in Waghodia road has changed the face of this locality and created demand for Waghodia Road properties. Major companies Suzlon like Larsen and Turbo (L&T) have come up with their knowledge parks in Waghodia Road. Apart from these, other companies in this locality are, CSI Software, Ocean Comp Technologies, etc. Professionals working in these companies are looking for investment in flats in Waghodia Road as well as in plots in Waghodia Road.
Price trend: The return on investment is witnessing a hike of 47% year on year. The prices are:
Highest locality price: Rs. 5,721 per square foot
Lowest locality price: Rs. 3,344 per square foot
Average locality price: Rs. 4,533 per square foot.
The rental rate is Rs. 9 per square foot.
Manjalpur: Manjalpur is a developed area in Vadodara with good infrastructures, shopping malls and residential complexes and is a good investment option for home buyers. Situated next to Gujarat Industrial and Development Corporation (G.I.D.C) belt, this place is encouraging real estate development and demand for property in Vadodara, Manjalpur. Having the best hospitals like Baroda Global and Spandan and Manjalpur flyover near Lalbaug that connects Manjalpur to Rajmahel road and from Pratap Nagar to Viswamitri bridge is adding to the real estate demand. Other than this one can find goods schools and colleges like Shreyas Vidyalaya, Vidyakunj High School, Don Bosco High School, Bharatiya Vidhya Bhavan, etc. in this locality.
Price trends: The return on investment is witnessing a hike of 8% when compared to the year 2012. The prices for flats in Manjalpur are:
Highest locality price: Rs. 3,889 per square foot
Lowest locality price: Rs. 2,877 per square foot
Average locality price: Rs. 3,383 per square foot.
Sama-Savli road: Sama-Savli road is a fast developing residential location and is located just 2 km away from Sama and Karelibuag. The prestigious Ahmedabad-Vadodar Expressway is just minutes away and the Sama-Savli road is surrounded by IT Parks and Industrial belts. Good schools like Ambe Vidyalaya, Delhi Public School, etc. are located at a stone’s throw distance, thus providing relief to the residents of flats of Sama-Savli road.
Price trends: Returns on Investment in this area are witnessing a decrease of 2% q-o-q. The prices are:
Highest locality price: Rs. 2,300 per square foot.
Lowest locality price: Rs. 2,200 per square foot.
Average locality price: Rs. 2,300 per square foot.
Witnessing the current price trend in Vadodara, one can invest in real estate projects like villas, bungalows, high-rise apartments, and low-rise townships, as the prices are quite favorable and affordable.
This city is emerging as a destination for real estate as it will soon be having the biggest IT parks. Being one among the cosmopolitan cities, the residential and retail sector is also improving with more and more demand for flats in Vadodara. The city comes under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and hence witnessing significant infrastructure development projects in Vadodara such as:
- construction of SEZ where many multinational companies will start operations
- the new expressways to enhance connectivity within city as well as to adjacent cities, as well as improvement in roads
- flyovers, power water and other civic amenities
Newly constructed Ahmedabad-Vadodara Expressway in the northern side of Vadodara has reduced travel time and the traffic congestion. Another expressway from Vadodara to Mumbai is proposed, that will improve the connectivity to Mumbai from Vadodara. Then there is the Ajmer road on the east of Vadodara that connects to Surat, the textile city of Gujarat. The developments along these road networks are making Vadodara a junction point and therefore the builders in Vadodara are looking for properties in Vadodara for constructing apartments. Here is a quick look on some of the localities in Vadodara.
Gowra: Gowra is a mix of residential and commercial properties and is witnessing price rise in property in Gowra by 8-12 percent every year. Resident of flats of Gowra is finding it easy to commute as one can find Vadodara, Goya Gate and Vishvamitri railway stations in close proximity. The other reasons for real estate growth here is the Gowra Lake, which lies in the centre of the city and the upcoming Vadodara-Surat National Highway which is likely to be ready by the end of 2013. Therefore, it is budding residential and commercial locality with increasing price trend.
Price trend: Return on Investment is witnessing an increase of 31% q-o-q. The highest, lowest and the average locality price is Rs. 4,600 per square foot and this is encouraging one to invest in projects in Gowra.
Gotri: Gotri has suddenly become a prime investment destination due to the rapid expansion of the city. One can find the best residential flats for sale in Gotri with ultra-modern facilities and amenities. Gotri is famous for Nisargopachar Kendra at Vinoba Ashram, Gujarat Medical Education and Research Society and for the Island named Yoginagar Township. Basic amenities like water and electricity is supplied by Vadodara Municipal Corporation and Gujarat Electricity Board respectively. Proximity to bus stand, railway station and airport is creating demand for Property in Gotri.
Price trends: The return on investment is witnessing a hike of 10% q-o-q. The prices are for apartments in Gotri are:
Highest locality price: Rs. 2,600 per square foot
Lowest locality price is Rs. 2,400 per square foot
Average locality price is Rs. 2,500 per square foot.
The average price for plots in Gotri is Rs. 16,352 per square yard.
Waghodia Road: Industrial boom in Waghodia road has changed the face of this locality and created demand for Waghodia Road properties. Major companies Suzlon like Larsen and Turbo (L&T) have come up with their knowledge parks in Waghodia Road. Apart from these, other companies in this locality are, CSI Software, Ocean Comp Technologies, etc. Professionals working in these companies are looking for investment in flats in Waghodia Road as well as in plots in Waghodia Road.
Price trend: The return on investment is witnessing a hike of 47% year on year. The prices are:
Highest locality price: Rs. 5,721 per square foot
Lowest locality price: Rs. 3,344 per square foot
Average locality price: Rs. 4,533 per square foot.
The rental rate is Rs. 9 per square foot.
Manjalpur: Manjalpur is a developed area in Vadodara with good infrastructures, shopping malls and residential complexes and is a good investment option for home buyers. Situated next to Gujarat Industrial and Development Corporation (G.I.D.C) belt, this place is encouraging real estate development and demand for property in Vadodara, Manjalpur. Having the best hospitals like Baroda Global and Spandan and Manjalpur flyover near Lalbaug that connects Manjalpur to Rajmahel road and from Pratap Nagar to Viswamitri bridge is adding to the real estate demand. Other than this one can find goods schools and colleges like Shreyas Vidyalaya, Vidyakunj High School, Don Bosco High School, Bharatiya Vidhya Bhavan, etc. in this locality.Price trends: The return on investment is witnessing a hike of 8% when compared to the year 2012. The prices for flats in Manjalpur are:
Highest locality price: Rs. 3,889 per square foot
Lowest locality price: Rs. 2,877 per square foot
Average locality price: Rs. 3,383 per square foot.
Sama-Savli road: Sama-Savli road is a fast developing residential location and is located just 2 km away from Sama and Karelibuag. The prestigious Ahmedabad-Vadodar Expressway is just minutes away and the Sama-Savli road is surrounded by IT Parks and Industrial belts. Good schools like Ambe Vidyalaya, Delhi Public School, etc. are located at a stone’s throw distance, thus providing relief to the residents of flats of Sama-Savli road.
Price trends: Returns on Investment in this area are witnessing a decrease of 2% q-o-q. The prices are:
Highest locality price: Rs. 2,300 per square foot.
Lowest locality price: Rs. 2,200 per square foot.
Average locality price: Rs. 2,300 per square foot.
Witnessing the current price trend in Vadodara, one can invest in real estate projects like villas, bungalows, high-rise apartments, and low-rise townships, as the prices are quite favorable and affordable.
Smartkidz preschool is a National Branded Play School in India. Offers
ReplyDeletePlay School Franchise in Gujarat and Preschool Franchise in Gujarat
Its actually a nice and helpful piece of info. I am happy that you shared this helpful information with us. Please stay us up to date like this. Thanks for sharing.
ReplyDeleteSchools in Hitech City
Thanks for sharing such an informative post. Not only in Vadodara you can also find affordable housing Gurgaon too. Do some research before the booking of any apartment, so that you will get better.
ReplyDeleteIn my point of view, this is really very well and informative content given about Best Localities in Vadodara. Thanks for given this information here about this blog.
ReplyDelete2bhk Flats for Sale in Tambaram West